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Mcap of 8 of top-10 most valued firms erodes by Rs 3 trn; TCS hit hard

The combined market valuation of eight of the top-10 most valued firms eroded by Rs 3,09,244.57 crore in a holiday-shortened last week, with Tata Consultancy Services taking the biggest hit, in line with bearish trend in equities. Last week, the BSE benchmark gauge Sensex tanked 2,112.96 points or 2.80 per cent, and the NSE Nifty tumbled 671.2 points or 2.94 per cent. In February alone, the Nifty dropped 1,383.7 points or 5.88 per cent. The Sensex lost 4,302.47 points or 5.55 per cent. The market valuation of Tata Consultancy Services (TCS) plunged Rs 1,09,211.97 crore to Rs 12,60,505.51 crore, the most among the top-10 firms. With the sharp decline in its market valuation TCS slipped to the third rank in the top-10 most valued firms chart from the previous second place. HDFC Bank overtook TCS to become the second most valuable firm. The valuation of Infosys tanked Rs 52,697.93 crore to Rs 7,01,002.22 crore. Bharti Airtel's market valuation eroded by Rs 39,230.1 crore to Rs ...

Updated On: 02 Mar 2025 | 10:54 AM IST

Mcap of 8 of top-10 most valued firms erodes Rs 1.65 trn; TCS hit hard

The combined market valuation of eight of the top-10 most valued firms eroded Rs 1,65,784.9 crore last week, with Tata Consultancy Services (TCS) taking the biggest hit, in line with bearish trends in equities. Last week, the BSE benchmark declined 628.15 points, or 0.82 per cent, while the Nifty went lower 133.35 points, or 0.58 per cent. The market valuation of TCS tanked Rs 53,185.89 crore to Rs 13,69,717.48 crore. Bharti Airtel's market capitalisation (mcap) dropped Rs 44,407.77 crore to Rs 9,34,223.77 crore. The valuation of ICICI Bank tumbled Rs 18,235.45 crore to Rs 8,70,579.68 crore and that of Hindustan Unilever plunged Rs 17,962.62 crore to Rs 5,26,684.38 crore. Infosys faced an erosion of Rs 17,086.61 crore to Rs 7,53,700.15 crore from its market valuation. The mcap of ITC eroded Rs 11,949.42 crore to Rs 5,01,750.43 crore and that of HDFC Bank diminished Rs 2,555.53 crore to Rs 12,94,152.82 crore. State Bank of India's valuation declined Rs 401.61 crore to Rs 6,43,955

Updated On: 23 Feb 2025 | 9:48 AM IST

Zydus Life up 3% on mixed Q3, mcap tops Rs 1 trn; analysts split on outlook

Despite challenges from a lower-margin product mix, Zydus Life benefitted from forex gains and a favourable tax rate, which led to a PAT beat, analysts said

Updated On: 06 Feb 2025 | 10:23 AM IST

Mcap of 5 of top-10 valued firms tumbles Rs 1.85 trn; HDFC Bank hit hard

The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week, with HDFC Bank taking the biggest hit, in-line with a weak trend in domestic equities. Last week, the BSE benchmark slumped 1,844.2 points or 2.32 per cent, and the Nifty dropped 573.25 points or 2.38 per cent. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India and ITC faced erosion from their market valuations, Tata Consultancy Services (TCS), Bharti Airtel, Infosys, Hindustan Unilever and the latest entrant in the top-10 pack -- HCL Technologies, were the gainers. The market capitalisation (mcap) of HDFC Bank dropped by Rs 70,479.23 crore to Rs 12,67,440.61 crore. The Kolkata-based diversified entity ITC's valuation tumbled Rs 46,481 crore to Rs 5,56,583.44 crore. The mcap of State Bank of India slumped Rs 44,935.46 crore to Rs 6,63,233.14 crore and that of Reliance Industries eroded by Rs 12,179.13 crore to Rs 16,81,194.35 crore. ICICI Bank's valuati

Updated On: 12 Jan 2025 | 10:50 AM IST

Mcap of 4 of top-10 most valued firms erode by Rs 96,605 cr; HDFC Bank hit

The combined market valuation of four of the top-10 most valued firms eroded by Rs 96,605.66 crore last week, with HDFC Bank taking the biggest hit. While Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India suffered erosion from their valuation, Reliance Industries, Bharti Airtel, Infosys, ITC, Life Insurance Corporation of India (LIC) and Hindustan Unilever were the winners. Together they added Rs 82,861.16 crore in combined market valuation. The market valuation of HDFC Bank tumbled Rs 37,025.46 crore to Rs 13,37,919.84 crore. ICICI Bank's valuation slumped Rs 29,324.55 crore to Rs 8,93,378.50 crore. The market capitalisation (mcap) of TCS tanked Rs 24,856.26 crore to Rs 14,83,144.53 crore and that of State Bank of India declined Rs 5,399.39 crore to Rs 7,08,168.60 crore. However, the mcap of Reliance Industries surged Rs 41,138.41 crore to Rs 16,93,373.48 crore. The valuation of Hindustan Unilever soared Rs 15,331.08 crore to Rs 5,65,194.18 crore. T

Updated On: 05 Jan 2025 | 12:25 PM IST

Mcap of 6 of top 10 most valued firms climbs Rs 86,847.8 cr; HDFC, RIL lead

Six of the top-10 most valued firms together added Rs 86,847.88 crore in market valuation last week, with HDFC Bank and Reliance Industries emerging as the biggest gainers in line with an overall optimistic trend in equities. Last week, the BSE benchmark climbed 657.48 points or 0.84 per cent, and the Nifty rose 225.9 points or 0.95 per cent. While Reliance Industries, HDFC Bank, ICICI Bank, Bharti Airtel, ITC and Hindustan Unilever were the winners, Tata Consultancy Services (TCS), Infosys, State Bank of India and Life Insurance Corporation of India (LIC) suffered erosion from their market valuation. The market capitalisation (mcap) of HDFC Bank surged by Rs 20,235.95 crore to Rs 13,74,945.30 crore. Reliance Industries added Rs 20,230.9 crore, taking its valuation to Rs 16,52,235.07 crore. The valuation of ITC jumped Rs 17,933.49 crore to Rs 5,99,185.81 crore, and that of ICICI Bank climbed Rs 15,254.01 crore to Rs 9,22,703.05 crore. The market cap of Bharti Airtel soared Rs ...

Updated On: 29 Dec 2024 | 10:34 AM IST

Which newly listed stocks may see changes in Amfi stock reclassification?

Amfi stock rejig: Nuvama Alternative expects Vishal Mega to enter mid-cap category and One Mobikwik to enter small-cap category, based on potential post listing m-cap expectations

Updated On: 17 Dec 2024 | 9:46 AM IST

Mcap of 5 of top-10 most valued firms climb to Rs 1.13 trn; Airtel shines

Five of the 10 most valued firms added Rs 1,13,117.17 crore to their total market valuation last week with Bharti Airtel stealing the show. While Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank and Infosys were the gainers, Reliance Industries, State Bank of India, Life Insurance Corporation of India (LIC), ITC and Hindustan Unilever took a hit in their valuations. Last week, the BSE benchmark gained 623.07 points or 0.76 per cent and the Nifty advanced 90.5 points or 0.36 per cent. The market valuation of Bharti Airtel surged by Rs 47,836.6 crore to Rs 9,57,842.40 crore. Infosys added Rs 31,826.97 crore to its valuation at Rs 8,30,387.10 crore. HDFC Bank's valuation rose by Rs 11,887.78 crore to Rs 14,31,158.06 crore and that of ICICI Bank increased by Rs 11,760.8 crore to Rs 9,49,306.37 crore. The market capitalisation (mcap) of TCS climbed Rs 9,805.02 crore to Rs 16,18,587.63 crore. However, the mcap of Reliance Industries declined by Rs 52,031.98 crore

Updated On: 15 Dec 2024 | 10:33 AM IST

Mcap of 6 of top-10 valued firms jump Rs 2 trn; TCS, HDFC Bank lead gainers

The combined market valuation of six of the top-10 most-valued firms jumped Rs 2,03,116.81 crore last week, with Tata Consultancy Services and HDFC Bank emerging the biggest gainers, in-line with an optimistic trend at the Dalal Street. Last week, the BSE benchmark jumped 1,906.33 points, or 2.38 per cent, and the NSE Nifty climbed 546.7 points, or 2.26 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, and State Bank of India were the winners from the pack, Bharti Airtel, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever emerged the laggards. The market valuation of TCS surged Rs 62,574.82 crore to Rs 16,08,782.61 crore. HDFC Bank added Rs 45,338.17 crore taking its market valuation to Rs 14,19,270.28 crore. The valuation of Infosys jumped Rs 26,885.8 crore to Rs 7,98,560.13 crore and that of Reliance Industries soared Rs 26,185.14 crore to Rs 17,75,176.68 crore. State Bank of India's market capitalisation (

Updated On: 08 Dec 2024 | 11:31 AM IST

India's market capitalisation-to-GDP ratio third-highest despite correction

The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year. It is the highest on record after December 2007 and September

Updated On: 03 Dec 2024 | 11:18 PM IST

Mcap of 8 of 10 most-valued firms erode Rs 1.65 trn; SBI, HDFC top losers

Eight of the top-10 most valued firms together lost Rs 1,65,180.04 crore from market valuation in a holiday-shortened last week, with HDFC Bank and State Bank of India taking the hardest hit in line with a weak trend in equities. Last week, BSE benchmark Sensex fell by 1,906.01 or 2.39 per cent. Equity markets were closed on Friday for Guru Nanak Jayanti. "Mounting concerns over rising CPI inflation and persistent disappointments in corporate earnings weighed heavily on sentiment," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The valuation of HDFC Bank tanked by Rs 46,729.51 crore to Rs 12,94,025.23 crore. State Bank's market valuation eroded by Rs 34,984.51 crore to Rs 7,17,584.07 crore. The valuation of Hindustan Unilever slumped Rs 27,830.91 crore to Rs 5,61,329.10 crore, and that of Reliance Industries declined by Rs 22,057.77 crore to Rs 17,15,498.91 crore. The market capitalisation (mcap) of ITC dived Rs 15,449.47 crore to Rs 5,82,764.02 crore, and Bharti Airtel

Updated On: 17 Nov 2024 | 10:22 AM IST

This recently listed stock enters top-100 mcap club; jumps 127% in 6 days

At 02:16 pm, with a market cap of Rs 95,886 crore, Waaree was trading 12% higher at Rs 3,337.70, and stood at number 100th position beating Indian Hotels.

Updated On: 05 Nov 2024 | 2:51 PM IST

Mcap of 9 of top-10 most valued firms drops Rs 2 trn as markets tumble

Nine of the top-10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit. Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent. "The dismal Q2 earnings so far have aggravated the investors' woes while persistent FII selling continued to create havoc in the market," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. From the top-10 pack, HDFC Bank emerged as the only winner. The market valuation of Hindustan Unilever eroded by Rs 44,195.81 crore to Rs 5,93,870.94 crore. Reliance Industries' valuation tumbled Rs 41,994.54 crore to Rs 17,96,726.60 crore. State Bank of India's market valuation plummeted by Rs 35,117.72 crore to Rs 6,96,655.84 crore, and that of Bharti Airtel tanked by Rs 24,108.72 crore to Rs 9,47,598.89 crore. The market capitalisation (mcap) of Tata Consultancy Services (TCS) dr

Updated On: 27 Oct 2024 | 11:49 PM IST

Mcap of 4 of 10 most valued firms jumps Rs 81,151 cr; ICICI Bank top gainer

Four of the top-10 most-valued firms together added Rs 81,151.31 crore in market valuation last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the BSE benchmark declined 156.61 points, or 0.19 per cent. While HDFC Bank, Bharti Airtel, ICICI Bank, and the State Bank of India were the gainers, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, and Life Insurance Corporation of India (LIC) suffered a combined erosion of Rs 76,622.05 crore from their market valuation. ICICI Bank added Rs 28,495.14 crore, taking its market valuation to Rs 8,90,191.38 crore. The valuation of HDFC Bank jumped Rs 23,579.11 crore to Rs 12,82,848.30 crore. State Bank of India's market valuation climbed Rs 17,804.61 crore to Rs 7,31,773.56 crore and that of Bharti Airtel went up Rs 11,272.45 crore to Rs 9,71,707.61 crore. On the other hand, the market capitalisation (mcap) of Infosys slumped Rs 23,314.31 crore to Rs 7,80,126.10 crore. Th

Updated On: 20 Oct 2024 | 10:44 AM IST

Mcap of 9 of 10 valued firms erodes Rs 4.74 trn; RIL, HDFC Bank hit hard

Nine of the top-10 most valued firms together lost a whopping Rs 4,74,906.18 crore in market valuation last week, with Reliance Industries and HDFC Bank taking the steepest hit, in line with weak trends in equities. Markets faced heavy drubbing last week amid worsening tensions in the Middle East and foreign fund outflows. In a holiday-shortened week, the BSE benchmark plummeted 3,883.4 points, or 4.53 per cent. The valuation of Reliance Industries declined Rs 1,88,479.36 crore to Rs 18,76,718.24 crore. HDFC Bank's market valuation slumped Rs 72,919.58 crore to Rs 12,64,267.35 crore. Bharti Airtel's valuation plunged Rs 53,800.31 crore to Rs 9,34,104.32 crore and that of ICICI Bank tumbled Rs 47,461.13 crore to Rs 8,73,059.59 crore. The valuation of Life Insurance Corporation of India (LIC) plummeted Rs 33,490.86 crore to Rs 6,14,125.65 crore and that of Hindustan Unilever tanked Rs 27,525.46 crore to Rs 6,69,363.31 crore. The market capitalisation (mcap) of ITC dropped Rs 24,139

Updated On: 06 Oct 2024 | 10:07 AM IST

Investors lose Rs 10 trillion in the worst stock market crash since Aug 5

Amid an ongoing bloodbath at the Dalal-street on Thursday, investors lost a total of Rs 9.91 trillion in market capitalisation on the Bombay Stock Exchange (BSE) as of 3:20 PM

Updated On: 03 Oct 2024 | 4:03 PM IST

Cash-rich private sector promoters: Tata Sons continues to dominate in FY24

Premji sees over 2,100% jump in earnings from dividends, buybacks

Updated On: 16 Sep 2024 | 11:39 PM IST

Mcap of 9 of top-10 most valued firms jump Rs 2 trn; Bharti Airtel sparkles

Nine of the top-10 most valued firms together added Rs 2,01,552.69 crore in market valuation last week, with Bharti Airtel stealing the show, amid bullish investors' sentiment in equities. Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent. The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday. Bharti Airtel's valuation jumped Rs 54,282.62 crore to Rs 9,30,490.20 crore, becoming the biggest gainer among the top-10 firms. The market capitalisation (mcap) of ICICI Bank surged Rs 29,662.44 crore to Rs 8,80,867.09 crore. Tata Consultancy Services (TCS) added Rs 23,427.12 crore taking its valuation to Rs 16,36,189.63 crore. The mcap of Hindustan Unilever soared Rs 22,438.6 crore to Rs 6,89,358.33 crore and that of HDFC Bank zoomed Rs 22,093.99 crore to Rs 12,70,035.77 crore. The market valuation of Infosys climbed Rs 17,480.49 crore to Rs 8,07,299.55 crore and that of ITC rallied Rs 15,194.17 crore to Rs 6,42,531.82 crore. The valuation of Reliance

Updated On: 15 Sep 2024 | 10:39 AM IST

Mcap of 8 of valued firms surge Rs 1.53 trn; Airtel, Infosys top gainers

The combined market valuation of eight of the top-10 most valued firms surged Rs 1,53,019.32 crore last week, with Bharti Airtel and IT majors Infosys, Tata Consultancy Services emerging as the biggest gainers, in line with a record rally in equities. Last week, the BSE benchmark jumped 1,279.56 points or 1.57 per cent. Rallying for the ninth straight session on Friday, the 30-share BSE Sensex climbed 231.16 points or 0.28 per cent to settle at an all-time closing high of 82,365.77. During the day, it jumped 502.42 points or 0.61 per cent to hit a record intra-day peak of 82,637.03. The market valuation of Bharti Airtel soared Rs 47,194.86 crore to Rs 9,04,587.12 crore. Infosys added Rs 33,611.37 crore taking its valuation to Rs 8,06,880.50 crore. The valuation of Tata Consultancy Services (TCS) jumped Rs 31,784.9 crore to Rs 16,46,899.17 crore and that of ICICI Bank surged Rs 18,734.3 crore to Rs 8,66,374.41 crore. The market capitalisation (mcap) of Reliance Industries climbed

Updated On: 01 Sep 2024 | 10:41 PM IST

Mcap of 9 of top-10 valued firms add Rs 95,522 cr; RIL, TCS lead gainers

The combined market valuation of nine of the top 10 most valued firms jumped by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers. Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent higher at 81,086.21 on Friday. Last week, the BSE benchmark jumped 649.37 points or 0.80 per cent. The market capitalisation (Mcap) of Reliance Industries surged by Rs 29,634.27 crore to Rs 20,29,710.68 crore. The valuation of TCS jumped Rs 17,167.83 crore to Rs 16,15,114.27 crore and that of Hindustan Unilever by Rs 15,225.36 crore to Rs 6,61,151.49 crore. The Mcap of Bharti Airtel rallied by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore. ITC soared Rs 3,965.14 crore to Rs 6,32,364.24 crore, while State Bank of India added Rs 2,498.89 crore to Rs 7,27,578.99 crore. In addition, the valuation of Life Insurance Corporation of India jumped

Updated On: 25 Aug 2024 | 10:37 AM IST