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Home Business Industries

4 out of top 10 companies, m-cap increased by Rs 1.15 lakh crore, RILs benefit the most

Business News by Business News
January 24, 2021
in Industries
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4 out of top 10 companies, m-cap increased by Rs 1.15 lakh crore, RILs benefit the most
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Apart from Reliance Industries, the market cap of Tata Consultancy Services (TCS), Hindustan Unilever Limited and Bajaj Finance increased in the week under review.

The market capitalization (market cap) of four of the top 10 Sensex companies increased by Rs 1,15,758.53 crore last week. During this period, the market capitalization of Reliance Industries increased by Rs 71,033.44 crore. The Sensex lost 156.13 points or 0.31 per cent during the whole week. Apart from Reliance Industries, the market cap of Tata Consultancy Services (TCS), Hindustan Unilever Limited and Bajaj Finance increased in the week under review.

However, valuations of HDFC Bank, Infosys, HDFC, ICICI Bank, Kotak Mahindra Bank and Bharti Airtel declined by Rs 48,941.18 crore in aggregate. Reliance Industries’ mCap rose by Rs 71,033.44 crore to Rs 12,99,363.47 crore in the week under review. Similarly, the market capitalization of Tata Consultancy Services increased by Rs 26,191.64 crore to Rs 12,39,562.76 crore, Hindustan Unilever Ltd. increased by Rs 13,357.22 crore to Rs 5,65,949.36 crore and Bajaj Finance increased by Rs 5,176.23 crore to reach Rs 2,99,332.25 crore. Gone.

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How much loss to the remaining 6 companies

In contrast to this trend, the market cap of Bharti Airtel decreased by Rs 13,993.5 crore to Rs 3,14,703.83 crore, HDFC Bank by Rs 12,502.38 crore to Rs 7,95,112.89 crore, HDFC by Rs 7,677.82 crore to Rs 4,66,123.79 crore. Similarly, Kotak Mahindra Bank’s market capitalization declined by Rs 6,416.75 crore to Rs 3,62,665.26 crore, ICICI Bank by Rs 6,370.02 crore to Rs 3,68,375.92 crore and Infosys by Rs 1,980.71 crore to Rs 5,70,976.45 crore.

Why include debt funds in long term portfolios? Emergency will work with emergency with tax benefits

RIL has the highest market cap

Reliance Industries remained the highest-rated company last week. It is followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, Bharti Airtel and Bajaj Finance Limited respectively.

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