Top 10 Firms’ Valuation: HUL Leads the Gains
New Delhi, April 13 (PTI) – The combined market valuation of five out of the top-10 most valued firms rose by Rs 84,559.01 crore during the holiday-shortened week, with Hindustan Unilever emerging as the biggest gainer.
Last week, the BSE benchmark Sensex fell by 207.43 points, or 0.27%, while the NSE Nifty dropped by 75.9 points, or 0.33%. Indian stock markets were closed on Thursday for Shri Mahavir Jayanti.
Among the gainers were Reliance Industries, Bharti Airtel, Hindustan Unilever, Bajaj Finance, and ITC. In contrast, HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, and Infosys experienced a decline in their market valuations.
Hindustan Unilever’s market value surged by Rs 28,700.26 crore, reaching Rs 5,56,054.27 crore. Reliance Industries added Rs 19,757.27 crore to its market capitalization, which now stands at Rs 16,50,002.23 crore.
ITC’s valuation increased by Rs 15,329.79 crore to Rs 5,27,845.57 crore, and Bajaj Finance saw a rise of Rs 12,760.23 crore, bringing its market value to Rs 5,53,348.28 crore. Bharti Airtel’s market capitalization climbed by Rs 8,011.46 crore, reaching Rs 10,02,030.97 crore.
However, TCS saw a decline in its market value by Rs 24,295.46 crore, bringing its market capitalization to Rs 11,69,474.43 crore. Infosys experienced a decrease of Rs 17,319.11 crore in its market valuation, which now stands at Rs 5,85,859.34 crore.
State Bank of India’s market capitalization fell by Rs 12,271.36 crore to Rs 6,72,960.97 crore, while ICICI Bank’s valuation dropped by Rs 8,913.09 crore to Rs 9,34,351.86 crore. HDFC Bank saw its market valuation decline by Rs 7,958.31 crore, bringing it down to Rs 13,82,450.37 crore.
Reliance Industries remains the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, Bajaj Finance, and ITC.
