The market capitalization of four of the top 10 companies increased by Rs 1.12 lakh crore
(PTI) Mumbai, Ta. Monday, May 25, 2020
Out of the increase in market capitalization of the country's 10 most valued companies last week, the market capitalization of four companies has increased by more than Rs 1.15 lakh crore. Tata Consultancy Services (TCS) topped the list. The other three companies are Bharti Airtel, Infosys and ITC Limited.
The combined market capitalization of Reliance Industries, Hindustan Unilever, HDFC Bank, HDFC Limited and Kotak Mahindra Bank has declined by Rs 2.50 crore on an aggregate basis. TCS's market capitalization rose by Rs 2,12.51 crore to Rs 2,8,6.51 crore last week. ITC Ltd's market cap has increased by Rs 4.5 crore to Rs 2,8,8 crore and Bharti Airtel's market cap has increased by Rs 21,8 crore to Rs 2,8,617 crore. While the market cap of Infosys has increased by Rs 12,017 crore to Rs 2,8,8 crore. Against this, HDFC Bank's market capitalization fell by Rs 2,08 crore to Rs 2,50,09 crore. HDFC Ltd's market capitalization fell by Rs 20.50 crore to Rs 2,6,8 crore and ICICI Bank's market cap fell by Rs 20,8 crore to Rs 1,2,8 crore.
The market cap of Reliance Industries fell by Rs 12,605 crore, while that of Kotak Mahindra Bank fell by Rs 3 crore to Rs 2,8,08 crore. Reliance Industries topped the list of top 10 companies.
It is followed by TCS, Hindustan Unilever, HDFC Bank, Bharti Airtel, Infosys, HDFC Limited, ITC, Kotak Mahindra Bank and ICICI Bank.
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