scorecardresearchMcap of 6 of top 10 most-valued firms fall by ₹83,637.96 crore; TCS biggest

Mcap of 6 of top 10 most-valued firms fall by 83,637.96 crore; TCS biggest laggard

Updated: 11 Jun 2023, 11:33 AM IST
TL;DR.

  • Last week, the BSE benchmark climbed 78.52 points or 0.12 per cent, while the Nifty gained 29.3 points or 0.15 per cent.

The market valuation of TCS tumbled  <span class='webrupee'>₹</span>35,694.04 crore to  <span class='webrupee'>₹</span>11,74,720.15 crore, the most among the top 10 firms.

The market valuation of TCS tumbled 35,694.04 crore to 11,74,720.15 crore, the most among the top 10 firms.

(PTI) Six of the top 10 most-valued firms suffered a combined erosion of 83,637.96 crore in market valuation last week, with Tata Consultancy Services (TCS), Hindustan Unilever and Infosys taking the biggest hit, amid an overall tepid trend in equities.

Last week, the BSE benchmark climbed 78.52 points or 0.12 per cent, while the Nifty gained 29.3 points or 0.15 per cent.

The market valuation of TCS tumbled 35,694.04 crore to 11,74,720.15 crore, the most among the top 10 firms.

Hindustan Unilever's valuation eroded by 18,949.45 crore to 6,19,281.77 crore and that of Infosys fell by 13,549.34 crore to 5,25,374.14 crore.

The market capitalisation (mcap) of State Bank of India went lower by 7,675.16 crore to 5,16,378.05 crore and that of ITC tanked 5,903.31 crore to 5,44,906.44 crore.

Bharti Airtel's mcap declined by 1,866.66 crore to 4,64,396.71 crore.

However, Reliance Industries added 18,233.31 crore taking its market valuation to 16,79,156.42 crore.

The mcap of HDFC Bank jumped 2,459.29 crore to 9,00,181.52 crore and that of HDFC climbed 1,055.33 crore to 4,89,196.37 crore.

The valuation of ICICI Bank advanced 664.9 crore to 6,55,862.83 crore.

Reliance Industries continued to rule the top 10 most-valued firms' chart, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, ITC, Infosys, State Bank of India, HDFC and Bharti Airtel.

 

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First Published: 11 Jun 2023, 11:33 AM IST