Increase In M-Cap Of Top 8 Firms, TCS And SBI Benefited
Increase in M-Cap of top 8 firms, TCS and SBI benefited the most: M-Cap.
Last week, out of the 10 most valuable firms in the country, 8 firms have seen an increase in the market valuation.
Eight of the top-10 most valuable companies in the country have added Rs 1,18,930.01 crore to their market valuations last week.
During this, Tata Consultancy Services (TCS) and the State Bank of India (SBI) benefited the most.
Tata Consultancy Services (TCS) market valuation rose by Rs 40,782.04 crore to Rs 12,98,015.62 crore.
Whereas SBI added Rs 25,033.54 crore to its market valuation and its market valuation stood at Rs 4,73,406.02 crore.
At the same time, the market valuation of Infosys increased by Rs 17,158.49 crore to Rs 7,18,890.08 crore and that of HDFC rose by Rs 10,153.08 crore to Rs 5,24,370.77 crore.
Apart from this, Bajaj Finance added Rs 7,502.68 crore to its market valuation, taking its market valuation to Rs 4,54,304.34 crore.
At the same time, the market valuation of Hindustan Unilever Ltd rose by Rs 6,978.29 crore to Rs 5,69,458.69 crore and that of HDFC Bank rose by Rs 6,453.41 crore to Rs 8,82,981.83 crore.
The market valuation of Kotak Mahindra Bank rose by Rs 4,868.48 crore to Rs 4,07,881.48 crore.
While the market valuation of the remaining eight companies saw an increase, there was a decline in the market valuation of Reliance Industries Ltd (RIL) and ICICI Bank.
Increase in M-Cap of top 8 firms: The market valuation of Reliance Industries Ltd (RIL) declined by Rs 24,612.17 crore to Rs 15,85,074.58 crore.
At the same time, the market valuation of ICICI Bank declined by Rs 13,680.32 crore to Rs 5,42,827.39 crore.
Reliance has retained its top position among the country’s most valuable companies.
It is followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, ICICI Bank, HDFC, State Bank of India, Bajaj Finance, and Kotak Mahindra Bank.
