Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday
The jump in market capitalisation in the past year is not matched by its financial performance
Market cap of top four steelmakers up 29% in April so far; demand from China is a strong tailwind
Only market among top 15 to see a fall; world m-cap has risen 4.2% in April
The market capitalisation of Infosys declined Rs 37,579.03 crore to Rs 5,76,275.68 crore.
Stock has gained 9% in a month even as Sensex shed 3% during this period. Currently, 41 listed companies have market cap exceeding Rs 1 trillion
Currently, only Tata group, HDFC group and Mukesh Ambani-led Reliance group have higher market cap at the group level
Infosys' shares have outperformed Sensex both on YTD and one-year basis, with a gain of 12.3% and 2.2x, respectively. In comparison, Sensex is up 2.7% and 63.5% on YTD and one-year basis
Adani Total Gas also beat ONGC, JSW Steel and Hindustan Zinc in m-cap ranking
The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore
India's largest bank is now the most valuable state-owned entity, even as other public sector firms struggle to retain their place on the bourses
The latest bout of correction, triggered by rising US bond yields and a surge in Covid cases, has shaved off Rs 11.5 trillion in market value
Valued at over Rs 17 trillion ($232 bn), their combined worth has increased about 47 per cent since the start of last year
Herbert Diess, chief executive of VW Group, highlighted the UBS note on Twitter and shared the market capitalisation milestone.
Shares touched 52-week high of Rs 944.75 before closing 5.28% up on BSE
Index heavyweights, Reliance Industries, HDFC, TCS, ITC and ICICI Bank were among the top Sensex drags
The market valuation of Reliance Industries jumped by Rs 74,329.95 crore to Rs 12,94,038.34 crore, the most among the top-10 companies
Of the 441 stocks that gained, only 147 outperformed the BSE 500 index, which has risen 8.6 per cent in the past five trading sessions
HDFC Bank was the biggest gainer from the pack as its market valuation jumped Rs 113,516 crore to Rs 879,735 crore
India's market cap-to-GDP ratio is now over 100%