Top Eight Companies Add 47,491 Cr In Market Capitalisation


NEW DELHI: The combined market valuation of eight of the top-10 most valued Indian firms advanced 47,491.18 crore last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer.

Barring SBI and HDFC Bank, the rest of the eight companies made gains in their market capitalisation (m-cap) for the week ended (May 8).

The m-cap of TCS surged 12,545.65 crore to 4,95,695.29 crore.

HUL’s valuation zoomed 9,757.57 crore to 1,93,543.57 crore and that of ONGC gained 9,453.82 crore to 2,70,054.05 crore.

The market cap of RIL climbed Rs 8,753.65 crore to 2,87,980.29 crore and ITC added 4,649 crore to 2,62,949.12 crore.

Infosys’ valuation moved up by Rs 1,791.61 crore to Rs 2,24,870.88 crore while that of CIL jumped 347.4 crore to 2,29,631.43 crore.

Similarly, the market cap of Sun Pharma rose 192.48 crore to 2,26,217.84 crore.

In contrast, SBI’s m-cap plunged 6,242.13 crore to 1,98,083.32 crore and HDFC Bank shed 1,496.47 crore to 2,46,446.05 crore.

In the ranking of top 10 firms, TCS topped the list followed by RIL, ONGC, ITC, HDFC Bank, CIL, Sun Pharma, Infosys, SBI and HUL.

On a weekly basis, the BSE benchmark Sensex has gained 94.08 points to end at 27,105.39.

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Source: PTI