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Eight of top-10 firms add Rs2.34 lakh crore in m-cap; RIL biggest gainer

16 Jan , 2022   By : Kanchan Joshi


Eight of top-10 firms add Rs2.34 lakh crore in m-cap; RIL biggest gainer

NEW DELHI : Eight of the 10 most valued companies together added a whopping Rs2,34,161.58 crore in market valuation last week, with RIL, Infosys and TCS emerging as the lead gainers.


The 30-share BSE benchmark Sensex last week zoomed 1,478.38 points or 2.47 per cent.


The market valuation of Reliance Industries Limited (RIL) jumped Rs69,503.71 crore to reach Rs17,17,265.94 crore.


Infosys added Rs48,385.63 crore, taking its valuation to Rs8,10,927.25 crore.


The market valuation of Tata Consultancy Services (TCS) zoomed Rs42,317.15 crore to Rs14,68,245.97 crore.


HDFC's valuation surged Rs21,125.41 crore to Rs4,91,426.13 crore and that of ICICI Bank gained Rs18,650.77 crore to reach Rs5,69,511.37 crore.


The market capitalisation (m-cap) of State Bank of India (SBI) advanced by Rs15,127.22 crore to Rs4,53,593.38 crore and that of Bajaj Finance rallied by Rs10,291.28 crore to Rs4,72,686.80 crore.


Bharti Airtel's valuation jumped Rs8,760.41 crore to stand at Rs3,95,810.41 crore.


In contrast, the valuation of Hindustan Unilever Limited (HUL) declined by Rs12,217.88 crore to Rs5,55,560.85 crore.


HDFC Bank's valuation dipped by Rs2,854.33 crore to Rs8,56,439.28 crore.


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


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