Mcap of 6 of top-10 valued companies jump more than Rs 1.18 lakh cr, BFSI News, ET BFSI

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Six of the 10 most valued companies together added Rs 1,18,383.07 crore in market valuation last week, with major contribution coming in from Reliance Industries Limited. During the last week, the 30-share BSE benchmark jumped 619.07 points or 1.03 per cent.

While Reliance Industries Limited, Tata Consultancy Services, Infosys, HDFC, Bajaj Finance and Kotak Mahindra Bank were the gainers, HDFC Bank, Hindustan Unilever Limited, ICICI Bank and State Bank of India emerged as laggards.

The valuation of Reliance Industries Limited zoomed Rs 59,437.12 crore to reach Rs 16,44,511.70 crore.

Infosys added Rs 29,690.9 crore to take its market valuation to Rs 7,48,580.98 crore. HDFC’s valuation gained Rs 17,187 crore to Rs 5,41,557.77 crore and that of Tata Consultancy Services jumped Rs 5,715.04 crore to Rs 13,03,730.66 crore.

The market capitalisation (mcap) of Kotak Mahindra Bank rose by Rs 3,301.84 crore to Rs 4,11,183.32 crore and that of Bajaj Finance by Rs 3,051.17 crore to Rs 4,57,355.51 crore.

In contrast, the valuation of HDFC Bank Ltd diminished by Rs 22,545.39 crore to Rs 8,60,436.44 crore. State Bank of India’s market valuation declined by Rs 17,135.26 crore to Rs 4,56,270.76 crore.

The valuation of Hindustan Unilever Limited dipped by Rs 3,912.07 crore to reach Rs 5,65,546.62 crore and that of ICICI Bank by Rs 3,810.99 crore to Rs 5,39,016.40 crore.

In the ranking of most valued firms, Reliance Industries Limited was leading the chart followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Bajaj Finance, State Bank of India and Kotak Mahindra Bank. PTI SUM MR



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M-cap of eight of top-10 most-valued companies jumps over Rs 1.18 lakh cr, BFSI News, ET BFSI

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New Delhi, Nov 7 (PTI) Eight of the top-10 most valued companies together added Rs 1,18,930.01 crore in market valuation last week, with Tata Consultancy Services and State Bank of India (SBI) emerging as the lead gainers. Last week, the BSE benchmark gained 760.69 points or 1.28 per cent.

A special one-hour Muhurat trading session was held on Diwali (November 4) to mark the beginning of the traditional Hindu calendar year, called ‘Vikram Samvat’.

Markets were closed on Friday on the occasion of ‘Diwali Balipratipada’.

Reliance Industries Ltd and ICICI Bank were the only laggards from the top-10 list.

The market valuation of Tata Consultancy Services zoomed Rs 40,782.04 crore to reach Rs 12,98,015.62 crore.

SBI added Rs 25,033.54 crore taking its valuation to Rs 4,73,406.02 crore.

The valuation of Infosys jumped Rs 17,158.49 crore to Rs 7,18,890.08 crore and that of HDFC gained Rs 10,153.08 crore to Rs 5,24,370.77 crore.

Bajaj Finance added Rs 7,502.68 crore taking its valuation to Rs 4,54,304.34 crore.

The market capitalisation (m-cap) of Hindustan Unilever Ltd jumped Rs 6,978.29 crore to Rs 5,69,458.69 crore and that of HDFC Bank rallied Rs 6,453.41 crore to Rs 8,82,981.83 crore.

Kotak Mahindra Bank‘s valuation went higher by Rs 4,868.48 crore to Rs 4,07,881.48 crore.

In contrast, the market capitalisation of Reliance Industries Ltd (RIL) declined Rs 24,612.17 crore to Rs 15,85,074.58 crore.

ICICI Bank’s valuation dipped Rs 13,680.32 crore to Rs 5,42,827.39 crore.

In the ranking of top-10 firms, RIL remained the most-valued company, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, ICICI Bank, HDFC, State Bank of India, Bajaj Finance and Kotak Mahindra Bank.



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Mcap of five of top-10 most valued firms down by over Rs 1.42 lakh cr; HUL, RIL most hit, BFSI News, ET BFSI

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New Delhi, The combined market valuation of five of the top-10 most valued companies eroded by Rs 1,42,880.11 crore last week, with Hindustan Unilever, Reliance Industries and Tata Consultancy Services emerging as major laggards. Last week, the 30-share BSE benchmark Sensex declined by 484.33 points or 0.79 per cent. Market benchmarks — Sensex and Nifty — declined for the fourth consecutive session on Friday.

The market valuation of Hindustan Unilever Ltd (HUL) tumbled Rs 45,523.33 crore to reach Rs 5,76,836.40 crore.

Reliance Industries Ltd (RIL) valuation eroded by Rs 45,126.6 crore to Rs 16,66,427.95 crore and Tata Consultancy Services (TCS) market worth tanked by Rs 41,151.94 crore to Rs 12,94,686.48 crore.

The market capitalisation (Mcap) of Bajaj Finance plunged Rs 8,890.95 crore to Rs 4,65,576.46 crore and that of HDFC Bank Ltd fell by Rs 2,187.29 crore to Rs 9,31,371.72 crore.

In contrast, Kotak Mahindra Bank added Rs 30,747.78 crore taking its valuation to Rs 4,30,558.09 crore.

ICICI Bank‘s market valuation zoomed by Rs 22,248.14 crore to reach Rs 5,26,497.27 crore.

The valuation of HDFC jumped Rs 17,015.22 crore to Rs 5,24,877.06 crore and that of State Bank of India gained Rs 11,111.14 crore to Rs 4,48,863.34 crore.

Infosys added Rs 1,717.96 crore taking its valuation to Rs 7,29,410.37 crore.



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