Mcap of seven of top-10 most valued firms erode by Rs 1.22 lakh crore; TCS, Reliance biggest laggards - News Summed Up

Mcap of seven of top-10 most valued firms erode by Rs 1.22 lakh crore; TCS, Reliance biggest laggards


ADVERTISEMENTThe market valuation of country's largest IT firm Tata Consultancy Services (TCS) tumbled Rs 35,638.16 crore to Rs 15,01,723.41 crore. ITC's valuation dropped Rs 18,761.4 crore to Rs 6,10,933.66 crore, while that of Hindustan Unilever Ltd's mcap was down Rs 16,047.71 crore to Rs 6,53,315.60 crore. The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) tanked Rs 13,946.62 crore to Rs 6,00,179.03 crore and that of ICICI Bank eroded Rs 11,363.35 crore to Rs 8,61,696.24 crore. However, Bharti Airtel added Rs 26,330.84 crore, taking its market valuation to Rs 9,60,435.16 crore. The mcap of Infosys climbed Rs 6,913.33 crore to Rs 8,03,440.41 crore and that of State Bank of India was up Rs 3,034.36 crore to Rs 7,13,968.95 crore.


Source: The Telegraph October 14, 2024 04:37 UTC



Loading...
Loading...
  

Loading...