M-cap of top 8 Sensex cos advances over Rs 1.46 lakh cr

Top eight Sensex companies, led by energy major ONGC, added a whopping Rs 1,46,741 crore to their market valuation last week.

Amid a strong stock market where the benchmark Sensex gained 4.87 per cent or 1,179.12 points last week, eight companies from the top-10 list of India's most valuable firms saw surge in their market capitalisation (m-cap), including RIL, CIL, SBI and L&T.

ONGC was the star performer among the top-10 firms as its m-cap zoomed Rs 73,363.33 crore to Rs 3,96,974.74 crore. During the week, shares of the state-owned firm jumped 22.67 per cent.

The market value of RIL soared by Rs 17,731.12 crore to Rs 3,62,015.53 crore, while that of SBI skyrocketed Rs 14,203.56 crore to Rs 2,03,974.97 crore.

Larsen & Toubro's m-cap advanced by Rs 12,965.17 crore to Rs 1,56,611.55 crore and CIL added Rs 12,537.99 crore to Rs 2,46,969.85 crore.

Similarly, ICICI Bank's market value surged Rs 7,364.98 crore to Rs 1,71,292.04 crore and that of HDFC Bank rose by Rs 5,227.31 crore to Rs 1,96,215.21 crore.

Infosys m-cap went up by Rs 3,347.8 crore to Rs 1,72,259.37 crore.

In contrast, TCS lost Rs 11,781.75 crore to Rs 4,08,208.70 crore from its m-cap and ITC' value plunged Rs 3,618.7 crore to Rs 2,67,982.50 crore.

In the ranking of top-10 firms, TCS stood at number one position followed by ONGC, RIL, ITC, CIL, SBI, HDFC Bank, Infosys, ICICI Bank and Larsen.

EDITORIAL OF THE DAY

  • It is for the market, not the government to decide the fares of private air carriers

    In a country where substantial lip service is paid to the glories of a free economy and laissez faire, there is enough evidence to suggest that in rea

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

New masters of the Financial Times

A few days ago, Japan’s leading financial daily Nihon Keizai ...

Anuja Sharma

Focus mindfully to get the result

Have you ever tried to light a fire using the ...

Gautam Gupta

Our fashion schools need to notch it up

“Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture