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Eight of top 10 cos add Rs.93,225 cr in m-cap, ITC shines

IANS | New Delhi |

The combined market valuation of eight of the 10 most valued Indian companies rose by a whopping Rs.93,225.53 crore last week, with ITC stealing the show with maximum gains.

Barring SBI and ONGC, rest eight companies, including HDFC Bank and TCS, saw addition to their market capitalisation (m-cap) for the week ended 26 May.

The market valuation of ITC soared Rs.27,635.3 crore to Rs.3,74,928.98 crore, emerging as the biggest gainer among the top-10 entities.

HDFC Bank's m-cap zoomed Rs.16,864.28 crore to Rs.4,16,977.28 crore and that of TCS advanced by Rs 14,285.6 crore to Rs.5,08,232.48 crore.

The valuation of Infosys climbed Rs.8,797.3 crore to Rs.2,28,821.63 crore, while that of Maruti Suzuki India surged Rs.8,624.8 crore to Rs.2,13,671.80 crore.

HUL's m-cap jumped by Rs.7,174.82 crore to Rs.2,25,243.87 crore.

RIL saw its m-cap zoom by Rs.5,624.98 crore to Rs.4,34,326.63 crore and HDFC added Rs.4,218.45 crore to Rs.2,45,933.42 crore.