Five of the top 10 most valuable companies have an m-cap of Rs. 1.54 lakh crore increased; TCS Biggest Winner

The combined market valuation of five of the top-10 most valuable companies last week was Rs. 1.54 lakh crore surged, with IT major TCS emerging as the biggest winner in line with the positive trend in equities.

Last week, the BSE benchmark Sensex climbed 582.06 points or 0.75 percent, and the NSE Nifty gained 127.4 points or 0.52 percent.

“Indian equity markets ended the week on a firmer footing, extending their recovery despite rising geopolitical tensions, rising crude oil prices and continued uncertainty around the global interest rate outlook.

Ajit Mishra – SVP, Research, Religare Broking Ltd said, “Sentiment was supported by encouraging Q1 FY27 earnings from the IT sector as TCS closed with weekly gains of around 10 per cent, renewed buying interest in financial stocks and resilience in domestic economic fundamentals.”

While Reliance Industries, ICICI Bank, State Bank of India, Tata Consultancy Services (TCS) and Bajaj Finance emerged as beneficiaries, HDFC Bank, Bharti Airtel, Life Insurance Corporation of India (LIC), Larsen & Toubro and Hindustan Unilever faced erosion in their valuations.

TCS Rs. 72,072.3 crore added, with a market value of Rs. 8,20,672.70 crores.

The country’s largest IT services company reported a 4.61 percent increase in its June-quarter net profit to Rs. 13,349 crore and guided for improvement in returning demand in the current quarter, impacted by the West Asian crisis.

ICICI Bank is valued at Rs. 29,062.06 crore increased to Rs. 10,34,441.77 crore and Reliance Industries valued at Rs. 23,884.93 crore increased to Rs. 17,95,091.26 crores.

Bajaj Finance is valued at Rs. 21,946.5 crore to Rs. 6,57,274.28 crore and State Bank of India valuation of Rs. 7,338.34 crore increased to Rs. 9,63,768.78 crores.

However, Larsen & Toubro’s market capitalization (mcap) is Rs. 18,097.72 crore reduced to Rs. 5,24,840.68 crores.

LIC is valued at Rs. 12,080.75 crore reduced to Rs. 5,48,124.30 crores.

Bharti Airtel’s mcap is Rs. 7,706.45 crores down to Rs. 11,91,067.77 crore and HDFC Bank’s share Rs. 7,084.61 crore reduced to Rs. 12,62,369.81 crores.

Hindustan Unilever’s mcap is Rs. 1,221.79 crores down to Rs. 5,03,775.86 crores.

Reliance Industries remained the most valuable company followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, LIC, Larsen & Toubro and Hindustan Unilever.