Six of top-10 Indian firms add ₹62,773 crore in m-cap; HUL, RIL top the list

Six of the top-10 most valued Indian firms together added ₹62,772.95 crores in market valuation last week, with HUL and RIL emerging as the biggest gainers.

Among the top 10, Reliance Industries, TCS, HUL, Infosys, Kotak Mahindra Bank, and ITC witnessed gains in their market capitalization (m-cap) for the week ended Friday, while HDFC Bank, HDFC, ICICI Bank and SBI suffered losses.

HUL's valuation zoomed by ₹22,827.94 crore to ₹4,45,778.10 crore, topping the gainers' chart.

The market capitalization (m-cap) of RIL jumped by ₹20,890.58 crores to reach ₹10,02,009.11 crore.

Infosys added ₹12,605.57 crores to ₹3,26,999.39 crore in its m-cap and Kotak Mahindra Bank ₹2,599 crore to ₹3,24,455.51 crore.

The market cap of ITC rose by ₹2,273.86 crores to ₹2,94,802.65 crore and that of Tata Consultancy Services (TCS) went up by ₹1,576 crore to ₹8,32,297.69 crore. Among the laggards, SBI took the biggest hit as its m-cap plunged by ₹12,717.6 crore to ₹2,83,802.65 crore.

The market valuation of ICICI Bank plummeted by ₹6,040.83 crores to ₹3,43,477.06 crore and that of HDFC Bank dropped by ₹2,930.21 crore to ₹6,99,881.90 crore.

HDFC's m-cap fell by ₹726.19 crores to reach ₹4,24,293.86 crore.

In the ranking of top-10 firms, RIL was leading the pack followed by TCS, HDFC Bank, Hindustan Unilever (HUL), HDFC, ICICI Bank, Infosys, Kotak Mahindra Bank, ITC and SBI.

For the week, the Sensex advanced by 345.65 points or 0.83%