TCS Beats Every Indian Company To Register Highest Growth In Market Cap; Check Top 10 Firms!
Nine of India’s biggest domestic companies contributed Rs 2,22,591.01 crore in market valuation last week.
The top 3 of this lot were Reliance Industries Ltd (RIL, which is the leader), TCS (at number 2) and HDFC bank (at number 3).
India’s Top 10
The companies which gained market valuation last week and round up the ten biggest local firms of India comprise:
- Reliance Industries Ltd (RIL)
- Tata Consultancy Services (TCS)
- HDFC Bank
- Hindustan Unilever Ltd (HUL)
- ICICI Bank
- State Bank of India
- Bajaj Finance
- Kotak Mahindra Bank
Bajaj Finance: The Only Loser
Bajaj Finance is the only one from the list whose valuation declined to Rs 3,75,628.83 crore, a fall of Rs 344.05 crore.
RIL took its valuation to Rs 13,24,341.36 crore after gaining Rs 34,011.11 crore.
TCS’ market valuation rose to Rs 12,24,441.49 crore- a hike of Rs 52,766.97 crore.
HDFC Bank grew its market capitalization (m-cap) by Rs 37,563.09 crore to reach Rs 8,26,332.67 crore.
M-cap of Infosys rose by Rs 17,078.94 crore to Rs 7,02,898.22 crore.
HUL added Rs 8,705.23 crore to reach Rs 5,57,111.01 crore valuation.
ICICI Bank gained Rs 10,181.46 crore, taking valuation to Rs 4,83,030.92 crore.
HDFC saw its valuation grow to Rs 4,74,912.16 crore, an addition of Rs 34,173.81 crore.
State Bank added Rs 3,525.22 crore to reach Rs 3,88,800.70 crore.
Kotak Mahindra Bank
Kotak Mahindra Bank added Rs 24,585.18 crore, growing to Rs 3,52,708.11 crore.