The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| E-Paper
Search
+

    6 out of top 10 firms add Rs 2.4 lakh crore to m-cap; TCS biggest gainer

    Synopsis

    The market cap of TCS zoomed Rs 1,93,666.73 crore to reach Rs 8,16,068.63 crore.

    Getty Images
    RIL's valuation jumped Rs 15,182.29 crore to Rs 9,31,412.63 crore.

    Related Companies

    NSE
    BSE

    PEER COMPANIES

    PEER COMPANIES

    PEER COMPANIES

    PEER COMPANIES

    PEER COMPANIES

    PEER COMPANIES

    PEER COMPANIES

    New Delhi: Six of the 10 most valuable domestic companies together added a staggering Rs 2.4 lakh crore in market capitalisation last week, with TCS grabbing the lion's share.

    The other winners included Reliance Industries Ltd (RIL), HDFC Bank, Kotak Mahindra Bank, ICICI Bank and SBI, while HUL, Infosys, ITC and HDFC suffered losses in their market capitalisation (m-cap) for the week ended Friday.

    The market cap of TCS zoomed Rs 1,93,666.73 crore to reach Rs 8,16,068.63 crore.

    RIL's valuation jumped Rs 15,182.29 crore to Rs 9,31,412.63 crore.

    The m-cap of HDFC Bank climbed Rs 12,917.96 crore to Rs 6,99,704.93 crore and that of Kotak Mahindra Bank rallied Rs 4,355.08 crore to Rs 3,10,012.67 crore.

    ICICI Bank's valuation rose by Rs 6,430.30 crore to Rs 3,22,725.86 crore and that of SBI increased Rs 5,488.63 crore to stand at Rs 2,87,372.49 crore.

    In contrast, the market cap of Hindustan Unilever Limited (HUL) dropped by Rs 6,277.96 crore to Rs 4,45,355.96 crore.

    Infosys' valuation declined by Rs 1,932.77 crore to Rs 3,02,349.51 crore and that of ITC fell by Rs 12,041.92 crore to Rs 3,07,990.46 crore.

    The m-cap of HDFC went down by Rs 929.60 crore to Rs 3,84,199.95 crore.

    In the ranking of top-10 firms, RIL led the chart, followed by TCS, HDFC Bank, HUL, HDFC, ICICI Bank, Kotak Mahindra Bank, ITC, Infosys and State Bank of India (SBI).

    During the last week, the Sensex advanced 33.08 points or 0.08 per cent.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    3 Comments on this Story

    Raj Tillan306 days ago
    It is part of Market Index management so that enlightened Minister wher is recession of slow down look at share prices they are galloping
    Radhakrishnan P Naik306 days ago
    Above article seems incorrect. TCS has not added so much 190000 crores to its market capitalization.
    Vox Populi306 days ago
    There is upswing in mid-cap valuation of sum of the core group stocks result in increase in aggregate value of Market caps of some of the identifiable blue chip stocks. This does not reflect the actual scenario of the Stock Market.
    The Economic Times