Mcap of Nine of Top-10 Most Valued Firms Surges by Rs 3.65 Lakh Cr; TCS Shines
- The combined market valuation of nine of India’s 10 most valued firms rose by ₹3.65 lakh crore last week.
- Tata Consultancy Services gained the most, adding ₹1,08,542.63 crore and reaching a valuation of ₹8,91,134.96 crore.
- Bharti Airtel and Infosys added ₹61,406.53 crore and ₹55,893.05 crore, respectively.
- Larsen & Toubro was the only firm among the top 10 to lose value, declining by ₹9,232.26 crore.
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The market cap of Reliance Industries, Bharti Airtel, HDFC Bank, ICICI Bank, TCS, State Bank of India, Bajaj Finance, Life Insurance Corporation of India and Infosys increased during the week. Contrary to the trend, Larsen & Toubro's market cap declined by Rs 9,232.26 crore - the combined market valuation of nine of the top 10 most valued firms surged by Rs 3.65 lakh crore last week. TCS biggest winner
Mcap of nine of top-10 most valued firms surges by Rs 3.65 lakh cr; TCS shines
Nine of the top ten most valued firms saw a substantial increase in market valuation last week. The BSE Sensex surged over two thousand points while the Nifty experienced significant growth. TCS, Bharti Airtel, and Infosys led the gains alongside other major firms like Reliance Industries and HDFC Bank. In contrast, Larsen & Toubro was the only firm to report a decline in market valuation.
Mcap of nine of top-10 most valued firms surges by Rs 3.65 lakh cr; TCS shines - OrissaPOST
New Delhi: The combined market valuation of nine of the top-10 most valued firms surged by Rs 3.65 lakh crore last week, with TCS, Bharti Airtel and Infosys emerging as the biggest winners, amid a bullish trend in equities. Last week, the BSE benchmark Sensex surged 2,256.94 points, or 3.11 per cent, and the NSE […]
Last week, the stock market saw a significant rally, resulting in an increase of ₹3.65 lakh crore in the market cap of nine of the country's top 10 companies.
Last week, the market cap of Tata Group's IT company TCS registered the highest increase of Rs 1,08,542.63 crore and it increased to Rs 8,91,134.96 crore.
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