scorecardresearchEight of top-10 firms add ₹42,173 crore in market-cap; ICICI Bank, Infosys biggest gainers

Eight of top-10 firms add 42,173 crore in market-cap; ICICI Bank, Infosys biggest gainers

Updated: 21 Nov 2022, 08:11 AM IST
TL;DR.
Barring Reliance Industries and Hindustan Unilever Limited, rest eight firms, including HDFC Bank, ICICI Bank, State Bank of India and HDFC, made gains in their valuation.
The highest growth — both in percentage and absolute terms — was during Q3FY22, when both the Nifty50 and Sensex had hit their lifetime highs

The highest growth — both in percentage and absolute terms — was during Q3FY22, when both the Nifty50 and Sensex had hit their lifetime highs

(PTI) Eight of the 10 most valued firms together added 42,173.42 crore in market valuation last week, with ICICI Bank, Infosys and TCS emerging as the biggest gainers.

Barring Reliance Industries and Hindustan Unilever Limited, rest eight firms, including HDFC Bank, ICICI Bank, State Bank of India and HDFC, made gains in their valuation.

Last week, the BSE benchmark Sensex dipped 131.56 points or 0.21 per cent.

The market valuation of ICICI Bank jumped 9,706.86 crore to stand at 6,41,898.91 crore.

Infosys added 9,614.89 crore to reach 6,70,264.99 crore. The valuation of Tata Consultancy Services (TCS) climbed 9,403.76 crore to 12,22,781.79 crore.

The market capitalisation (mcap) of Bharti Airtel advanced 5,869.21 crore to 4,65,642.49 crore and that of HDFC increased 3,415.33 crore to 4,85,234.16 crore.

HDFC Bank's mcap climbed 1,508.95 crore to 8,99,489.20 crore and that of State Bank of India (SBI) grew by 1,383.32 crore to 5,37,841.73 crore.

Adani Enterprises' valuation advanced 1,271.1 crore to 4,58,263.35 crore.

However, the market valuation of Reliance Industries tanked 22,866.5 crore to 17,57,339.72 crore and that of Hindustan Unilever declined by 4,757.92 crore to 5,83,462.25 crore.

In the ranking of top-10 firms, Reliance Industries retained the title of the most valued Indian company, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, SBI, HDFC, Bharti Airtel and Adani Enterprises.

First Published: 21 Nov 2022, 08:11 AM IST