scorecardresearchMcap of eight of top 10 valued firms soars ₹1.26 lakh cr; Reliance, HUL

Mcap of eight of top 10 valued firms soars 1.26 lakh cr; Reliance, HUL shines

Updated: 15 May 2023, 08:59 AM IST
TL;DR.

The market valuation of Reliance Industries jumped 28,956.79 crore to 16,80,644.12 crore. Hindustan Unilever's valuation rallied 28,759 crore to 6,16,391.77 crore

The market valuation of Reliance Industries jumped  <span class='webrupee'>₹</span>28,956.79 crore to  <span class='webrupee'>₹</span>16,80,644.12 crore.

The market valuation of Reliance Industries jumped 28,956.79 crore to 16,80,644.12 crore.

(PTI) Eight of the top 10 valued firms together added 1,26,579.48 crore in market valuation last week, with Reliance Industries and Hindustan Unilever Ltd emerging as the biggest gainers.

Last week, the BSE benchmark jumped 973.61 points or 1.59 per cent.

Only ITC and Infosys faced erosion in their valuation, while Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC and Bharti Airtel were the gainers.

The market valuation of Reliance Industries jumped 28,956.79 crore to 16,80,644.12 crore.

Hindustan Unilever's valuation rallied 28,759 crore to 6,16,391.77 crore.

The market capitalisation (mcap) of HDFC Bank climbed 23,590.05 crore to 9,31,095.12 crore and that of TCS zoomed 15,697.33 crore to 11,97,881.94 crore.

The mcap of HDFC surged 13,893.03 crore to 5,09,434.44 crore and that of ICICI Bank soared 11,946.89 crore to 6,59,479.70 crore.

Bharti Airtel's valuation moved up by 2,174.58 crore to 4,41,327.80 crore and that of State Bank of India gained 1,561.81 crore to 5,15,931.82 crore.

However, the mcap of ITC tumbled 10,439.53 crore to 5,22,536.01 crore and that of Infosys dived 5,600.92 crore to 5,16,757.92 crore.

In the ranking of top 10 firms, Reliance Industries remained the number one firm, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, ITC, Infosys, State Bank of India, HDFC and Bharti Airtel.
 

First Published: 15 May 2023, 08:59 AM IST