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Five of top-10 valued firms add Rs 62,508 crore to market valuation

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NEW DELHI: Five of the top 10 most valued companies added Rs 62,508.32 crore to their total market valuation last week, with Reliance Industries emerging as the biggest winner.
Hindustan Unilever Limited, HDFC, State Bank of India and Bharti airtel were the other winners, while Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank and Bajaj Finance took a hit in their market valuation.
The market capitalization (mcap) of Reliance Industries jumped Rs 23,582.73 crore to reach Rs 15,37,600.23 crore at the close of Thursday, making it the biggest winner among the top 10 companies.
Bharti Airtel’s valuation increased by Rs 15,377.67 crore to Rs 3,76,917.83 crore and that of HDFC by Rs 12,836.43 crore to Rs 5,11,126.48 crore.
Hindustan Unilever’s valuation increased by Rs 9,997.52 crore to Rs 6,59,941.45 crore and that of State Bank of India by Rs 713.97 crore to Rs 3,85,721.71 crore.
In contrast, the valuation of Tata Consultancy Services fell 18,347.3 crore to 14,02,587.80 crore.
Bajaj Finance’s market capitalization dropped Rs 5,824.68 crore to Rs 4,48,383.08 crore. HDFC Bank’s valuation eroded by Rs 4,429.22 crore to Rs 8,67,933.20 crore and that of Infosys dropped Rs 3,605.59 crore to Rs 7,17,639.19 crore.
The valuation of ICICI Bank decreased Rs 3,013.49 crore to Rs 4,99,218.97 crore.
In the ranking of the top 10 companies, Reliance Industries Limited led the table followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Bajaj Finance, State Bank of India and Bharti Airtel.
Over the past week, the 30-share BSE benchmark index rose 175.12 points, or 0.30 percent.





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