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  Business   Companies  31 May 2020  Seven of top-10 Indian companies add Rs 1.76 lakh cr in m-cap; HDFC Bank shines

Seven of top-10 Indian companies add Rs 1.76 lakh cr in m-cap; HDFC Bank shines

PTI
Published : May 31, 2020, 11:30 am IST
Updated : May 31, 2020, 11:30 am IST

RIL, HUL, HDFC, ITC, Kotak Mahindra Bank and ICICI Bank were the other winners in the top-10 list

 HDFC Bank's valuation zoomed Rs 61,612.11 crore to reach Rs 5,21,660.14 crore. (PTI Photo)
  HDFC Bank's valuation zoomed Rs 61,612.11 crore to reach Rs 5,21,660.14 crore. (PTI Photo)

New Delhi: Seven of the 10 most valued Indian companies added a whopping Rs 1,76,014.51 crore to their market capitalisation last week, with HDFC Bank emerging as the biggest gainer.

RIL, HUL, HDFC, ITC, Kotak Mahindra Bank and ICICI Bank were the other winners in the top-10 list, while TCS, Bharti Airtel and Infosys finished with losses for the week ended Friday.

 

HDFC Bank's valuation zoomed Rs 61,612.11 crore to reach Rs 5,21,660.14 crore.

The market capitalisation of ICICI Bank jumped Rs 26,487.04 crore to Rs 2,15,029.01 crore and that of HDFC rallied Rs 24,733.64 crore to Rs 2,87,407.32 crore.

Reliance Industries Limited added Rs 21,300.4 crore to its market valuation to stand at Rs 9,28,849.39 crore.

The valuation of Hindustan Unilever Ltd (HUL) climbed Rs 16,093.85 crore to Rs 4,83,262.07 crore and that of ITC rose by Rs 13,644.38 crore to Rs 2,42,710.11 crore.

Kotak Mahindra Bank added Rs 12,143.09 crore to its valuation to reach Rs 2,34,192.24 crore.

In contrast, Bharti Airtel's valuation tanked Rs 22,149.56 crore to Rs 3,01,364.99 crore and that of TCS fell Rs 17,786.3 crore to Rs 7,39,801.41 crore.

 

Infosys' market cap dipped by Rs 375.34 crore to Rs 2,94,453.42 crore.

In the ranking of top-10 firms, RIL was at the number one spot, followed by TCS, HDFC Bank, HUL, Bharti Airtel, Infosys, HDFC, ITC, Kotak Mahindra Bank and ICICI Bank.

During the last week, the Sensex rallied 1,751.51 points or 5.71 per cent.

Tags: indian companies, market capitalisation, hdfc bank, ril, hul, hdfc, itc, kotak mahindra bank and icici bank
Location: India, Delhi, New Delhi