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Eight of top 10 cos add Rs 93,225 cr in m-cap, ITC shines

Barring SBI and ONGC, rest eight companies, including HDFC Bank and TCS, saw addition to their market capitalisation (m-cap) for the week ended Friday.

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The combined market valuation of

eight of the 10 most valued Indian companies rose by a

whopping Rs 93,225.53 crore last week, with ITC stealing the

show with maximum gains.

Barring SBI and ONGC, rest eight companies, including

HDFC Bank and TCS, saw addition to their market capitalisation

(m-cap) for the week ended Friday.

The market valuation of ITC soared Rs 27,635.3 crore to

Rs 3,74,928.98 crore, emerging as the biggest gainer among the

top-10 entities.

HDFC Bank's m-cap zoomed Rs 16,864.28 crore to Rs

4,16,977.28 crore and that of TCS advanced by Rs 14,285.6

crore to Rs 5,08,232.48 crore.

The valuation of Infosys climbed Rs 8,797.3 crore to Rs

2,28,821.63 crore, while that of Maruti Suzuki India surged Rs

8,624.8 crore to Rs 2,13,671.80 crore.

HUL's m-cap jumped by Rs 7,174.82 crore to Rs 2,25,243.87

crore.

RIL saw its m-cap zoom by Rs 5,624.98 crore to Rs

4,34,326.63 crore and HDFC added Rs 4,218.45 crore to Rs

2,45,933.42 crore.

On the other hand, SBI's valuation slumped Rs 15,976.42

crore to Rs 2,33,928.83 crore and that of ONGC declined by Rs

5389.96 crore to Rs 2,25,608.27 crore.

In the ranking of top-10 firms, TCS commanded the

numero-uno position, followed by RIL, HDFC Bank, ITC, HDFC,

SBI, Infosys, ONGC, HUL and Maruti.

Markets finished the week at lifetime highs, with the

Sensex breaching the 31,000-mark and the Nifty closing a tad

below 9,600.

It was the third straight week of gains for the key

indices. The Sensex rose by 563.29 points, or 1.84 per cent,

while the Nifty finished the past week 167.20 points, or 1.77

per cent higher.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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