Extending their gains of the past two weeks, country's 10 most valued firms added over Rs 91,000 crore to their market capitalisation last week with Reliance Industries (RIL) alone accounting for over one-third of the total gain.
RIL, the most valued firm of the country, added Rs 32,963 crore to its valuation last week. Shares of RIL surged nearly 16 per cent on the Bombay Stock Exchange, amid the broader market witnessing a counter rally in bear market.
At the end of the Friday's trade, the valuation of Mukesh Ambani-led RIL stood at Rs 2,43,624 crore, against Rs 2,10,661 crore a week ago.
The top-10 firms, comprising four private and six public sector entities, added Rs 91,480 crore last week, taking the total market cap of the elite club to Rs 11,15,658 crore.
In the previous week, the valuation of the club was at Rs 10,24,177 crore.
Two state run companies, oil major Oil and Natural Gas Corporation (ONGC) and power utility NTPC, added Rs 11,325 crore and Rs 3,710 crore respectively to their valuation last week.
At the end of Friday's trade, ONGC remained the most valued PSU firm with a market cap of Rs 1,72,821 crore, while NTPC was valued at Rs 1,50,109 crore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
