Market capitalization of Top Eight entities zooms by Rs 81,251 crore

May 09 2021 11:25 AM
Market capitalization of Top Eight entities zooms by Rs 81,251 crore

Eight of the top-ten-most-valued companies together added Rs 81,250.83 crore in market capitalization/ valuation (M-Cap) last week, with TCS emerging as the biggest gainer. Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday.

The M-Cap of Tata Consultancy Services (TCS) jumped Rs 34,623.12 crore to reach Rs 11,58,542.89 crore, while 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 valuation 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 MCap  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.

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.

 

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