Page 7 - Market Capitalisation

Market capitalisation of BSE-listed firms at record high of Rs 451.27 trn

The market capitalisation of BSE-listed firms hit a record peak of Rs 449.88 lakh crore on Friday despite equity benchmark Sensex slipping marginally in a volatile trade. The 30-share BSE Sensex dropped 53.07 points or 0.07 per cent to settle at 79,996.60, indicating market indecisiveness. The market capitalisation (mcap) of BSE-listed firms hit a record peak of Rs 4,49,88,985.87 crore (5.39 trillion) on Friday. "The domestic market traded with a mixed bias, with the heavy-weight banking sector acting as a laggard. "While Midcap and Small Cap outperformed and the respective BSE indices hit an all-time high. Globally, investors now await the US non-farm payroll data to be released later today to gauge the trajectory of the US Fed's potential rate cuts," Vinod Nair, Head of Research, Geojit Financial Services, said. The mcap of these firms reached Rs 4,47,30,452.99 crore (USD 5.36 trillion) on Thursday. A total of 2,242 stocks advanced, while 1,686 declined and 88 remained unchange

Valuations frothy? Profit and market cap moved in sync in 5 years

Analysts: upside in the markets from here will be driven by earnings growth

ICICI Bank mcap tops $100 bn; becomes only sixth Indian co to hit milestone

The private sector lender joins likes of Reliance Industries, Tata Consultancy Services, HDFC Bank, and Bharti Airtel, four other domestically-listed companies with market value of more than $100 bn

Blue Dart inks pact with Skye Air for drone delivery service; stock up 3%

The uptick in share price came after the company rolled out drone delivery service in pact with Skye Air, a drone delivery service provider

Bosch market cap crosses Rs 1 trillion; stock hits new high, gains 6%

At 11:13 am; with Rs 1.0 trillion market capitalisation, Bosch was trading 5 per cent higher at Rs 33,918.

As big gets bigger, largecap cutoff surges past Rs 80,000 crore

The cutoff has gone up sharply since the Covid-19 pandemic. During July-December 2019, the largecap cutoff stood at Rs 27,454 crore

From Hero MotoCorp to BPCL, Rs 1 trillion mcap club wears a new look

The surge in companies with a trillion-dollar market cap is attributed to the market's overall gains

Mcap of 5 of top-10 valued firms jumps Rs 85,582 cr; LIC biggest gainer

Five of the top-10 most valued firms together added Rs 85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the biggest gainer, in-line with positive trend in equities. Last week, BSE benchmark Sensex climbed 299.41 points or 0.39 per cent. The 30-share barometer hit its all-time high of 77,145.46 on June 13. While Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India and LIC were the gainers, Tata Consultancy Services (TCS), ICICI Bank, Infosys, Hindustan Unilever and ITC faced erosion from their market valuation. The five firms together lost Rs 84,704.81 crore from market valuation. The valuation of LIC jumped Rs 46,425.48 crore to Rs 6,74,877.25 crore, the most among the top-10 firms. The market capitalisation (mcap) of HDFC Bank rallied Rs 18,639.61 crore to Rs 12,14,965.13 crore. Reliance Industries added Rs 10,216.41 crore, taking its valuation to Rs 19,98,957.88 crore. The mcap of State Bank of India climbed

Market capitalisation of BSE-listed firms hits new peak of Rs 434.9 trn

The market capitalisation of BSE-listed firms hit another record high of Rs 434.88 lakh crore on Friday as the BSE benchmark scaled new closing peak, rallying for the third day running. Rising for the third straight session, the 30-share BSE Sensex climbed 181.87 points, or 0.24 per cent, to settle at a new closing peak of 76,992.77. During the day, it jumped 270.4 points, or 0.35 per cent, to 77,081.30. The NSE Nifty rallied 66.70 points, or 0.29 per cent, to hit a record closing high of 23,465.60. Intra-day, it climbed 91.5 points, or 0.39 per cent, to hit a fresh all-time high of 23,490.40. Following the rally in equities, the market capitalisation of BSE-listed companies hit a fresh all-time high of Rs 4,34,88,147.51 crore (USD 5.21 trillion). In three days of rally, investors' wealth has gone up Rs 7.93 lakh crore. "The positive undertone of the market helped benchmark Nifty scale new highs and inch closer towards the 23,500-mark as cautious investors continued with their sele

Torrent Group market capitalisation doubles to $20 billlion in one year

Diversified Torrent Group crossed USD 20 billion (Rs 1.68 lakh crore) in market capitalisation on Friday, nearly doubling the market value on the back of robust growth across businesses spanning from pharma to energy. Torrent Group had an m-cap of USD 10.8 billion (Rs 90,230 crore) on June 6, 2023. On Friday, two listed companies of the group, Torrent Pharmaceuticals Limited and Torrent Power Limited gained 2.22 per cent and 2.59 per cent, respectively, setting a new milestone for the group's market capitalisation at USD 20.2 billion at the close of market hours, according to stock exchange data. Shares of the group's flagship Torrent Pharmaceuticals ended at Rs 2,838 each and its arm Torrent Power closed at Rs 1,492.35 apiece on the NSE. Steady growth in the group's market capitalisation mirrors robust financial performance, sustained growth trajectory and business expansions across verticals. At the core of its growth strategy is the business model driven by acquisitions. The g

Marketquake: PSU, Adani stocks feel verdict tremors; Nifty PSE tanks 16.4%

Rs 3.6 trn shaved off from Adani Group mcap

Mcap of 8 of 10 most valued firms erodes by Rs 2.08 trn; RIL, TCS suffer

The combined market valuation of eight of the top-10 most valued firms declined by Rs 2,08,207.93 crore last week, with bellwether Reliance Industries, TCS and Infosys taking the biggest hit. While these three firms along with ITC, Life Insurance Corporation (LIC), Hindustan Unilever Ltd, Bharti Airtel and ICICI Bank were the laggards, HDFC Bank and State Bank of India (SBI) emerged as gainers. Last week, the 30-share BSE Sensex tanked 1,449 points or 1.92 per cent. It rose by 75.71 points or 0.10 per cent to settle at 73,961.31 on Friday, snapping a five-day losing streak. The market capitalisation (mcap) of index heavyweight Reliance Industries plunged by Rs 67,792.23 crore to Rs 19,34,717.12 crore, while TCS mcap declined by Rs 65,577.84 crore to Rs 13,27,657.21 crore. The valuation of Infosys slumped by Rs 24,338.1 crore to Rs 5,83,860.28 crore, and that of ITC went lower by Rs 12,422.29 crore to Rs 5,32,036.41 crore. Mcap of LIC dropped by Rs 10,815.74 crore to Rs 6,40,532.52

Mcap of 9 of top-10 most valued firms jump Rs 1.85 trn; Reliance sparkles

Nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation last week, with Reliance Industries Ltd and HDFC Bank stealing the show with maximum gains, in line with rally in equities. Last week, the BSE benchmark zoomed 1,404.45 points, or 1.89 per cent. The 30-share BSE Sensex hit its all-time intra-day high of 75,636.50 on Friday. From the top-10 most-valued firms pack, only ITC emerged as the laggard. The market valuation of Reliance Industries jumped Rs 61,398.65 crore to reach Rs 20,02,509.35 crore. HDFC Bank added Rs 38,966.07 crore, taking its valuation to Rs 11,53,129.36 crore. The market valuation of Life Insurance Corporation of India (LIC) rallied Rs 35,135.36 crore to Rs 6,51,348.26 crore. Bharti Airtel's market capitalisation (mcap) zoomed Rs 22,921.42 crore to Rs 7,87,838.71 crore and that of Hindustan Unilever climbed Rs 9,985.76 crore to Rs 5,56,829.63 crore. The mcap of Infosys went up Rs 8,821.99 crore to Rs 6,08,198.38 crore an

Aditya Birla Group's market capitalisation crosses $100 billion milestone

The combined market capitalisation of the Aditya Birla Group firms has crossed the USD 100 billion mark (Rs 8,51,460.25 crore) on Friday. The group firms -- UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea, Aditya Birla Fashion and Retail, TCNS Clothing, Aditya Birla Money, Century Textiles, Century Enka and Pilani Investment -- have a combined market valuation of Rs 8,51,460.25 crore on the BSE. "The group's market cap growth has beaten the benchmark indices Sensex and Nifty, year-to-date, as well as on a one-year, three-year, and five-year time frame," a statement from the group said. ABG's market cap accretion has been double that of the S&P even in US dollar terms across one-year and three-year time horizons, it added. Grasim has seen its market cap double to over USD 19 billion in the last 3 years on the back of incubating and scaling new high-growth engines, the statement said. It further said that Hindalco's market cap has .

Adani Group mcap rises to Rs 17.5 trn, highest since Hindenburg incident

Shares of flagship Adani Enterprises rose 8 per cent, followed by Adani Ports, which closed the day with a 4.7 per cent gain

NSE listed companies' market capitalisation surpasses $5 trn mark

The market capitalisation of listed companies on the NSE surpassed USD 5 trillion (Rs 416.57 trillion) on Thursday on a day when the Nifty 50 index touched an all-time high of 22,993.60. The Nifty 500 index also touched an all-time high of 21,505.25 on Thursday indicating that growth in the equity market is not restricted to only the large capitalised stocks, a statement by NSE said. The journey of market capitalisation of listed companies from USD 2 trillion (July 2017) to USD 3 trillion (May 2021) took about 46 months, USD 3 trillion to USD 4 trillion (December 2023) took about 30 months and the latest USD 1 trillion addition took only about 6 months, the exchange said. The top five companies by market capitalisation on the exchange are Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI Bank and Bharti Airtel. Growth in market capitalisation is not restricted to the top companies but is observed across stocks, it added. The resource mobilisation by corporates, ...

India's market capitalisation to GDP ratio at 15-year high of 140%

According to data from BSE, the 4,357 companies available for trade had a combined market capitalisation of around Rs 416 trillion on Tuesday against India's GDP at current price of Rs 296.6 trillion

Bluechips drive India past $5 trillion market capitalisation milestone

63% of mcap growth contributed by top 100 firms

Another milestone

Stock valuations have increased substantially

Market-cap of BSE-listed firms hits $5 trillion; analysts see more upside ahead

The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 414.62 trillion ($4.99 billion) on Tuesday by close. It had soared past the $5 trillion mark in intraday deals