Market capitalization of nine top companies increased by Rs 79,798 crore in last week

28 Nov 2022 , 10:26 AM

The market value of nine of the top ten corporations increased by a combined Rs 79,798.3 crore last week, with IT giants Tata Consultancy Services (TCS) and Infosys emerging as the largest gainers. The 30-share BSE Sensex increased 630.16 points or 1% over the previous week. The barometer reached a new closing high on Friday of 62,293.64.

Except for Adani Enterprises, all of the top ten companies in terms of valuation saw increases, including Reliance Industries, HDFC Bank, ICICI Bank, and Hindustan Unilever Limited.

• TCS’s market valuation increased from Rs 17,215.83 to Rs 12,39,997.62 billion. Infosys raised its valuation to Rs 6,86,211.59 crore by adding Rs 15,946.6 crore.

• The market value of Hindustan Unilever increased by Rs 12,535.07 crore to Rs 5,95,997.32 crore, while that of Reliance Industries increased by Rs 13,192.48 crore to Rs 17,70,532.20 crore.

• Market capitalization (mcap) for ICICI Bank increased by Rs 6,463.34 crore to Rs 6,48,362.25 crore, while it increased by Rs 5,451.97 crore to Rs 4,71,094.46 crore for Bharti Airtel.

• HDFC Bank’s market value increased by Rs 2,034.73 billion to Rs 9,01,523.93 billion. However, the value of Adani Enterprises fell by Rs 13,281.01 to Rs 4,44,982.34 billion.

• The market capitalization (mcap) of the State Bank of India increased by Rs 4,283.81 crore to Rs 5,42,125.54 crore, and that of HDFC increased by Rs 2,674.47 crore to Rs 4,87,908.63 crore.

The list of the highest-valued companies, which included Reliance Industries at the top, also included TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, Bharti Airtel, and Adani Enterprises.

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