Mcap of 6 of top 10 firms soars over Rs 1.11 lakh crore; Tata Consultancy Services, Infosys lead gainers

Mcap of 6 of top 10 firms soars over Rs 1.11 lakh crore; Tata Consultancy Services, Infosys lead gainers

PTIUpdated: Sunday, June 27, 2021, 04:58 PM IST
article-image
Mcap of 6 of top 10 firms soars over Rs 1.11 lakh crore; Tata Consultancy Services, Infosys lead gainers | Photo by Alesia Kozik from Pexels

Six of the 10 most valued companies added Rs 1,11,220.5 crore to their total market valuation last week, with Tata Consultancy Services and Infosys leading the gainers' chart.

While Tata Consultancy Services (TCS), HDFC Bank, Infosys, HDFC, ICICI Bank and State Bank of India saw gains in their market valuation, Reliance Industries, Hindustan Unilever Limited, Bajaj Finance and Kotak Mahindra Bank witnessed a decline in their market capitalisation (mcap).

The mcap of Tata Consultancy Services zoomed Rs 30,961.06 crore to Rs 12,50,538.30 crore, the most among the top-10 firms. Infosys added Rs 29,807.59 crore to its valuation which stood at Rs 6,70,915.93 crore last week.

The market valuation of HDFC Bank jumped Rs 19,838.88 crore to Rs 8,36,426.69 crore and that of State Bank of India by Rs 14,234.76 crore to Rs 3,82,642.72 crore. ICICI Bank's valuation rose by Rs 12,775.99 crore to Rs 4,49,166.77 crore and that of HDFC by Rs 3,602.22 crore to Rs 4,52,778.40 crore.

In contrast, Reliance Industries' market capitalisation declined by Rs 76,548.77 crore to Rs 13,34,009.02 crore. HUL's mcap diminished by Rs 7,424.7 crore to Rs 5,75,449.55 crore and that of Kotak Mahindra Bank by Rs 5,084.82 crore to Rs 3,43,934.41 crore.

Bajaj Finance's mcap declined by Rs 763.55 crore to Rs 3,66,662.44 crore.

In the ranking of top-10 firms, Reliance Industries was leading the chart, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, State Bank of India, Bajaj Finance and Kotak Mahindra Bank.

During the last week, the 30-share BSE benchmark gained 580.59 points or 1.10 per cent.

RECENT STORIES

ITR Refund Delay Explained, Know The Key Reasons Behind The Hold-Up

ITR Refund Delay Explained, Know The Key Reasons Behind The Hold-Up

Sahara Group’s Anil Abraham, Property Broker JP Verma Held In Money Laundering Probe: Enforcement...

Sahara Group’s Anil Abraham, Property Broker JP Verma Held In Money Laundering Probe: Enforcement...

Lodha Developers Eyes ₹1,500 Crore Rental Income By FY31, To Offset Interest And Salary Costs: MD...

Lodha Developers Eyes ₹1,500 Crore Rental Income By FY31, To Offset Interest And Salary Costs: MD...

DLF Chairman Rajiv Singh’s Pay Jumps 34% To ₹36.65 Crore, Performance-Based Bonuses Drive...

DLF Chairman Rajiv Singh’s Pay Jumps 34% To ₹36.65 Crore, Performance-Based Bonuses Drive...

Strong Demand For Travel Food Services IPO, Grey Market Signals Mild Premium On Listing

Strong Demand For Travel Food Services IPO, Grey Market Signals Mild Premium On Listing