Four of the ten most valuable companies added Rs 1,12,121.1 crore in market valuation last week, with Tata Consultancy Services topping the chart.
Bharti Airtel, Infosys, and ITC were the other gainers from the top-ten list. On the other hand, RIL, HUL, HDFC Bank, HDFC, Kotak Mahindra Bank and ICICI Bank cumulatively lost Rs 98,890 crore in market capitalization during the week ended Friday.
The market valuation of TCS zoomed Rs 47,148.71 crore to Rs 7,57,587.71 crore, as the biggest rise among the top-10 firms. ITC’s valuation jumped Rs 26,735.6 crore to Rs 2,29,065.73 crore and that of Bharti Airtel climbed around Rs 21,222.12 crore to Rs 3,23,514.55 crore. Infosys has added Rs 17,014.67 crore to its valuation to stand at Rs 2,94,828.76 crore. In contrast, the market cap of HDFC Bank has tumbled Rs 27,035.85 crore to Rs 4,60,048.03 crore.
HDFC’s valuation tanked around Rs 20,620.02 crore to reach Rs 2,62,673.68 crore and also that of ICICI Bank plunged tata Rs 20,358.82 crore to Rs 1,88,541.97 crore. The market cap of Reliance Industries declined of Rs 17,306.57 crore to Rs 9,07,548.99 crore and that of Hindustan Unilever HUL fell by Rs 10,290.67 crore to Rs 4,67,168.22 crore.
Kotak Mahindra Bank’s valuation has dipped Rs 3,278.07 crore to Rs 2,22,049.15 crore. In the ranking of top-10 firms, RIL retained its number 1 position, followed by TCS, HUL, Infosys, HDFC Bank, Airtel, HDFC, ITC, Kotak Mahindra Bank and ICICI Bankas well.