Udayavni Special

Six of 10 most valued cos add Rs 50,580 cr in m-cap; SBI, ICICI Bank lead


PTI, Sep 15, 2019, 12:13 PM IST

New Delhi: Six of the 10 most valued domestic companies together added Rs 50,580.35 crore in market valuation last week, with banking majors SBI and ICICI Bank emerging as the lead gainers.

While RIL, HDFC Bank, HDFC and Kotak Mahindra Bank were the other winners, Tata Consultancy Services Ltd (TCS), HUL, Infosys and ITC suffered losses in their market capitalisation (m-cap) for the week ended Friday.

The market cap of State Bank of India (SBI) zoomed Rs 15,841.19 crore to Rs 2,60,330.92 crore.

ICICI Bank’s valuation jumped Rs 14,062.37 crore to Rs 2,66,874.13 crore.

The m-cap of Kotak Mahindra Bank climbed Rs 8,011.67 crore to Rs 2,83,330.41 crore and that of HDFC rallied Rs 7,695.41 crore to Rs 3,60,062.95 crore.

HDFC Bank’s valuation rose by Rs 3,036.27 crore to Rs 6,17,170.55 crore and that of Reliance Industries Ltd (RIL) increased Rs 1,933.44 crore to stand at Rs 7,76,891.25 crore.

In contrast, the market cap of TCS dropped Rs 21,125.9 crore to Rs 8,03,516.90 crore.

ITC’s valuation declined by Rs 4,914 crore to Rs 2,94,778.17 crore and that of Infosys fell by Rs 4,724.55 crore to Rs 3,56,123.44 crore.

The m-cap of Hindustan Unilever Limited (HUL) went down by Rs 2,998.26 crore to Rs 3,90,705.28 crore.

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

During the last week, the Sensex advanced 403.22 points or 1.09 per cent.

Top News

India far away from COVID-19 peak: Govt

Jessica Lal Murder case convict Manu Sharma freed from jail

Adesh Kumar Gupta replaces Manoj Tiwari as Delhi BJP President

Chitradurga: Sriramulu receives grand welcome amid lockdown, social distancing norm goes for a toss

Praying for everyone’s well-being, tweets PM as Cyclone”Nisarga” nears Mumbai, Gujarat

BSY asks top district officials to work from taluks to check COVID-19

‘210 people test positive for COVID-19 in Udupi today’

Related Articles More

Paytm claims telecom firms not preventing “phishing” ; HC seeks Centre, Trai response

World’s new billionaire emerges from Asia’s costliest divorce

Google helps place ads on sites that publish Covid-19 conspiracies

Tata Group ties up with Sree Chitra Tirunal Institute for production of testing kits

BMW India resumes operations in Chennai plant with 50 pc workforce

MUST WATCH

Tragedy and chaos: Former MIA director recalls Mangalore Air Crash

Lockdown relaxation: Long queues outside liquor stores in Mangaluru

Indian Coast Guard thank Covid-19 warriors

#WeFeed – Feeding stray animals during lockdown!

Mysuru-origin doctor honoured with parade for her service in treating COVID-19 patients in US

Latest Additions

India far away from COVID-19 peak: Govt

Cambridge researchers train robot to make omelettes

Chardham yatra to begin on limited scale from June 8

Majority of Indians willing to take personal loans to tide over COVID-19 crisis: Survey

Vande Bharat mission: CIAL has received about 10,000 evacuees

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.