27 Jun , 2021 By : Kanchan Joshi
Six of the 10 most valued companies added Rs1,11,220.5 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 Rs30,961.06 crore to Rs12,50,538.30 crore, the most among the top-10 firms. Infosys added Rs29,807.59 crore to its valuation which stood at Rs6,70,915.93 crore last week.
The market valuation of HDFC Bank jumped Rs19,838.88 crore to Rs8,36,426.69 crore and that of State Bank of India by Rs14,234.76 crore to Rs3,82,642.72 crore. ICICI Bank's valuation rose by Rs12,775.99 crore to Rs4,49,166.77 crore and that of HDFC by Rs3,602.22 crore to Rs4,52,778.40 crore.
In contrast, Reliance Industries' market capitalisation declined by Rs76,548.77 crore to rs13,34,009.02 crore. HUL's mcap diminished by Rs7,424.7 crore to Rs5,75,449.55 crore and that of Kotak Mahindra Bank by Rs5,084.82 crore to Rs3,43,934.41 crore.
Bajaj Finance's mcap declined by Rs763.55 crore to Rs3,66,662.44 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.
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