Wealth of 6 big companies of country increases by 1 lakh crore, See list here

Jul 13 2020 12:02 PM
Wealth of 6 big companies of country increases by 1 lakh crore, See list here

Mumbai: Investor wealth of six of the country's top 10 companies increased by about Rs 1,03,625.35 crore. In the past week, there has been a similar increase in the market capitalization of these companies. Reliance Industries (RIL), HDFC Bank, Tata Consultancy Services (TCS), Hindustan Unilever, Infosys have benefited from the market boom. The market capitalization of Bharti Airtel, Kotak Mahindra Bank, ITC, and ICICI Bank has decreased.

Capitalization of the country's largest company Reliance Industries (RIL) has increased to Rs 11,90,857.13 crore with an increase of Rs 57,688.58.6 crore. The market capital of HDFC Bank, the largest private bank, has increased by Rs 17,102.22 crore to Rs 6,06,867.94 crore. Hindustan Unilever (HUL) of FMCG giant valuation has increased by Rs 14,614.2 crore to Rs 5,06,198.81 crore. Tata Consultancy Services (TCS), the big IT company, has recorded an increase of Rs 8,499.15 crore in market cap, after which it has reached Rs 8,33,648.55 crore. The market capital of Infosys, the second-largest IT company, increased by Rs 8,177.58 crore to Rs 3,32,980.71 crore. However, ITC's market cap of FMCG sector has fallen by Rs 16,041.36 crore to Rs 2,38,838.05 crore.

The market capitalization of top telecom company Bharti Airtel declined by Rs 3,491.56 crore to Rs 3,13,530.88 crore. The capitalization of private bank Kotak Mahindra Bank has come down from Rs 791.52 crore to Rs 2,67,039.65 crore. The market cap of another private lender, ICICI Bank, declined by Rs 420.94 crore to Rs 2,33,361.95 crore. On the basis of market capitalization, Reliance Industries occupies the first place. Tata Consultancy Services is second and HDFC Bank is at number three. Hindustan Unilever and Infosys are named fourth and fifth respectively. HDFC has been ranked sixth and Bharti Airtel has been ranked seventh.

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