Top 10 cos add Rs 91k cr in a week; RIL leads pack

Image
Press Trust of India Mumbai
Last Updated : Jan 19 2013 | 11:26 PM IST

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.

*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

More From This Section

First Published: Mar 29 2009 | 2:11 PM IST

Next Story