5 of top-10 most valued firms gain Rs 67,843 crore in M-cap; HUL, Reliance lead winners


PTI

New Delhi, May 1

Five of the top-10 most valued firms together added Rs 67,843.33 crore in market valuation last week, with Hindustan Unilever Limited and Reliance Industries emerging as the biggest gainers.

While Reliance Industries, HDFC Bank, Hindustan Unilever, Bharti Airtel and HDFC emerged as the gainers from the top-10 pack, Tata Consultancy Services, Infosys, ICICI Bank, Adani Green Energy and State Bank of India were the laggards.

The market valuation of Hindustan Unilever jumped by Rs 25,234.61 crore to Rs 5,25,627.06 crore, the most among the top-10 firms.

The market capitalisation (m-cap) of Reliance Industries advanced by Rs 21,892.61 crore to reach Rs 18,87,964.18 crore.

HDFC Bank’s valuation climbed Rs 16,251.27 crore to Rs 7,68,052.87 crore and that of HDFC rallied Rs 3,943.09 crore to Rs 4,03,969.09 crore.

Bharti Airtel added Rs 521.75 crore, taking its valuation to Rs 4,06,245.26 crore.

In contrast, the market valuation of Tata Consultancy Services tumbled Rs 22,594.64 crore to Rs 12,98,999.83 crore.

The market capitalisation of Infosys tanked Rs 7,474.58 crore to Rs 6,59,587.97 crore.

The valuation of State Bank of India declined by Rs 3,480.6 crore to Rs 4,43,106.96 crore and that of ICICI Bank dipped Rs 2,600.14 crore to Rs 5,16,762.48 crore.

Adani Green’s valuation went lower by Rs 172.04 crore to Rs 4,51,577.84 crore.

For all the latest business News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.