Wednesday, March 20, 2013

RIL, TCS lead surge in m-cap of top-10 Sensex companies

BT Online Bureau    Mumbai   Last Updated: March 11, 2013  | 00:00 IST
RIL Chairman Mukesh Ambani
RIL Chairman Mukesh Ambani
Reliance Industries (RIL) and Tata Consultancy Services (TCS) emerged as the big winners as the combined market capitalisation (m-cap) of top-10 Sensex companies surged by a staggering Rs 83,488 crore last week.

The 30-share Bombay Stock Exchange (BSE) index Sensex rose 4 per cent to end the week at one-month high of 19,683.23.

IT major TCS, with an addition of Rs 16,558 crore to its m-cap, emerged as the top gainer among the top-10 most valued Indian companies. Its valuation stood at Rs 3,10,053 crore.

Mukesh Ambani-led RIL emerged as the second best performer, adding Rs 13,427 crore to its market worth and a valuation of Rs 2,75,343 crore.

Among others, HDFC Bank's market cap climbed Rs 8,590 crore to Rs 1,55,942 crore, SBI (Rs 7,704 crore to Rs 1,47,905crore) and ITC (Rs 5,662 crore to Rs 2,34,951 crore).

The m-cap of ICICI Bank jumped Rs 9,523 crore at Rs 1,31,364 crore, while ONGC's value shot-up by Rs 9,283 crore to Rs 2,78,652 crore.

HDFC Ltd's market value spurt by Rs 5,374 crore to Rs 1,25,239crore, CIL (Rs 3,821 crore to Rs 2,02,281 crore) and Infosys (Rs 3,546 crore to Rs 1,70,559 crore).

Arvind Kumar Pathak
PGDM 2nd
 

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