32 firms with Rs 100 bn m-cap

The current market rally has lifted the market capitalisation of 32 companies above the Rs 10,000 crore mark

In the January-February rally, which was the second time this year that the Bombay Stock Exchange Sensex crossed the 6,000-mark, 27 firms had seen their valuations soar past Rs 10,000 crore.

Besides the newly-listed Tata Consultancy Services and National Thermal Power Corporation (NTPC), which entered into this league on the listing day itself, four others have made the grade.

This include Grasim Industries, HCL Technologies, Larsen & Toubro (L&T) and Reliance Energy.

Dr Reddy's Laboratories moved out of the club as its m-cap has almost halved down to Rs 5,939 crore on November 17 from Rs 11,087 crore on January 2, 2004.

While Grasim's m-cap has risen from Rs 9,686 crore on January 2 to Rs 10,331 crore, the m-cap of HCL Technologies increased from Rs 9,264 crore to Rs 10,675 crore.

The m-cap of L&T rose to Rs 10,672 crore from Rs 6,680 crore and Reliance Energy's m-cap jumped up from Rs 9,696 crore to Rs 11,684 crore.