scorecardresearchM-cap of five of top 10 valued firms climbs ₹88,605 crore; SBI, ICICI

M-cap of five of top 10 valued firms climbs 88,605 crore; SBI, ICICI Bank biggest gainers

Updated: 05 Mar 2023, 11:27 AM IST
TL;DR.

  • While HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel witnessed gains in their market valuation, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever and ITC were the laggards.

The valuation of State Bank of India jumped  <span class='webrupee'>₹</span>35,832.32 crore to  <span class='webrupee'>₹</span>5,00,759.98 crore, the most among the top-10 firms.

The valuation of State Bank of India jumped 35,832.32 crore to 5,00,759.98 crore, the most among the top-10 firms.

New Delhi, Mar 5 (PTI) Five of the top 10 valued firms together added 88,604.99 crore to their market valuation last week, with State Bank of India and ICICI Bank emerging as the biggest gainers.

While HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel witnessed gains in their market valuation, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever and ITC were the laggards.

Last week, the BSE benchmark climbed 345.04 points or 0.58 per cent.

The valuation of State Bank of India jumped 35,832.32 crore to 5,00,759.98 crore, the most among the top-10 firms.

The market capitalisation (mcap) of ICICI Bank rallied 20,360.13 crore to 6,06,514.71 crore.

HDFC Bank's valuation climbed 15,236.59 crore to 9,01,307.58 crore and that of HDFC advanced 13,051.48 crore to 4,84,417.42 crore.

The mcap of Bharti Airtel rose by 4,124.47 crore to 4,26,158.52 crore.

However, the market valuation of Infosys plunged 30,150.9 crore to 6,22,711.80 crore and that of Tata Consultancy Services tumbled 20,966.36 crore to 12,23,129.40 crore.

The mcap of Hindustan Unilever fell by 3,336.42 crore to 5,80,360.79 crore and that of Reliance Industries dipped 507.03 crore to 16,13,602.63 crore.

ITC's valuation went lower by 24.72 crore to 4,77,886.13 crore.

In the top-10 ranking, Reliance Industries retained the tag of the most-valued firm followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, ITC and Bharti Airtel.

 

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First Published: 05 Mar 2023, 11:27 AM IST