{"id":132064,"date":"2023-04-02T08:37:05","date_gmt":"2023-04-02T08:37:05","guid":{"rendered":"https:\/\/fin2me.com\/?p=132064"},"modified":"2023-04-02T08:37:05","modified_gmt":"2023-04-02T08:37:05","slug":"mcap-of-9-most-valued-firms-jumps-rs-2-34-lakh-cr","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/mcap-of-9-most-valued-firms-jumps-rs-2-34-lakh-cr\/","title":{"rendered":"Mcap of 9 most valued firms jumps Rs 2.34 lakh cr"},"content":{"rendered":"
Nine of the top 10 valued firms together added Rs 2,34,097.42 crore in market valuation amid a positive trend in equities last week, with Reliance Industries emerging as the biggest gainer.<\/p>\n
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The 30-share BSE benchmark jumped 1,464.42 points or 2.54 per cent in a holiday-shortened last week.<\/p>\n
Equity markets were closed on Thursday on account of ‘Ram Navami’.<\/p>\n
The market valuation of Reliance Industries zoomed Rs 86,317.26 crore to Rs 15,77,092.66 crore, the most among the top-10 firms.<\/p>\n
Tata Consultancy Services (TCS) added Rs 30,864.1 crore, taking its valuation to Rs 11,73,018.69 crore.<\/p>\n
HDFC Bank’s market valuation rallied Rs 26,782.76 crore to Rs 8,98,199.09 crore and that of Infosys surged Rs 19,601.95 crore to Rs 5,92,289.92 crore.<\/p>\n
The market capitalisation (mcap) of Hindustan Unilever climbed Rs 18,385.55 crore to Rs 601,201.66 crore and that of ICICI Bank advanced Rs 17,644.35 crore to Rs 612,532.60 crore.<\/p>\n
State Bank of India’s mcap went up by Rs 16,153.55 crore to Rs 467,381.93 crore and that of HDFC jumped Rs 12,155.78 crore to Rs 482,001.12 crore.<\/p>\n
The mcap of ITC advanced Rs 6,192.12 crore to Rs 476,552.34 crore.<\/p>\n
However, Bharti Airtel’s valuation diminished by Rs 7,387.05 crore to Rs 417,577.59 crore.<\/p>\n
Reliance Industries continued to remain the most valued firm followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, HDFC, ITC, State Bank of India and Bharti Airtel.<\/p>\n