M-cap of eight of top-10 most-valued companies rises by Rs 81,250.83 cr

Eight of the top-10 most-valued companies together added Rs 81,250.83 crore in market valuation last week, with Tata Consultancy Services emerging as the biggest gainer.

Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday.

Rest eight companies -- Tata Consultancy Services, HDFC Bank, Hindustan Unilever Ltd, HDFC, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India -- emerged as gainers.

The market valuation of Tata Consultancy Services (TCS) jumped Rs 34,623.12 crore to reach Rs 11,58,542.89 crore.

Hindustan Unilever Ltd added Rs 13,897.69 crore to take its valuation to Rs 5,66,950.71 crore.

The valuation of HDFC gained Rs 13,728.03 crore to Rs 4,50,310.13 crore and that of Kotak Mahindra Bank rallied Rs 6,213.06 crore to Rs 3,52,756.84 crore.

ICICI Bank''s market capitalisation (m-cap) zoomed Rs 4,428.5 crore to Rs 4,19,776.85 crore and that of State Bank of India jumped Rs 4,239.2 crore to Rs 3,19,679.59 crore.

The valuation of Bajaj Finance Ltd gained Rs 2,797.59 crore to Rs 3,31,436.67 crore and HDFC Bank witnessed an addition of Rs 1,323.64 to Rs 7,80,174.61 crore.

In contrast, the valuation of Reliance Industries tumbled Rs 40,033.57 crore to Rs 12,24,336.42 crore and that of Infosys declined by Rs 639.11 crore to Rs 5,76,228.85 crore.

During the last week, the 30-share BSE benchmark gained 424.11 points or 0.86 per cent.

Reliance Industries was leading the top-10 most-valued companies list followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India. PTI SUM HRS hrs



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel