ALSO READEight of top 10 firms add Rs 62,156 cr to mcap, ITC, HDFC suffer losses TCS was top loser as 10 most valued firms shed Rs 1 trn in m-cap last week Six of 10 most valued cos add Rs 76,383 cr in m-cap; RIL biggest gainer Nine of 10 most valued cos add Rs 666.2 bn in m-cap; TCS biggest gainer 6 of 10 most valued firms lose Rs 13,799 cr in m-cap; HUL, Infy worst hit
Eight of 10 most valued Indian companies together added Rs 586.50 billion (Rs 58,650.26 crore) in their market valuation last week, with IT major TCS witnessing the maximum gain.
From the top-10 list, only Hindustan Unilever (HUL) and Maruti Suzuki India suffered erosion in their market capitalisation (m-cap) for the week ended Friday, while Reliance Industries Ltd (RIL), HDFC Bank, ITC, HDFC, Infosys, ONGC and SBI saw addition.
The m-cap of Tata Consultancy Services (TCS) soared by Rs 267.42 billion (Rs 26,742.6 crore) to Rs 5890.07 billion (Rs 5,89,007.15 crore).
RIL's valuation zoomed Rs 77.9 billion (Rs 7,790.98 crore) to Rs 5916.07 billion (Rs 5,91,607.74 crore) and that of Infosys jumped Rs 67.29 billion (Rs 6,729.43 crore) to Rs 2524.07 billion (Rs 2,52,407.03 crore).
SBI added Rs 37.54 billion (Rs 3,754.95 crore) to Rs 2383.31 billion (Rs 2,38,331.01 crore) and the valuation of ITC rose by Rs 32.92 billion (Rs 3,292.16 crore) to Rs 3280.57 billion (Rs 3,28,057.31 crore).
On the other hand, HUL's m-cap eroded by Rs 63.74 billion (Rs 6,374.39 crore) to Rs 2863.60 billion (Rs 2,86,360.51 crore).
Also, Maruti lost Rs 40.69 billion (Rs 4,069.02 crore) to Rs 2629.69 billion Rs 2,62,969.75 crore.
In the ranking of top-10 firms, RIL stood at number one position followed by TCS, HDFC Bank, ITC, HDFC, HUL, Maruti, Infosys, ONGC and SBI.
Over the past week, the Sensex recorded 131.39 points, or 0.38 per cent gain.