Eight of top 10 firms add Rs 54,968 cr in mcap

The combined market valuation of

eight of the 10 most valued firms surged by Rs 54,968.17 crore

last week, with ITC and HUL emerging as the biggest gainers.

Infosys and State Bank of India (SBI) however suffered

losses in their market capitalisation (m-cap) for the week

ended Friday.

The rest eight firms including RIL, Tata Consultancy

Services (TCS) and HDFC Bank saw addition to their m-cap.

The valuation of ITC soared Rs 12,559.75 crore, to reach

Rs 3,43,120.21 crore.

HUL's m-cap jumped Rs 10,140.52 crore to Rs 2,59,670.81

crore and that of Reliance Industries Ltd (RIL) advanced by Rs

9,381.74 crore to Rs 5,12,304.52 crore.

IOC, the new entrant in the top-10 list, added Rs

7,042.02 crore to Rs 2,07,250.02 crore in its market

valuation.

The m-cap of HDFC soared Rs 6,579.77 crore to Rs

2,76,439.84 crore and that of Maruti Suzuki India surged Rs

5,050.78 crore to Rs 2,30,186.52 crore.

TCS' valuation went up by Rs 3,608.43 crore to Rs

4,81,031.76 crore and that of HDFC Bank rose by Rs 605.16

crore to Rs 4,51,602.81 crore.

On the other hand, Infosys saw its m-cap erode by Rs

14,847.69 crore to Rs 2,12,033.02 crore.

Shares of Infosys had on Friday ended sharply lower by

nearly 10 per cent after Vishal Sikka, the first non-founder

CEO of the company, called it quits.

SBI's valuation slumped Rs 1,726.41 crore to Rs

2,40,532.08 crore.

RIL continued to rule the top-10 m-cap chart followed by

TCS, HDFC Bank, ITC, HDFC, Hindustan Unilever Ltd, SBI,

Maruti, Infosys and IOC.

Over the last week, the BSE's 30-share benchmark recorded

gains of 311.09 points, or 0.99 per cent.

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