Nine of the top-10 companies add Rs 1.88 lakh cr to m-cap; ITC Biggest Winner

Nine of the 10 most valued companies combined added Rs 1.88 lakh crore in market valuation last week, with ITC emerges as the biggest winner. The 30-stock BSE benchmark Sensex rose 1,510.98 points or 2.54 percent last week.

to block dependent industries Limited, other nine firms including Tata Consultancy Services (TCS), HDFC Bank, infosys and ICICI Bank were the winners of the top-10 list.

The combined market valuation gain of the nine companies amounted to Rs 1,88,366.69 crore.

The market valuation of ITC rose Rs 43,321.81 crore to reach Rs 4,72,353.27 crore.

Infosys added Rs 34,043.38 crore bringing the valuation to Rs 6,72,935.25 crore.

The market valuation of ICICI Bank rose Rs 32,239.66 crore to Rs 6,02,749 crore and that of TCS zoomed Rs 26,143.92 crore to Rs 12,74,026.80 crore.

The market capitalization (mcap) of HDFC Bank rose Rs 23,900.84 crore to Rs 9,25,188.45 crore and that of Bharti Airtel climbed Rs 10,432.23 crore to Rs 4,42,015.45 crore.

Hindustan Unilever’s valuation rose Rs 7,988.61 crore to Rs 6,21,678.35 crore and that of HDFC gained Rs 6,503.28 crore to Rs 4,92,313.07 crore.

The mcap of the State Bank of India climbed Rs 3,792.96 crore to Rs 4,85,900.49 crore.

However, Reliance Industries mcap fell by Rs 5,885.97 crore to Rs 15,75,715.14 crore.

In the ranking of top 10 companies, Reliance Industries retained the title of most valued domestic company, followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, State Bank of India, ITC and Bharti Airtel.