Six of top-10 most valued cos add Rs 74,240 cr in market cap; RIL leads

New Delhi, August 9

The mixed market valuation of six of the highest ten most valued firms rose by Rs 74,240 crore over the last week, with Reliance Industries main the pack.

Six companies, specifically Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ITC and ICICI Bank logged positive factors of their market valuation for the buying and selling week closed on Friday.

On the opposite hand, Hindustan Unilever Ltd (HUL), Infosys, HDFC and Kotak Mahindra Bank suffered losses.  

RIL’s valuation zoomed by Rs 50,556.75 crore to succeed in Rs 13,60,879.96 crore, ICICI Bank’s market capitalisation (m-cap) rose by Rs 7,092.05 crore to Rs 2,31,751.90 crore and HDFC Bank added Rs 6,241.63 crore to face at Rs 5,74,119.37 crore.

Among others, TCS’ m-cap rose by Rs 4,690.48 crore to Rs 8,61,153.53 crore, Bharti Airtel’s valuation went up by Rs 3,136.95 crore to Rs 3,05,838.55 crore and ITC gained Rs 2,522.24 crore to Rs 2,41,182.98 crore.

In distinction, the market capitalisation of Infosys plunged by Rs 6,601.91 crore to Rs 4,04,952.60 crore.

Kotak Mahindra Bank’s valuation got here down by Rs 5,016.44 crore to Rs 2,65,584.08 crore, HDFC’s m-cap fell by Rs 849.96 crore to Rs 3,08,404.13 crore and HUL misplaced Rs 505.15 crore to Rs 5,19,426.78 crore.

During the final week, the benchmark BSE Sensex superior by 433.68 factors or 1.15 per cent.

The chart of top-10 most valued firms was dominated by RIL, adopted by TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank. PTI

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