New Delhi: The market capitalization (M-cap) of eight of the country’s 10 most valuable companies increased by a combined Rs 1,39,566.52 crore last week. Reliance Industries (RIL), TCS, and Infosys were the biggest gainers in this.
The BSE Sensex gained 882.40 points, or 1.74 percent, on a weekly basis. Only two companies, Hindustan Unilever and Bajaj Finance, saw a decline in market capitalization during the week ended on Friday.
RIL’s market cap increased the most
Among the profitable companies, the market valuation of Reliance Industries jumped 59,590.77 points to reach Rs 13,28,049.94 crore. The m-cap of Tata Consultancy Services increased by Rs 23,562.96 crore to Rs 11,63,018.74 crore while that of Infosys increased by Rs 21,395.27 crore to Rs 5,98,604.10 crore. Will be able to invest, will earn big money, know how?
The market capitalization of the public sector State Bank of India increased by Rs 18,697.06 crore to Rs 3,76,663.23 crore. At the same time, Kotak Mahindra Bank’s MCAP increased by Rs 8,435.06 crore to Rs 3,56,849.67 crore. HDFC’s market capitalization rose by Rs 4,555.41 crore to Rs 4,58,418.62 crore and HDFC Bank’s MCAP increased by Rs 2,721.71 crore to Rs 8,28,341.24 crore.
The market capitalization of ICICI Bank increased by Rs 608.28 crore to Rs 4,45,171.34 crore in the week under review. On the other hand, Hindustan Unilever’s MCAP declined by Rs 8,904.94 crore to Rs 5,45,762.50 crore and market capitalization of Bajaj Finance decreased by Rs 1,282.63 crore to Rs 3,38,589.27 crore.
Reliance Industries leads the top 10 list
Reliance Industries was the most valuable company in the country. It was followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Bajaj Finance respectively.