Mcap of 8 of top-10 valued firms jumps Rs 3.28 lakh cr; TCS, HUL, Reliance lead winners

By By Rediff Money Desk, New Delhi
Jun 09, 2024 10:04
Eight of the top 10 valued domestic firms, including TCS, HUL, and Reliance, witnessed a significant increase in their market valuation last week, adding Rs 3.28 lakh crore.
New Delhi, Jun 9 (PTI) Eight of the 10 most valued domestic firms together added Rs 3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy Services, Hindustan Unilever and Reliance Industries emerging as the biggest winners.

In an eventful week, the BSE benchmark jumped 2,732.05 points or 3.69 per cent.

The 30-share BSE Sensex jumped 1,720.8 points or 2.29 per cent to hit a new record peak of 76,795.31 in intra-day trade on Friday. The benchmark ended at a record high of 76,693.36, up 1,618.85 points or 2.16 per cent.

From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, Hindustan Unilever (HUL) and ITC were the gainers. These companies added a total of Rs 3,28,116.58 crore to their market valuations.

State Bank of India and Life Insurance Corporation of India (LIC) were the laggards from the top-10 pack.

The market valuation of TCS zoomed Rs 80,828.08 crore to Rs 14,08,485.29 crore, emerging as the biggest gainer from the pack.

Hindustan Unilever added Rs 58,258.11 crore taking its market capitalisation (mcap) to Rs 6,05,407.43 crore.

The valuation of Reliance Industries jumped Rs 54,024.35 crore to Rs 19,88,741.47 crore and that of Infosys rallied by Rs 52,770.59 crore to Rs 6,36,630.87 crore.

The mcap of HDFC Bank soared Rs 32,241.67 crore to Rs 11,96,325.52 crore and that of Bharti Airtel climbed Rs 32,080.61 crore to Rs 8,10,416.01 crore.

ITC's valuation surged Rs 16,167.71 crore to Rs 5,48,204.12 crore and that of ICICI Bank went up by Rs 1,745.46 crore to Rs 7,88,975.17 crore.

However, the mcap of LIC declined by Rs 12,080.75 crore to Rs 6,28,451.77 crore and that of State Bank of India went lower by Rs 178.5 crore to Rs 7,40,653.54 crore.

In the ranking of the most valued firms, Reliance Industries retained the title of number one company followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC.
Source: PTI
Read More On:
icici bankreliance industrieshindustan unileverbse sensexinfosyshdfc banktcsmarket capitalizationitcstate bank of indiabharti airtellife insurance corporation of indiatop 10 indian companies
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Mumbai Cruise Terminal: 9x Growth by 2030

Mumbai Port aims to boost cruise tourism with a new Rs 555 crore terminal, targeting a...

Gadkari Proposes Law for Indian Musical...

Union Minister Nitin Gadkari proposes a law to replace vehicle horns with Indian...

Mahindra Logistics Profit Jumps 67% in Q4 FY24

Mahindra Logistics reported a 67% year-on-year jump in standalone profit after tax...

DBT Saved India Rs 3.48 Lakh Cr: Report

A new report highlights how India's Direct Benefit Transfer (DBT) system has saved Rs...

AlcoBev India 2025: CIABC & APEDA to Host...

CIABC and APEDA announce AlcoBev India 2025, a summit focusing on taxation, policy, and...

Shivinder Mohan Singh Files for Personal...

Former Fortis Healthcare promoter Shivinder Mohan Singh has filed for personal...

India Telecom User Base Rises to 119 Cr in Jan,...

India's telecom user base reached 119 crore in January, with Airtel adding the most new...

Education & Housing Loans: DFS Secretary to...

Financial Services Secretary M Nagaraju urges banks to improve performance on education...

Continuum Green Energy IPO: Sebi Approves Rs...

Continuum Green Energy gets Sebi's approval for a Rs 3,650 crore IPO, including a fresh...

Bullion Rates in Bengaluru - Apr 21

Get the latest bullion rates for standard gold, ornament gold, and silver in Bengaluru...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com