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Six of top-10 most valued firms add Rs 1.13 lakh crore in m-cap; TCS, Airtel biggest gainers

The valuation of TCS jumped by Rs 42,495.76 crore to Rs 12,13,371.12 crore. Bharti Airtel's market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore

twitter-logoBusinessToday.In | January 17, 2021 | Updated 23:03 IST
Six of top-10 most valued firms add Rs 1.13 lakh crore in m-cap; TCS, Airtel biggest gainers

Six of the top-10 firm with highest market capitalisation cumulatively added Rs 1,13,018.94 crore to their valuation last week. Software bellwether Tata Consultancy Services and telecom major Bharti Airtel emerged as the biggest gainers during this period.

Last week saw Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Infosys, ICICI Bank and Bharti Airtel add to their m-cap. Meanwhile, Hindustan Unilever Ltd (HUL), HDFC, Kotak Mahindra Bank and Bajaj Finance suffered losses to their market valuation.

The valuation of TCS jumped by Rs 42,495.76 crore to Rs 12,13,371.12 crore. Bharti Airtel's market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore.

HDFC Bank added Rs 19,001.41 crore to Rs 8,07,615.27 crore in its valuation and the market cap of Infosys gained Rs 14,184.43 crore to reach Rs 5,72,957.16 crore. The valuation of RIL rose by Rs 2,884.44 crore to reach Rs 12,28,330.03 crore and that of ICICI Bank gained by Rs 492.06 crore to Rs 3,74,745.94 crore.

In contrast, Kotak Mahindra Bank's valuation tumbled by Rs 21,171.32 crore to Rs 3,69,082.01 crore. The m-cap of Bajaj Finance plunged Rs 12,000.53 crore to Rs 2,94,156.02 crore. HUL's valuation dipped by Rs 9,034.04 crore to Rs 5,52,592.14 crore and HDFC's worth declined by Rs 3,861.42 crore to Rs 4,73,801.61 crore.

In the ranking of top-10 most valued domestic firms, RIL was leading the chart followed by TCS, HDFC Bank, Infosys, HUL, HDFC, ICICI Bank, Kotak Mahindra Bank, Bharti Airtel and Bajaj Finance.

During the last week, the 30-share BSE benchmark advanced by 252.16 points or 0.51 per cent.

Also read: TCS biggest gainer last week; 7 of top 10 firms add Rs 1.37 lakh crore

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