Business
Barring TCS and HUL, rest eight companies, including Reliance Industries Ltd (RIL), ITC, SBI and Maruti Suzuki, saw a rise in their market capitalisation (m-cap) for the week ended Friday.
Updated : Jul 30, 2017, 11:03 AM IST
Eight of the 10 most valued
companies together added Rs 62,997.73 crore to their market
valuations last week, with HDFC and HDFC Bank emerging as the
biggest gainers.
Barring TCS and HUL, rest eight companies, including
Reliance Industries Ltd (RIL), ITC, SBI and Maruti Suzuki, saw
a rise in their market capitalisation (m-cap) for the week
ended Friday.
Among the gainers, HDFC's valuation zoomed Rs 22,650.95
crore to Rs 2,84,140.36 crore.
The m-cap of HDFC Bank jumped Rs 19,579.63 crore to Rs
4,58,002.04 crore while that of State Bank of India (SBI)
soared Rs 7,639.37 crore to Rs 2,58,270.95 crore.
Infosys added Rs 4,123.01 crore to reach Rs 2,29,200.62
crore in market capitalisation and ITC also saw an addition of
Rs 3,344.5 crore to Rs 3,54,212.97 crore.
The m-cap of Maruti went up by Rs 2,850.12 crore to Rs
2,30,243.91 crore and that of RIL rose by Rs 2,617.65 crore to
Rs 5,18,408.04 crore.
ONGC's valuation advanced by Rs 192.5 crore to Rs
2,11,363.38 crore.
In contrast, the m-cap of TCS fell by Rs 1,560.15 crore
to Rs 4,75,269.75 crore and that of Hindustan Unilever Ltd
(HUL) slipped Rs 963.19 crore to Rs 2,49,800.85 crore.
In the ranking of top-10 firms, RIL retained its numero-
uno position, followed by TCS, HDFC Bank, ITC, HDFC, SBI, HUL,
Maruti, Infosys and ONGC.
Last week, the Sensex climbed 280.99 points, or 0.87 per
cent, while the Nifty gained 99.25 points, or 1 per cent.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)