In the last trading week, Reliance Industries had the highest profit on the Sensex.
After that SBI’s market cap recorded the highest increase.
Reliance is the first and TCS is second among the most valuable companies of the Sensex.
New Delhi. The overall market capitalization of eight of the country’s 10 highest market cap companies increased by Rs 2,03,335.28 crore amid positive trend in equity markets last week. Of these, Reliance Industries Limited (RIL) benefited the most. Last week, the BSE Sensex had registered a strong gain of 1,378.18 points or 2.39 percent.
Out of the 10 most valuable companies in the country, except HDFC Bank and Bajaj Finance, the market capitalization of the remaining eight companies increased during this period. Reliance Industries, which is ranked as the country’s most valuable company, increased its value by Rs 68,296.41 crore last week. With this, the total capitalization of the company increased to Rs 16,72,365.60 crore.
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How much did the value of other companies increase?
The market cap of State Bank of India (SBI) increased by Rs 30,120.57 crore to Rs 5,00,492.23 crore during this period. The capitalization of ICICI Bank also increased by Rs 25,946.89 crore to Rs 6,32,264.39 crore during the period. The valuation of Hindustan Unilever Limited (HUL) rose by Rs 18,608.76 crore to Rs 6,23,828.23 crore. Bharti Airtel’s valuation increased by Rs 17,385.1 crore to Rs 4,43,612.09 crore. The market cap of ITC increased by Rs 16,739.62 crore to Rs 4,28,453.62 crore during this period. The market capitalization of Tata Consultancy Services (TCS) rose by Rs 15,276.54 crore to Rs 11,48,722.59 crore. At the same time, the market cap of Infosys increased by Rs 10,961.39 crore to Rs 6,31,216.21 crore.
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2 companies lost their value
HDFC Bank and Bajaj Finance, which were among the top 10 companies, recorded a decline in their capitalization last week. The market cap of HDFC Bank declined by Rs 4,878.68 crore to Rs 4,35,416.70 crore during this period. Similarly, the capitalization of HDFC Bank also declined by Rs 1,503.89 crore to Rs 8,01,182.91 crore.
Reliance continues to top
Amidst this ups and downs, Reliance Industries remains at the top of the most valuable company. TCS is second and HDFC Bank is third. With them comes ICICI Bank, Infosys, HUL, SBI, Bharti Airtel, Bajaj Finance and ITC.
Tags: BSE Sensex, Business news in hindi, market cap, Reliance industries, stock market
FIRST PUBLISHED : October 23, 2022, 12:37 IST