scorecardresearchMcap of nine of top-10 most valued firms jumps ₹1.84 lakh crore; Reliance

Mcap of nine of top-10 most valued firms jumps 1.84 lakh crore; Reliance Industries, SBI shine

Updated: 30 Apr 2023, 12:31 PM IST
TL;DR.

  • The valuation of Tata Consultancy Services (TCS) advanced 19,886.94 crore to 11,76,750.92 crore and that of Bharti Airtel gained 18,874.22 crore to 4,45,509.68 crore.

Reliance Industries Limited and State Bank of India emerged as the biggest gainers.

Reliance Industries Limited and State Bank of India emerged as the biggest gainers.

(PTI) Nine of the top-10 most valued firms together added 1,84,225.43 crore in market valuation last week, with Reliance Industries Limited and State Bank of India emerging as the biggest gainers, in an overall bullish equity market trend.

Last week, the BSE benchmark jumped 1,457.38 points or 2.44 per cent.

Hindustan Unilever Limited was the only laggard from the top-10 pack.

The market valuation of Reliance Industries zoomed 48,238.78 crore to 16,37,408.27 crore.

State Bank of India's market capitalisation (mcap) jumped 31,325.39 crore to 5,15,887.19 crore.

The mcap of ICICI Bank rallied 23,472.25 crore to 6,40,949.71 crore and that of ITC climbed 21,003.35 crore to 5,28,377.17 crore.

The valuation of Tata Consultancy Services (TCS) advanced 19,886.94 crore to 11,76,750.92 crore and that of Bharti Airtel gained 18,874.22 crore to 4,45,509.68 crore.

Infosys added 10,447.1 crore taking its market valuation to 5,19,662.10 crore.

HDFC Bank's valuation surged 8,115.33 crore to 9,42,052.68 crore and that of HDFC climbed 2,862.07 crore to 5,09,126.31 crore.

However, the market valuation of Hindustan Unilever declined 10,244.22 crore to 5,76,683.68 crore.

The top-10 firms include Reliance Industries, TCS, HDFC Bank, ICICI Bank, Hindustan Unilever Limited, ITC, Infosys, State Bank of India, HDFC and Bharti Airtel.

 

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First Published: 30 Apr 2023, 12:31 PM IST