Six of top-10 most valued firms add ₹31,249 cr in market capitalisation

November 19, 2017 06:42 pm | Updated 06:42 pm IST - New Delhi

The combined market valuation of 6 of the top-10 most valued companies, led by Reliance Industries Ltd (RIL), rose by ₹31,249.36 crore last week.

RIL, Tata Consultancy Services (TCS), HDFC Bank, SBI, Maruti Suzuki India and Infosys emerged as gainers from the top 10 list, while ITC, Hindustan Unilever Ltd (HUL), HDFC and ONGC suffered losses in their market capitalisation (m- cap) for the week ended Friday.

The m-cap of RIL surged ₹16,592.63 crore to ₹5,76,118.96 crore, becoming the biggest gainer.

Maruti’s valuation surged ₹5,309.06 crore to ₹2,51,955.92 crore and that of State Bank of India (SBI) rallied by ₹3,625.57 crore to ₹2,91,245.49 crore.

The m-cap of Infosys rose by ₹2,377.39 crore to ₹2,23,026.56 crore and that of HDFC Bank went up by ₹2,042.99 crore to ₹4,72,497.75 crore.

TCS’s valuation moved up by ₹1,301.72 crore to ₹5,18,791.08 crore.

On the other hand, the m-cap of ONGC slumped ₹17,068.21 crore to ₹2,27,789.92 crore.

ITC’s m-cap dropped by ₹4,630.5 crore to ₹3,13,837.87 crore and that of HUL declined by ₹629.84 crore to ₹2,76,750.23 crore.

The market cap of HDFC slipped ₹940.99 crore to ₹2,71,461.32 crore.

In the ranking of top-10 firms, RIL led the chart followed by TCS, HDFC Bank, ITC, SBI, HUL, HDFC, Maruti, ONGC and Infosys.

Over the last week, the Sensex eked out gains of 28.24 points, or 0.08 per cent, but Nifty dropped 38.15 points, or 0.36 per cent.

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