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Reliance Industries leads the list of most valued firms

14.08.2022

The combined market valuation of six of the 10 most valued companies went up by Rs 1,56, 247.35 crore last week, with Reliance Industries Ltd RIL emerging as the biggest gainer.

While RIL, Tata Consultancy Services TCS HDFC Bank, ICICI Bank, HDFC and Bajaj Finance saw gains in their market cap m-cap in the holiday-shortened week, Infosys, HUL and LIC suffered losses.

On Tuesday, the stock markets were closed due to Muharram.

08 crore was compared to Rs 17,81, 028.47 crore. The m-cap of TCS went up by 12,642. 03 crore to Rs 12,44, 004.29 crore and that of HDFC Bank increased by Rs 32,346. 90 crore was lost to Rs 8,25, 207.35 crore.

The mcap of the ICICI Bank went up by 25,467. 37 crore was moved to Rs 6,08, 729.12 crore and that of HDFC rose by Rs 18,679. 93 crore was in the range of 4,45, 759.90 crore.

The market valuation of Bajaj Finance went up by 339.04 crore to Rs 4,42, 496.12 crore.

The mcap of Infosys fell by Rs 9,262 in comparison to that of India's mcap. 29 crore was spent on Rs 6,70, 920.64 crore. LIC saw an erosion of Rs 3,289 and 26 crore to Rs 6,09, 765.92 crore in its valuation. 00 crore was Rs 4,31, 459.72 crore.

The mcap of SBI was unchanged at Rs 4,73, 584.52 crore.

Reliance Industries retained the title of the most valued domestic company in the ranking of top 10 firms, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, SBI, HDFC, Bajaj Finance and TCS.

The key benchmark indices posted their fourth week of gains last week, as Sensex rose by 1,074 per cent or 1.83 per cent and Nifty by 300 points or 1.95 per cent on a weekly basis.