TCS Topped The List Of Profit-making Companies In India
TCS topped the list of profit-making companies In India. Reliance got a shock, TCS did wonders! know what happened.
The name of Reliance Industries comes at the top of the country’s most valuable companies. But, TCS looked heavy on Reliance Industries in the stock market last week.
During this period, the market valuation of TCS grew more than that of Reliance. Although Reliance Industries also remained on the profit-making list, TCS topped the list.
The market valuation of TCS has increased the most in the last week.
Let us tell you that TCS had suffered the most in the previous week, while Reliance was the only company whose market valuation increased.
Companies with an edge in market valuation.
Five of the 10 most valuable firms added Rs 85,712.56 crore to the market valuation last week, with Tata Consultancy Services (TCS) emerging as the top gainer.
The market valuation of TCS rose by Rs 36,694.59 crore to Rs 14,03,716.02 crore while that of Reliance Industries rose by Rs 32,014.47 crore to Rs 16,39,872.16 crore.
Reliance is at the top in terms of overall market valuation. Hindustan Unilever’s valuation rose by Rs 12,781.78 crore to Rs 5,43,225.5 crore.
In addition, HDFC added Rs 2,703.68 crore, taking its valuation to Rs 4,42,162.93 crore. The valuation of Bajaj Finance stood at Rs 4,24,456.6 crore, up by Rs 1,518.04 crore.
Market capitalization decreased.
On the other hand, the market capitalization (M-cap) of HDFC Bank declined by Rs 3,399.6 crore to Rs 8,38,529.6 crore and that of Infosys declined by Rs 5,845.84 crore to Rs 7,17,944.43 crore.
ICICI Bank’s valuation declined by Rs 28,779.7 crore to Rs 5,20,654.76 crore.
At the same time, the valuation of the State Bank of India declined by Rs 12,360.59 crore to Rs 4,60,019.1 crore.
Apart from this, the valuation of Bharti Airtel declined by Rs 961.11 crore to Rs 3,91,416.78 crore.
Top 10 companies in India.
Reliance Industries has retained its number one position in the ranking of top-10 firms. It is followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, SBI, HDFC, Bajaj Finance, and Bharti Airtel.
