Top seven cos add Rs 34,645 cr in market valuation

Only TCS, RIL and ITC suffered losses

Press Trust of India New Delhi
Last Updated : May 17 2015 | 11:22 AM IST
The combined market valuation of top seven companies surged by Rs 34,645.72 crore last week, with SBI emerging as the biggest gainer.

While ONGC, HDFC Bank, CIL, Sun Pharmaceutical, Infosys, SBI and HDFC saw rise in their market capitalisation (m-cap), TCS, RIL and ITC suffered losses.

SBI's m-cap surged by Rs 19,331.66 crore to Rs 2,17,414.98 crore.

The market value of HDFC soared by Rs 7,674.51 crore to Rs 1,94,330.51 crore while ONGC added Rs 2,395.53 crore at Rs 2,72,449.58 crore.


HDFC Bank's valuation moved up by Rs 1,868.34 crore to Rs 2,48,314.39 crore and that of CIL rose by Rs 1,642.25 crore to Rs 2,31,273.68 crore.

The m-cap of Sun Pharma gained Rs 1,532.44 crore to Rs 2,27,750.28 crore and Infosys added Rs 200.99 crore to Rs 2,25,071.87 crore.

ALSO READ: ITC, SBI earning numbers to guide market

On the contrary, RIL's valuation tanked by Rs 5,161.58 crore to Rs 2,82,818.71 crore while TCS lost Rs 4,123.12 crore to Rs 4,91,572.17 crore.

ITC's market cap dipped by Rs 1,563.03 crore to Rs 2,61,386.09 crore.

In the ranking of top-10 firms, TCS stood at number one position, followed by RIL, ONGC, ITC, HDFC Bank, CIL, Sun Pharma, Infosys, SBI and HDFC.

The Sensex ended the week with a gain of 218.61 points, or 0.81 per cent, at 27,324.00. The index has gained 312.69 points, or 1.16 per cent, in last two weeks.
*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: May 17 2015 | 10:57 AM IST

Next Story