Page 11 - Market Capitalisation

Adani group adds Rs 73,000 crore in mcap as investors lap up shares

Power-to-port conglomerate's mcap nears Rs 12 trillion

In a first, NSE listed companies' market capitalisation surpass $4 trn mark

The market capitalisation of listed companies on the NSE has surpassed the USD 4 trillion (Rs 334.72 trillion) mark for the first time ever, with the benchmark Nifty hitting its all-time high of 20,291.55 last Friday. The benchmark Nifty climbed 134.75 points or 0.67 per cent to settle at an all-time high of 20,267.90 on Friday. During the day, the benchmark reached its intra-day record high of 20,291.55. The Nifty-500 index also touched an all-time high of 18,141.65 on the same day, indicating that the equity market rally is not restricted to only the large-cap stocks. "The achievement of this milestone is a testament of the vision outlined for the Amrit Kaal which includes a technology-driven and knowledge-based economy with strong public finances, and a robust financial sector," NSE said in a statement on Sunday. The journey of market capitalisation of listed companies rising from to USD 2 trillion (in July 2017) to USD 3 trillion (in May 2021) took about 46 months, whereas the

M-cap of 9 of 10 most valued firms up Rs 1.30 trn; Airtel, TCS gain

The combined market valuation of nine of the top-10 most valued firms climbed Rs 1,30,391.96 crore last week, with Bharti Airtel and Tata Consultancy Services (TCS) emerging as the biggest gainers, amid an overall optimistic trend in equities. Last week, the BSE benchmark jumped 1,511.15 points or 2.29 per cent. Barring Reliance Industries, nine other companies including HDFC Bank, ICICI Bank, Infosys and Hindustan Unilever witnessed addition in their market valuation. Bharti Airtel's valuation rallied Rs 23,746.04 crore to Rs 5,70,466.88 crore. The market capitalisation (mcap) of TCS jumped by Rs 19,027.07 crore to reach Rs 12,84,180.67 crore. HDFC Bank added Rs 17,881.88 crore, taking its market valuation to Rs 11,80,588.59 crore. ITC's mcap climbed Rs 15,159.02 crore to Rs 5,61,159.09 crore and that of Bajaj Finance soared Rs 14,480.29 crore to Rs 4,48,446.82 crore. The valuation of ICICI Bank surged Rs 12,085.42 crore to Rs 6,63,370.71 crore and that of Hindustan Unilever ad

India moves to elite club of nations as mcap tops $4 trn for first time

Stocks outside the top 100 universe have made a significant contribution to the mcap growth this year

Adani Group stocks rally up to 20%, add Rs 1 trn in market capitalisation

The 11 listed group companies added over Rs 1 trillion in market capitalisation to Rs 11.3 trillion. This was the biggest single-day jump in the group's market cap since April 11

M-cap of 4 of 10 valued firms rise Rs 65,671 cr; Reliance biggest winner

The combined market valuation of four of the top-10 most-valued firms climbed Rs 65,671.35 crore last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark climbed 175.31 points, or 0.26 per cent. While Reliance Industries, HDFC Bank, ICICI Bank, and Bharti Airtel were the gainers, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, State Bank of India, and Bajaj Finance faced erosion in valuation. The market valuation of Reliance Industries jumped Rs 26,014.36 crore to reach Rs 16,19,907.39 crore. HDFC Bank added Rs 20,490.9 crore, taking its valuation to Rs 11,62,706.71 crore. The market valuation of Bharti Airtel rose Rs 14,135.21 crore to Rs 5,46,720.84 crore , while that of ICICI Bank gained Rs 5,030.88 crore to Rs 6,51,285.29 crore. However, the market capitalisation (mcap) of TCS eroded by Rs 16,484.03 crore to Rs 12,65,153.60 crore. The valuation of Bajaj Finance declined Rs 12,202.87 crore to Rs 4,33,966.53 crore. The

Smaller Indian companies propel mcap towards $4 trillion milestone

India's strong earnings, macroeconomic stability, and domestic flows make it a standout market, say analysts

M-cap of 7 of top 10 firms swells Rs 1.50 trn; TCS, Infosys biggest gainers

The combined market valuation of seven of the top 10 valued firms climbed Rs 1,50,679.28 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers, amid an overall optimistic trend in equities. Last week, the BSE benchmark jumped 890.05 points or 1.37 per cent. Reliance Industries, TCS, HDFC Bank, Infosys, Hindustan Unilever, ITC and Bharti Airtel were the gainers while ICICI Bank, State Bank of India and Bajaj Finance faced erosion from their market valuation. The valuation of TCS jumped Rs 62,148.99 crore to Rs 12,81,637.63 crore, emerging as the biggest gainer from the top 10 pack. The market capitalisation (mcap) of Infosys rallied Rs 28,616.98 crore to Rs 5,96,681.75 crore. The mcap of Reliance Industries climbed Rs 28,111.41 crore to Rs 15,93,893.03 crore and that of HDFC Bank surged Rs 11,136.61 crore to reach Rs 11,42,215.81 crore. The market valuation of Hindustan Unilever soared Rs 10,032.75 crore to Rs 5,94,317.36 crore

M-cap of 4 of top-10 firms decline by Rs 23,417 cr; TCS biggest laggard

The combined market valuation of four of the top-10 most valued firms fell by Rs 23,417.15 crore last week, with IT majors Infosys and Tata Consultancy Services (TCS) taking the biggest hit. Last week, the BSE benchmark advanced 540.9 points or 0.84 per cent. While Reliance Industries Ltd, TCS, Hindustan Unilever Ltd and Infosys faced erosion from their market capitalisation (mcap), HDFC Bank, ICICI Bank, ITC, Bharti Airtel, State Bank of India and Bajaj Finance witnessed a combined addition of Rs 17,386.45 crore. The market valuation of Infosys fell by Rs 8,465.09 crore to Rs 5,68,064.77 crore, the most among the top-10 firms. The mcap of TCS declined by Rs 6,604.59 crore to Rs 12,19,488.64 crore. Hindustan Unilever's mcap diminished by Rs 5,133.85 crore to Rs 5,84,284.61 crore and that of Reliance Industries dipped by Rs 3,213.62 crore to Rs 15,65,781.62 crore. However, the valuation of HDFC Bank jumped Rs 5,236.31 crore to Rs 11,31,079.20 crore. ICICI Bank added Rs 3,520.92 c

M-cap of 9 of top-10 most valued firms surges Rs 97,463 cr; Reliance leads

The combined market valuation of nine of the top-10 most valued firms surged Rs 97,463.46 crore last week, with Reliance Industries emerging as the biggest gainer, amid an overall positive trend in equities. Last week, the BSE benchmark jumped 580.98 points or 0.91 per cent. Barring Bajaj Finance, the rest nine firms, including Reliance Industries, HDFC Bank, ICICI Bank and State Bank of India emerged as gainers. The market valuation of Reliance Industries jumped Rs 36,399.36 crore to Rs 15,68,995.24 crore. State Bank of India's market capitalisation (mcap) zoomed Rs 15,305.71 crore to reach Rs 5,15,976.44 crore. The valuation of ICICI Bank surged Rs 14,749.52 crore to Rs 6,54,042.46 crore and that of HDFC Bank climbed Rs 11,657.11 crore to Rs 11,25,842.89 crore. The mcap of Bharti Airtel rallied Rs 9,352.15 crore to Rs 5,23,087.22 crore and that of Hindustan Unilever Limited gained Rs 6,320.4 crore to Rs 5,89,418.46 crore. Infosys added Rs 3,507.08 crore taking its valuation to

M-cap of top-10 firms plunge Rs 1.93 trn; TCS, HDFC Bank biggest laggards

All the top-10 most valued firms suffered a combined erosion of Rs 1,93,181.15 crore in market valuation last week, with Tata Consultancy Services (TCS) and HDFC Bank taking the biggest hit, in line with bearish trend in equities. In a holiday-shortened last week, the BSE benchmark tanked 1,614.82 points or 2.46 per cent. The market valuation of TCS plunged Rs 52,580.57 crore to Rs 12,25,983.46 crore, the most among the top-10 firms. HDFC Bank's market capitalisation (mcap) slumped Rs 40,562.71 crore to Rs 11,14,185.78 crore. The valuation of Reliance Industries Limited dropped Rs 22,935.65 crore to Rs 15,32,595.88 crore and that of Infosys tumbled Rs 19,320.04 crore to Rs 5,73,022.78 crore. The mcap of Bharti Airtel fell by Rs 17,161.01 crore to Rs 5,13,735.07 crore and that of Bajaj Finance diminished by Rs 15,759.95 crore to Rs 4,54,814.95 crore. ICICI Bank's valuation tanked Rs 13,827.73 crore to Rs 6,39,292.94 crore and that of ITC slipped Rs 5,900.49 crore to Rs 5,40,637.34

M-cap of 10 valued firms plunge Rs 1.52 trn; Reliance, TCS biggest laggards

The combined market valuation of the top 10 valued companies plunged Rs 1,52,979.78 crore last week, with Reliance Industries and Tata Consultancy Services (TCS) taking the biggest hit in an overall weak trend in equities. Last week, the BSE benchmark fell 885.12 points or 1.33 per cent. The market valuation of Reliance Industries plummeted Rs 34,876.78 crore to Rs 15,55,531.53 crore. The valuation of TCS plunged Rs 27,827.08 crore to Rs 12,78,564.03 crore. Hindustan Unilever's market valuation eroded by Rs 18,103.6 crore to Rs 5,86,223.02 crore and that of Bajaj Finance fell by Rs 17,171.75 crore to Rs 4,70,574.90 crore. The market capitalisation (mcap) of ICICI Bank dived Rs 13,518.4 crore to Rs 6,53,120.67 crore and that of ITC dropped Rs 12,533.27 crore to Rs 5,46,537.83 crore. State Bank of India's valuation declined by Rs 11,512.75 crore to Rs 5,02,678.77 crore and that of HDFC Bank fell by Rs 10,387.09 crore to Rs 11,54,748.49 crore. The mcap of Bharti Airtel slipped Rs .

Hindustan Zinc engages advisory firm for study on its plans to spin off biz

Vedanta group firm Hindustan Zinc has engaged a leading advisory firm to study its plans of spinning off business into three separate entities to increase its market capitalisation. Without divulging the name of the advisory firm, Hindustan Zinc Ltd Chief Executive Officer (CEO) Arun Misra said it will submit the report in six to eight weeks, based on which the company will take its next step. In a telephonic interview to PTI, Misra said the current market cap of the company is USD 16 billion but he believes HZL deserves a valuation of USD 25-30 billion. "Perhaps we are unable to expose the full value of Hindustan Zinc because everything is branded under one entity," he said. "We believe if there are three companies -- one dedicated to the cause of silver, one to zinc and lead and one to all kinds of recycling... the three together will have a much higher market cap compared to what one company has," he said. Last month, HZL had said the company's board has decided to undertake a

Billion-dollar shake-up: Global tech firms shed over $600 bn m-cap in Q3

Among the top 25, NVIDIA added another $19 billion to its market value in the third quarter, despite a modest 1.86 per cent growth

M-cap of 5 of 10 most valued cos jumps Rs 86,234.73 cr; TCS biggest gainer

The combined market valuation of five of the top-10 most valued firms jumped Rs 86,234.73 crore in a holiday-shortened last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer. While TCS, HDFC Bank, Infosys, Hindustan Unilever and Bajaj Finance were the gainers, Reliance Industries, ICICI Bank, ITC, State Bank of India and Bharti Airtel emerged as the laggards. Last week, the BSE benchmark climbed 167.22 points or 0.25 per cent. The market valuation of TCS rallied Rs 32,730.22 crore to Rs 13,24,649.78 crore, the most among the top-10 firms. Bajaj Finance added Rs 21,697.96 crore taking its valuation to Rs 4,94,884.37 crore. The valuation of Infosys jumped Rs 18,057.94 crore to Rs 6,13,655.04 crore and that of Hindustan Unilever climbed Rs 7,730.16 crore to Rs 5,87,104.12 crore. The market capitalisation (mcap) of HDFC Bank gained Rs 6,018.45 crore to Rs 11,63,164.31 crore. However, the valuation of Reliance Industries declined Rs 19,336.49 crore to Rs ...

L&T's order book robust, mcap at peak, says Chairman Subrahmanyan

L&T's order book is robust, market cap and share price are at their highest levels, the company's newly-appointed Chairman & Managing Director S N Subrahmanyan said and asked employees to remain hungry for success. In his first letter to employees after taking charge as Chairman & Managing Director, Subrahmanyan said that the company is committed to keep doing things that make both India and the world proud. "We must believe in the power of technology and keep harnessing its tremendous potential to keep improving our productivity and efficiency," he wrote in the letter. Timely delivery and safe way of work, he said, must remain the way of life. Stating that digitalisation is impacting every aspect of business, he said that the there was a need to be ready for the future. "There are basic and massive changes occurring in the ecosystem, energy change, sustainability as a way of life...We must be ready to face it today and (I) am confident that together we will be able to do .

M-cap of 5 of 10 valued firms decline by Rs 62,586 cr; TCS biggest laggard

The combined market valuation of five of the top 10 most valued firms declined by Rs 62,586.88 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid an overall bearish trends in equities. Last week, the BSE benchmark fell 180.74 points or 0.27 per cent, and the Nifty declined 35.95 points or 0.18 per cent. The market valuation of TCS plunged Rs 26,308.58 crore to Rs 12,91,919.56 crore. Infosys witnessed an erosion of Rs 25,296.43 crore from its valuation which was at Rs 5,95,597.10 crore. The market valuation of Reliance Industries fell by Rs 5,108.05 crore to Rs 15,87,553.37 crore and that of Hindustan Unilever declined by Rs 3,865.08 crore to Rs 5,79,373.96 crore. The market capitalisation (mcap) of HDFC Bank dipped Rs 2,008.74 crore to Rs 11,57,145.86 crore. However, the mcap of Bajaj Finance jumped Rs 20,413.41 crore to Rs 4,73,186.41 crore. Bharti Airtel added Rs 8,520.13 crore to Rs 5,19,279.14 crore in its valuation while

M-cap of 8 of 10 firms lose Rs 2.28 trn; HDFC, Reliance biggest laggards

The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined 518.1 points or 2.56 per cent. Equity markets were closed on Tuesday on account of Ganesh Chaturthi. From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were the laggards while Tata Consultancy Services (TCS) and Hindustan Unilever were the gainers. The market valuation of HDFC Bank plummeted by Rs 99,835.27 crore to Rs 11,59,154.60 crore. Shares of the company fell by nearly 8 per cent last week. The valuation of Reliance Industries plunged Rs 71,715.6 crore to Rs 15,92,661.42 crore. The company's shares declined over 4 per cent past week. ICICI Bank's valuation dropped Rs 29,41

Stellar rally in defence stocks not pricing potential risks, says KIE

The note said there could be a market opportunity of Rs 1.6 trillion for domestic procurement by FY26 due to overall solid defence capex growth and low imports due to indigenisation

M-cap of nine of top-10 valued firms add Rs 1.80 trn; TCS biggest winner

The combined market valuation of nine of the top-10 most valued firms rallied by Rs 1,80,788.99 crore last week, amid an overall buoyant trend in equities, with Tata Consultancy Services (TCS) emerging as the biggest gainer. Last week, the BSE benchmark jumped 1,239.72 points or 1.86 per cent. The 30-share BSE Sensex rallied for the 11th day running on Friday. The 30-share BSE benchmark had jumped 319.63 points or 0.47 per cent to settle at a record closing of 67,838.63 on Friday. During the day, it rallied 408.23 points or 0.60 per cent to hit its fresh all-time intra-day high of 67,927.23. Hindustan Unilever Limited was the only laggard from the top-10 pack. The list of winners had Reliance Industries Limited, TCS, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance. The market valuation of TCS jumped Rs 57,300.75 crore to Rs 13,17,203.61 crore. HDFC Bank added Rs 28,974.82 crore taking its market capitalisation (mcap) to Rs 12,58,989.87 ...