Top 10 cos add Rs 33k cr last week; RIL leads pack

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 8:02 PM IST

The country's most valued firms added over Rs 33,000 crore to their market capitalisation last week, although heavy-weights like State Bank of India (SBI) and BHEL suffered heavy losses in the premier club of top-10.
 
SBI, the country's largest lender, lost Rs 314 crore, from its market capitalisation previous week. At the end of trade on Thursday, SBI's valuation stood at Rs 72,402 crore.

The rejig in the elite club saw BHEL moving down to the seventh spot after losing Rs 1,694 crore. Shares of BHEL dropped 2.25 per cent on the Bombay Stock Exchange taking its total valuation down to Rs 73,293 crore.

The top-10 firms, comprising four private and six public sector entities, added Rs 33,416 crore to their valuation last week, taking the total market cap of the elite club to Rs 11,913,76 crore.

In the previous week, the valuation of the club was at Rs 11,57,958 crore.

The gains in the premier club of top-10 was led by country's most valued firm Reliance Industries which gained Rs 11,103 crore, accounting for a third of the total gains.

At the end of trade on Thursday, Mukesh Ambani-led RIL was valued at Rs 2,72,747 crore.

Two state-run companies -- oil major Oil and Natural Gas Corporation and power utility NTPC-- added Rs 3,112 crore and Rs 8,658 crore, respectively, to their valuation last week.

At the end of Thursday's trade, ONGC remained the most valued PSU firm with a market cap of Rs 1,89,279 crore. Besides, NTPC's valuation stood at Rs 1,60,127 crore.

The rejig in the premier club saw trading firm MMTC moving up to the sixth place, replacing power equipment maker BHEL, after gaining Rs 3,163 crore.

Telecom services provider Bharti Airtel and IT bellwether Infosys Technologies added Rs 5,657 crore and Rs 347 crore, respectively, to their market cap last week.

Diversified conglomerate ITC gained Rs 868 crore and mining giant NMDC added Rs 2,516 crore to its valuation in the week under review.

Apart from the top 10 most valued firms, two private sector lenders, ICICI Bank and HDFC Bank, together added Rs 4,650 crore to their valuation last week.

While, ICICI Bank saw its market cap surge by Rs 4,169 crore to Rs 44,274 crore, HDFC Bank added Rs 481 crore to Rs 44,497 crore at the end of Thursday's trade.

RIL, the numero-uno in the list, is followed by ONGC (Rs 1,89,279 crore), NTPC (Rs 1,60,127 crore), Bharti Airtel (Rs 1,26,850 crore), Infosys (Rs 81,710 crore), MMTC (Rs 77,984 crore), BHEL (Rs 73,293 crore), SBI (Rs 72,402 crore), ITC (Rs 70,732 crore), NMDC (Rs 66,250 crore).

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First Published: Apr 12 2009 | 1:19 PM IST

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