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Seven of 10 most valued cos add Rs 47,499 cr in m-cap


PTI 12 Aug 2018, 04:46 AM India

New Delhi, Aug 12 (PTI) Seven of the 10 most valued companies together added Rs 47,498.74 crore in market capitalization last week, with RIL topping the chart.

The gainer's list comprised Tata Consultancy Services (TCS), RIL, HDFC Bank, ITC, HDFC, Infosys, and SBI, while Hindustan Unilever Ltd (HUL), Maruti Suzuki India and Kotak Mahindra Bank suffered losses in their m-cap for the week ended Friday.

The market capitalization (m-cap) of Reliance Industries Limited (RIL) jumped Rs 17,270.09 crore to Rs 7,63,053.04 crore.

The m-cap of HDFC Bank zoomed Rs 12,597.94 crore to Rs 5,73,232.26 crore and that of TCS surged Rs 6,317.15 crore to Rs 7,63,360.46 crore.

State Bank of India (SBI) added Rs 5,220.89 crore to its m-cap to reach Rs 2,71,709.07 crore while Infosys saw a gain of Rs 4,608.51 crore to Rs 3,02,545.31 crore.

The market cap of ITC went up by Rs 1,306.69 crore to Rs 3,72,459.79 crore and that of HDFC rose by Rs 177.47 crore to Rs 3,33,892.33 crore.

On the other hand, Kotak Mahindra Bank's valuation slumped Rs 4,270.16 crore to Rs 2,45,305.58 crore and that of HUL declined Rs 2,326.98 crore to Rs 3,78,529.51 crore.

Maruti's m-cap dipped Rs 1,117.69 crore to Rs 2,76,444.04 crore.

In the ranking of top-10 firms, TCS was at the number one spot, followed by RIL, HDFC Bank, HUL, ITC, HDFC, Infosys, Maruti, SBI and Kotak Mahindra Bank.

Over the last week, the BSE Sensex recorded a rise of 313.07 points, or 0.83 percent, to end at 37,869.23.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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