Tag: mcap

  • Mcap of 6 of Top-10 Most Valued Firms Jump Rs 1 Lakh Crore; State Bank, ICICI Bank Top Gainers – News18

    Mcap of 6 of Top-10 Most Valued Firms Jump Rs 1 Lakh Crore; State Bank, ICICI Bank Top Gainers – News18

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    The combined market valuation of 6 of the top-10 most-valued firms surged Rs 1,07,366.05 crore last week, with State Bank of India and ICICI Bank becoming the biggest gainers.

    Last week, the BSE benchmark climbed 321.83 points, or 0.40 per cent.

    Last week, the BSE benchmark climbed 321.83 points, or 0.40 per cent.

    The combined market valuation of 6 of the top-10 most-valued firms surged Rs 1,07,366.05 crore last week, with State Bank of India and ICICI Bank becoming the biggest gainers. Leading stock exchanges BSE and NSE conducted a one-hour special ‘Muhurat Trading’ session on the occasion of Diwali on November 1, marking the start of the new Samvat 2081.

    Last week, the BSE benchmark climbed 321.83 points, or 0.40 per cent.

    While Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation.

    The valuation of State Bank of India jumped Rs 36,100.09 crore to Rs 7,32,755.93 crore.

    ICICI Bank added Rs 25,775.58 crore to Rs 9,10,686.85 crore in its market valuation.

    LIC’s valuation surged Rs 16,887.74 crore to Rs 5,88,509.41 crore and that of Reliance Industries soared Rs 15,393.45 crore to Rs 18,12,120.05 crore.

    ITC added Rs 10,671.63 crore, taking its market capitalisation (mcap) to Rs 6,13,662.96 crore.

    The valuation of Hindustan Unilever climbed Rs 2,537.56 crore to Rs 5,96,408.50 crore.

    However, the mcap of Infosys tanked Rs 38,054.43 crore to Rs 7,31,442.18 crore and that of Bharti Airtel slumped Rs 27,299.54 crore to Rs 9,20,299.35 crore.

    The valuation of TCS eroded Rs 26,231.13 crore to Rs 14,41,952.60 crore.

    The mcap of HDFC Bank declined Rs 3,662.78 crore to Rs 13,26,076.65 crore.

    Reliance Industries remained the most valuable firm of the country followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, ITC, Hindustan Unilever and LIC.

    (This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)

    News business » markets Mcap of 6 of Top-10 Most Valued Firms Jump Rs 1 Lakh Crore; State Bank, ICICI Bank Top Gainers

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  • Mcap of Nine of Top-10 Most Valued Firms Falls Rs 2 Lakh Crore as Markets Tumble – News18

    Mcap of Nine of Top-10 Most Valued Firms Falls Rs 2 Lakh Crore as Markets Tumble – News18

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    Reliance Industries retains the title of the most valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC.

    Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent.

    Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent.

    Nine of the top-10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit.

    Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent.

    “The dismal Q2 earnings so far have aggravated the investors’ woes while persistent FII selling continued to create havoc in the market,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

    From the top-10 pack, HDFC Bank emerged as the only winner.

    The market valuation of Hindustan Unilever eroded by Rs 44,195.81 crore to Rs 5,93,870.94 crore.

    Reliance Industries’ valuation tumbled Rs 41,994.54 crore to Rs 17,96,726.60 crore.

    State Bank of India’s market valuation plummeted by Rs 35,117.72 crore to Rs 6,96,655.84 crore, and that of Bharti Airtel tanked by Rs 24,108.72 crore to Rs 9,47,598.89 crore.

    The market capitalisation (mcap) of Tata Consultancy Services (TCS) dropped by Rs 23,137.67 crore to Rs 14,68,183.73 crore.

    The valuation of Life Insurance Corporation of India (LIC) diminished by Rs 19,797.24 crore to Rs 5,71,621.67 crore, and that of Infosys declined by Rs 10,629.49 crore to Rs 7,69,496.61 crore.

    ITC’s mcap fell by Rs 5,690.96 crore to Rs 6,02,991.33 crore, and that of ICICI Bank went lower by Rs 5,280.11 crore to Rs 8,84,911.27 crore.

    However, the mcap of HDFC Bank jumped Rs 46,891.13 crore to Rs 13,29,739.43 crore.

    Reliance Industries retained the title of the most valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC.

    (This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)

    News business » markets Mcap of Nine of Top-10 Most Valued Firms Falls Rs 2 Lakh Crore as Markets Tumble

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