Mcap of 7 most valued firms surges ₹1.28 trn; RIL, Airtel biggest gainers



The combined market valuation of seven of the top-10 most valued firms surged by Rs 1,28,281.52 crore last week, with Reliance Industries and Bharti Airtel emerging as the biggest gainers, in line with a positive trend in equities.
Last week, the BSE benchmark jumped 669.14 points or 0.79 per cent.
While Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), State Bank of India, Infosys and Hindustan Unilever were the gainers, Bajaj Finance, Life Insurance Corporation of India (LIC) and ICICI Bank faced erosion in their valuation.
The market valuation of Reliance Industries jumped by Rs 36,673 crore to Rs 20,92,052.61 crore.
Bharti Airtel’s valuation surged by Rs 36,579.01 crore to Rs 12,33,279.85 crore.
The valuation of Infosys zoomed by Rs 17,490.03 crore to Rs 6,41,688.83 crore, and that of TCS rallied by Rs 16,299.49 crore to Rs 11,39,715.66 crore.
The market capitalisation (mcap) of HDFC Bank grew by Rs 14,608.22 crore to Rs 15,35,132.56 crore, and t



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *