Eight of top 10 firms add Rs 53, 741 cr in m-cap; RIL, TCS biggest gainers

In the ranking of top-10 firms, RIL was at the number one position, followed by TCS, HDFC Bank, and HUL

Eight of top 10 firms add Rs 53, 741 cr in m-cap; RIL, TCS biggest gainers
RIL is the country’s largest producer of polymer, the main raw material required for making plastic items
Press Trust of India New Delhi
Last Updated : Feb 10 2019 | 10:40 AM IST
Eight of the 10 most valued Indian firms together added Rs 53,741.36 crore in market valuation last week, with Reliance Industries Ltd (RIL) and TCS becoming the biggest gainers.
 
Only ITC and HDFC from the top-10 list suffered losses in their market capitalisation (m-cap) for the week ended Friday. Others in the gainers list included HDFC Bank, Hindustan Unilever Ltd (HUL), Infosys, SBI, Kotak Mahindra Bank Ltd and ICICI Bank.
 
RIL's valuation jumped Rs 19,047.69 crore to Rs 8,09,669.50 crore.
 
The market cap of Tata Consultancy Services (TCS) zoomed Rs 12,007.64 crore to Rs 7,74,023.16 crore and that of HDFC Bank advanced by Rs 8,569.51 crore to Rs 5,77,598.58 crore.
 
Kotak Mahindra Bank added Rs 7,144.3 crore to Rs 2,47,151.12 crore and HUL Rs 4,578.23 crore to Rs 3,93,403.30 crore.
 
The valuation of Infosys rose by Rs 1,441.65 crore to Rs 3,31,951.71 crore and that of State Bank of India (SBI) jumped Rs 669.35 crore to Rs 2,54,395.37 crore.
 
ICICI Bank added Rs 282.99 crore to reach Rs 2,28,644.74 crore.
 
On the other hand, ITC's valuation dropped Rs 6,063.49 crore to Rs 3,37,901.54 crore and that of HDFC fell by Rs 2,931.69 crore to Rs 3,34,256.62 crore.
 
In the ranking of top-10 firms, RIL was at the number one position, followed by TCS, HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, Kotak Mahindra Bank and ICICI Bank.
 
Over the last week, the Sensex gained 77.05 points to close at 36,546.48 on Friday.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story