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Five Star Performance: Five Of India’s Top 10 Most Valued Companies Add Rs 42,513 Crore In Market Cap In One Week
Indian stock traders watch share prices on their terminals. (INDRANIL MUKHERJEE/AFP/Getty Images)
Five of the ten most valued Indian companies together added Rs 42,513.94 crore in market valuation last week, with the list being topped by State Bank of India, reports Press Trust of India.
Companies like HUL, ITC, Infosys and Maruti Suzuki also saw a growth in their valuation, whereas Tata Consultancy Services (TCS), Reliance Industries Limited, HDFC Bank, Kotak Mahindra Bank closed with losses for the trading week.
The market capitalisation of SBI rose by Rs 12,271.31 crore to reach Rs 2,58,054.45 crore, and that of Infosys spiked Rs 10,724.92 crore to Rs 3,08,248.78 crore.
Market cap of Maruti Suzuki soared Rs 10,270.73 crore to Rs 2,31,215.10 crore and Hindustan Unilever (HUL) added Rs 7,348.99 crore to its market cap to reach Rs 4,01,932.02 crore.
The valuation of ITC stood at Rs 3,37,535.08 crore, with a rise of Rs 1,897.99 crore, while Reliance Industries Ltd (RIL) saw its valuation slump by Rs 13,627.91 crore to Rs 7,04,689.61 crore.
TCS stood at Rs 7,46,443.13 crore, with a loss of Rs 2,514.10 crore. The market cap of HDFC dived Rs 8,268.88 crore to Rs 3,27,342.66 crore
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