Mcap of 9 of top 10 valued companies adds Rs 95,522 cr; RIL, TCS lead the gainers
Reliance Industries retained the title of most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC | (Photo: Shutterstock)
The combined market value of nine of the top 10 most valued companies rose by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL being the biggest gainers.
The 30-share BSE Sensex rose for the fourth consecutive session to close 33.02 points or 0.04 per cent higher at 81,086.21 on Friday.
Last week, the BSE benchmark rose 649.37 points or 0.80 percent.
The market capitalization (Mcap) of Reliance Industries increased by Rs 29,634.27 crore to Rs 20,29,710.68 crore.
TCS’s valuation rose by Rs 17,167.83 crore to Rs 16,151,114.27 crore and that of Hindustan Unilever by Rs 15,225.36 crore to Rs 6,611,51.49 crore.
Bharti Airtel’s Mcap rose by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore.
ITC rose by Rs 3,965.14 crore to Rs 6,32,364.24 crore, while State Bank of India rose by Rs 2,498.89 crore to Rs 7,27,578.99 crore.
Moreover, the valuation of Life Insurance Corporation of India increased by Rs 1,992.37 crore to Rs 6,71,050.63 crore and that of Infosys by Rs 1,245.64 crore to Rs 7,73,269.13 crore.
However, HDFC Bank’s Mcap fell by Rs 4,835.34 crore to Rs 12,38,606.19 crore.
Reliance Industries retained the title of most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC.
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First publication: Aug 25, 2024 | 10:37 AM IST