Eight of top-10 firms add Rs 80,943 crore in m-cap

SUMMARY

Eight of the 10 most valued domestic companies together added Rs 80,943.32 crore in market capitalisation last week, with RIL taking the pole position. In the top-10 ranking, RIL was placed at the numero uno position, followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank , ITC, ICICI Bank and Bajaj Finance.

By PTIOct 13, 2019 2:54:08 PM IST (Published)

OnlyTata Consultancy Services(TCS) andITCfrom the top-10 pack suffered losses in their market capitalisation (m-cap) for the week ended October 11.

The m-cap ofReliance Industries (RIL) zoomed Rs 28,494.36 crore to Rs 8,57,303.03 crore, the most among the frontline entities. REUTERS/Amit Dave/File Photo

The valuation of Hindustan Unilever (HUL) jumped Rs 13,216.18 crore to Rs 4,33,990.70 crore and that of Infosys climbed Rs 9,642.37 crore to Rs 3,50,346.61 crore.

The market cap of ICICI Bank advanced Rs 9,471.91 crore to Rs 2,76,737.23 crore and that of HDFC rose by Rs 5,723.98 crore to Rs 3,47,073.31 crore.

Likewise, HDFC Bank added Rs 5,251.94 crore to its valuation to reach Rs 6,55,698.41 crore, while Kotak Mahindra Bank's m-cap soared Rs 4,918.32 crore to Rs 3,03,331.59 crore.

Bajaj Finance's valuation went up by Rs 4,224.26 crore to Rs 2,30,533.63 crore.

In contrast, the m-cap of TCS dropped Rs 34,371.9 crore to Rs 7,45,617.60 crore and that of ITC tumbled Rs 16,156.7 crore to Rs 2,99,913.23 crore.