Home World Business Six of 10 most valued firms add Rs 1 trillion in m-cap;...

Six of 10 most valued firms add Rs 1 trillion in m-cap; TCS biggest gainer

SHARE

Sensex recorded a rise of 919.19 points, or 2.65% while Nifty gained 213.45 points, or 1.99%, in the past week

The cumulative market valuation of six of the 10 most valued firms advanced by Rs 1,073.7 billion (Rs 1,07,370.4 crore) last week, helped by robust gains in TCS, and Bank. The (m-cap) of (TCS) zoomed Rs 348.1 billion (Rs 34,811.32 crore) to Rs 5,656.24 billion (Rs 5,65,624.13 crore), emerging as the biggest gainer among the top-10 firms. HDFC’s m-cap soared Rs 222 .38 billion (Rs 22,238.48 crore) to Rs 3,036 billion (Rs 3,03,614.28 crore) and that of Bank surged Rs 221.5 billion (Rs 22,158.51 crore) to Rs 5,053 billion (Rs 5,05,384.92 crore). The valuation of advanced by Rs 141.63 billion (Rs 14,162.91 crore) to Rs 2,496.8 billion (Rs 2,49,680.06 crore) and that of ITC jumped Rs 77.4 billion (Rs 7,740.94 crore) to Rs 3,338.36 billion (3,33,835.66 crore). SBI added Rs 62.58 billion (Rs 6,258.24 crore) to its m-cap to reach Rs 2,667.74 billion (Rs 2,66,773.62 crore). On the other hand, the market cap of (RIL) slumped Rs 109.82 billion (Rs 10,981.64 crore) to Rs 6,886.43 billion (Rs 5,88,642.81 crore) and that of dived Rs 85.34 billion (Rs 8,534.1 crore) to Rs 2,484.51 billion (Rs 2,48,451.43 crore). Suzuki India lost Rs 41.97 billion (Rs 4,197.4 crore) to Rs 2,815.79 billion (Rs 2,81,579.40 crore) and (HUL) saw an erosion of Rs 21.97 billion (Rs 2,196.94 crore) to Rs 2,949.21 billion (Rs 2,94,921.03 crore). The Sensex recorded a rise of 919.19 points, or 2.65 per cent while the Nifty gained 213.45 points, or 1.99 per cent, in the past week. In the ranking of top-10 firms, RIL stood at number one position, followed by TCS, Bank, ITC, HDFC, HUL, Maruti, SBI, Infosysand

First Published: Sun, January 21 2018. 11:18 IST

LEAVE A REPLY

Please enter your comment!
Please enter your name here