Market Insight
·4 min read

6 of the top-10 most-valued companies have a makeup of Rs. 1.55 lakh crore decreased; Reliance is the last

PratapDarpan

In line with the overall weak trend in equities, Reliance Industries was the biggest laggard in the combined market valuation of six of the top 10 most valuable companies last week at Rs. 1,55,721.12 crore was reduced. Last week, the BSE benchmark fell 237.8 points or 0.29 percent.

While Reliance Industries, Bharti Airtel, ICICI Bank, ITC, Hindustan Unilever and Life Insurance Corporation of India (LIC) faced erosion in their market valuations, Tata Consultancy Services (TCS), HDFC Bank, Infosys and State Bank of India were among the worst. profiteers

Reliance Industries is valued at Rs. 74,563.37 crore reduced to Rs. 17,37,556.68 crores.

Bharti Airtel is valued at Rs. 26,274.75 crore reduced to Rs. 8,94,024.60 crores.

ICICI Bank’s market cap is Rs. 22,254.79 crore reduced to Rs. 8,88,432.06 crore and the market value of ITC was Rs. 15,449.47 crore reduced to Rs. 5,98,213.49 crores.

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    LIC’s market capitalization (mcap) is Rs. 9,930.25 crores down to Rs. 5,78,579.16 crore and the market capitalization of Hindustan Unilever stood at Rs. 7,248.49 crores down to Rs. 5,89,160.01 crores.

    However, TCS is valued at Rs. 57,744.68 crore increased to Rs. 14,99,697.28 crores.

    Infosys’ mcap is Rs. 28,838.95 crore increased to Rs. 7,60,281.13 crore and State Bank of India Rs. 19,812.65 crore to Rs. 7,52,568.58 crores.

    HDFC Bank Rs. 14,678.09 crore added, valued at Rs. 13,40,754.74 crores.

    Reliance Industries remained the country’s most valuable company after TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC.

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