RIL regains Rs 2 trn valuation turf

The country's 10 most valued firms witnessed an addition of over Rs 66,000 crore in market capitalisation last week with Reliance Industries (RIL) regaining the Rs 2 trillion valuation turf. Mukesh Ambani-led RIL remained the numero uno in the elite club of 10 most valued firms by adding Rs 27,077 crore to market capitalisation.

RIL regained the Rs 2 trillion mark after a gap of five weeks after its shares surged 15 per cent on the Bombay Stock Exchange during the week ended January 30. At the end of trade on Friday, the market capitalisation of RIL stood at Rs 2,08,559.98 crore while it was at Rs 1,81,483 crore in the week-ago period.

At the end of Friday's trade, the market cap of top 10 firms, including six public sector units and four private sector companies, witnessed an addition of Rs 66,049.75 crore in their valuation to Rs 10,44,684 crore.

Last week, the market capitalisation of 10 elite companies was Rs 9,78,634 crore.

Power utility NTPC remained the country's most valued PSU with a market capitalisation of Rs 1,56,251 crore. It added Rs 8,328 crore to valuation in a week.

RIL is followed in the coveted top 10 club by NTPC (Rs 1,56,252 crore), ONGC (Rs 1,40,780 crore), Bharti Airtel (Rs 1,29,319 crore), Infosys (Rs 74,758 crore), SBI (Rs 73,151 crore), MMTC (Rs 72,412 crore), ITC (Rs 67,781 crore), NMDC (Rs 66,032 crore) and BHEL (Rs 64,639 crore).