Six of top-10 firms add ₹ 2.4 lakh crore in m-cap; TCS tops the chart - News Summed Up

Six of top-10 firms add ₹ 2.4 lakh crore in m-cap; TCS tops the chart


New Delhi: Six of the 10 most valuable domestic companies together added a staggering ₹2.4 lakh crore in market capitalisation last week, with TCS grabbing the lion's share. The m-cap of HDFC Bank climbed ₹12,917.96 crore to ₹6,99,704.93 crore and that of Kotak Mahindra Bank rallied ₹4,355.08 crore to ₹3,10,012.67 crore. ICICI Bank's valuation rose by ₹6,430.30 crore to ₹3,22,725.86 crore and that of SBI increased ₹5,488.63 crore to stand at ₹2,87,372.49 crore. Infosys' valuation declined by ₹1,932.77 crore to ₹3,02,349.51 crore and that of ITC fell by ₹12,041.92 crore to ₹3,07,990.46 crore. In the ranking of top-10 firms, RIL led the chart, followed by TCS, HDFC Bank, HUL, HDFC, ICICI Bank, Kotak Mahindra Bank, ITC, Infosys and State Bank of India (SBI).


Source: Mint November 17, 2019 05:48 UTC



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