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Sunday, September 22, 2024

Eight of the top-10 most valuable companies have a makeup of Rs. 2 lakh crore decreased; Reliance, TCS are lagging behind

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The combined market valuation of eight of the top-10 most valuable companies last week fell by Rs. 2,01,699.77 crore was reduced. Last week, the BSE benchmark fell 1,181.84 points or 1.43 percent.

The market valuation of Reliance Industries is Rs. 60,824.68 crore down to Rs. 19,82,282.42 crores.

Tata Consultancy Services (TCS) is valued at Rs. 34,136.66 crore reduced to Rs. 16,12,762.51 crores.

State Bank of India is valued at Rs. 29,495.84 crore reduced to Rs. 6,98,440.13 crore and Bharti Airtel valued at Rs. 28,379.54 crore reduced to Rs. 8,76,207.58 crores.

Infosys’ market capitalization (mcap) is Rs. 17,061.44 crore reduced to Rs. 7,89,819.06 crore and the market capitalization of Life Insurance Corporation of India (LIC) stood at Rs. 16,381.74 crore reduced to Rs. 6,57,009.14 crores.

ICICI Bank’s mcap is Rs. 15,169.76 crore reduced to Rs. 8,51,204.65 crore and ITC Rs. 250.11 crore reduced to Rs. 6,27,337.65 crores.

However, Hindustan Unilever has Rs. 14,179.78 crore was added, with a market value of Rs. 6,66,919.73 crores.

HDFC Bank MCap Rs. 3,735.35 crore increased to Rs. 12,47,941.78 crores.

Reliance Industries remained the most valued domestic company followed by TCS, HDFC Bank, Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, LIC and ITC.

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