te Six of top-10 firms add Rs 99,994 cr in m-cap; TCS leads | Zee Business

Six of top-10 firms add Rs 99,994 cr in m-cap; TCS leads

The market cap of HDFC climbed Rs 9,538.27 crore to Rs 3,75,774.07 crore and that of Hindustan Unilever Ltd (HUL) advanced Rs 7,799.37 crore to Rs 3,86,449.46 crore.

Six of top-10 firms add Rs 99,994 cr in m-cap; TCS leads
The valuation of TCS zoomed by Rs 55,235.1?crore to reach Rs 8,24,342.63 crore, Photo: Reuters

Six of the 10 most valued Indian companies together added Rs 99,994.06 crore in market valuation last week, with Tata Consultancy Services (TCS) topping the list.
HDFC Bank, HUL, HDFC, Infosys and Kotak Mahindra Bank were also on the gainers' side, while Reliance Industries Ltd (RIL), ITC, SBI and ICICI Bank suffered losses in market capitalisation (m-cap) for the week ended Friday.

The valuation of TCS zoomed by Rs 55,235.1?crore to reach Rs 8,24,342.63 crore.

HDFC Bank's m-cap advanced Rs 14,333.73?crore to Rs 6,60,795.95 crore and that of Infosys jumped Rs 11,970.87 crore to Rs 3,21,924.71 crore.

TRENDING NOW

The market cap of HDFC climbed Rs 9,538.27 crore to Rs 3,75,774.07 crore and that of Hindustan Unilever Ltd (HUL) advanced Rs 7,799.37 crore to Rs 3,86,449.46 crore.

Kotak Mahindra Bank's valuation rose by Rs 1,116.72?crore to Rs 2,90,098.18 crore.

In contrast, the m-cap of ITC dropped Rs 14,097.4?crore to Rs 3,41,586.77 crore and that of ICICI Bank dived Rs 5,197.06 crore to Rs 2,73,072.28 crore.

RIL's valuation tumbled Rs 4,452.13 crore to Rs 8,42,933.64 crore and that of State Bank of India (SBI) declined Rs 1,829.54 crore to Rs 3,14,637.18 crore.

In the ranking of top-10 firms, RIL retained the number one position, followed by TCS, HDFC Bank, HUL, HDFC, ITC, Infosys, SBI, Kotak Mahindra Bank and ICICI Bank.

On a weekly basis, the Sensex gained 279.4 points to close at 39,714.20 on Friday. 

Written By: PTI
Updated: Sun, Jun 02, 2019
12:20 pm
New Delhi, PTI
RELATED NEWS
Dividend stock: TCS shares to trade ex-date on Friday Dividend stock: TCS shares to trade ex-date on Friday
Q3 Review: Are HCLTech and Wipro better bets as compared to Infosys and TCS? Q3 Review: Are HCLTech and Wipro better bets as compared to Infosys and TCS?
TCS announces 1800% special dividend: What is special dividend and how it is different from traditional dividend? TCS announces 1800% special dividend: What is special dividend and how it is different from traditional dividend?
Nifty IT index soars to new 52-week high after in-line results by IT majors Nifty IT index soars to new 52-week high after in-line results by IT majors
TCS stock gains over 3% after positive margin expansion in Q3; global brokerages divided TCS stock gains over 3% after positive margin expansion in Q3; global brokerages divided

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x