Nine of top -10 country’s most valued firms added nearly Rs 49,000 crore last week with the exception of power equipment maker BHEL.
The country’s most valued firm Reliance Industries added a whooping Rs 13,195.61 crore to its market capitalisation (m—cap), taking the total valuation to Rs 3,57,924.99 crore for the week ended December 5.
Shares of RIL surged nearly four per cent to close at Rs 1,089.05 on the Bombay Stock Exchange at the end of Friday’s trade.
Next comes ONGC that added Rs 2,737.76 crore and then power producer NTPC whose valuation rose by Rs 1,401.73 crore.
ONGC’s market valuation stood at Rs 2,52,600.55 crore while NTPC’s at Rs 1,72,866.07 crore.
Trading behemoth MMTC added Rs 214 crore to its market capitalisation. At the end of the review period MMTC’s total valuation was Rs 1,70,271.25 crore.
Iron ore miner NMDC saw its m—cap surge by Rs 8,107.81 crore with its total valuation at Rs 1,64,594.52 crore.
The country’s largest public sector lender SBI appears next on the list. It added Rs 5,406 crore and at the end of the week its market capitalisation stood at Rs 1,47,777.84 crore.
IT bellwether Infosys Technologies’ m—cap grew by Rs 3,110.26 crore at Rs 1,36,596.36 crore.
Top outsourcing firm TCS’ m—cap rose by Rs 4,677.71 crore to take its total market valuation to Rs 1,36,123.26 crore.
Private telecom services provider Bharti Airtel inched up after adding Rs 9,947.72 crore to its m—cap, while power equipment maker BHEL slipped to the 10th slot after losing Rs 930.08 crore.
Airtel saw its m—cap surge to Rs 1,17,645.09 crore and BHEL to Rs 1,08,127.63 crore.
The 30—share index Sensex in the past week surged nearly 3 per cent or 469.53 points to close at 17,101.54 points on the Bombay Stock Exchange (BSE) at the end of the Friday’s trade.
RIL numero—uno in the list is followed by ONGC (Rs 2,52,600.55 crore), NTPC (Rs 1,72,866.07 crore), MMTC (Rs 1,70,271.25 crore), NMDC (Rs 1,64,594.52), SBI (Rs 1,47,777.84 crore), Infosys Technologies (Rs 1,36,596.36 crore), TCS (Rs 1,36,123.26 crore), Airtel (Rs 1,17,645.09 crore) and BHEL (Rs 1,08,127.63) in that order.