Nine of top-10 Indian firms add ₹1.47 trillion in m-cap, RIL hits ₹9 trillion mark - News Summed Up

Nine of top-10 Indian firms add ₹1.47 trillion in m-cap, RIL hits ₹9 trillion mark


NEW DELHI : Nine of the 10 most valued Indian companies together added a whopping ₹1.47 trillion in market valuation last week, with RIL and TCS grabbing the limelight with the maximum gains. Reliance Industries (RIL) on Friday added another feather to its cap by becoming the first Indian firm to hit the ₹9 trillion market valuation mark in intra-day trade. The m-cap of TCS soared ₹26,379.27 crore to ₹7,71,996.87 crore and that of HUL jumped ₹21,962.02 crore to ₹4,55,952.72 crore. HDFC Bank's valuation climbed ₹16,767.89 crore to ₹6,72,466.30 crore and that of HDFC advanced ₹14,728.66 crore to ₹3,61,801.97 crore. In the ranking of top-10 firms, RIL was at the top spot, followed by TCS, HDFC Bank, HUL, HDFC, Infosys, Kotak Mahindra Bank, ITC, ICICI Bank and SBI.


Source: Mint October 20, 2019 05:03 UTC



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