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Mcap of 6 of top-10 valued companies jump more than Rs1.18 lakh crore

14 Nov , 2021   By : Kanchan Joshi


Mcap of 6 of top-10 valued companies jump more than Rs1.18 lakh crore

Six of the 10 most valued companies together added Rs1,18,383.07 crore in market valuation last week, with major contribution coming in from Reliance Industries Limited.


During the last week, the 30-share BSE benchmark jumped 619.07 points or 1.03 per cent.


While Reliance Industries Limited, Tata Consultancy Services, Infosys, HDFC, Bajaj Finance and Kotak Mahindra Bank were the gainers, HDFC Bank, Hindustan Unilever Limited, ICICI Bank and State Bank of India emerged as laggards.


The valuation of Reliance Industries Limited zoomed Rs59,437.12 crore to reach Rs16,44,511.70 crore.sense


Infosys added rs29,690.9 crore to take its market valuation to Rs7,48,580.98 crore. HDFC's valuation gained Rs17,187 crore to Rs5,41,557.77 crore and that of Tata Consultancy Services jumped Rs5,715.04 crore to Rs13,03,730.66 crore.


The market capitalisation (mcap) of Kotak Mahindra Bank rose by Rs3,301.84 crore to Rs4,11,183.32 crore and that of Bajaj Finance by Rs3,051.17 crore to Rs4,57,355.51 crore.


In contrast, the valuation of HDFC Bank Ltd diminished by Rs22,545.39 crore to Rs8,60,436.44 crore. State Bank of India's market valuation declined by Rs17,135.26 crore to Rs4,56,270.76 crore.


The valuation of Hindustan Unilever Limited dipped by Rs3,912.07 crore to reach Rs5,65,546.62 crore and that of ICICI Bank by Rs3,810.99 crore to Rs5,39,016.40 crore.


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


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