Eight of top-10 most valued firms add over Rs 1.39 trn in m-cap

Only Hindustan Unilever and Bajaj Finance saw losses in their market capitalisation for the trading week closed on Friday

corporate, company, firms, board, governnance, tax, investors, investments, M&As, acquisitions
Press Trust of India
2 min read Last Updated : May 30 2021 | 10:27 AM IST
Eight of the top-10 most valued companies together added Rs 1,39,566.52 crore in market valuation last week, with Reliance Industries, TCS and Infosys emerging as top performers.

On a weekly basis, the BSE benchmark Sensex gained 882.40 points or 1.74 per cent.

Only Hindustan Unilever and Bajaj Finance saw losses in their market capitalisation for the trading week closed on Friday.

Among the gainers, Reliance Industries saw its market valuation jump by Rs 59,590.77 crore to Rs 13,28,049.94 crore.

Tata Consultancy Services added Rs 23,562.96 crore to take its valuation to Rs 11,63,018.74 crore and Infosys gained Rs 21,395.27 crore to Rs 5,98,604.10 crore.

The market capitalisation of State Bank of India rallied Rs 18,697.06 crore to Rs 3,76,663.23 crore and that of Kotak Mahindra Bank gained Rs 8,435.06 crore to Rs 3,56,849.67 crore.

HDFC''s valuation rose by Rs 4,555.41 crore to reach Rs 4,58,418.62 crore and that of HDFC Bank jumped by Rs 2,721.71 crore to Rs 8,28,341.24 crore.

ICICI Bank added Rs 608.28 crore to see its capitalisation reach Rs 4,45,171.34 crore.

In contrast, the valuation of Hindustan Unilever diminished by Rs 8,904.94 crore to Rs 5,45,762.50 crore.

The market capitalisation of Bajaj Finance declined by Rs 1,282.63 crore to Rs 3,38,589.27 crore.

Reliance Industries remained the most valued firm followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Bajaj Finance. 

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

Topics :market capitalisationmarket capM-cap rankingsM-cap of Indian firms

Next Story