RIL Market Valuation

The combined market valuation of seven of the 10 most valued firms climbed Rs 67,259.99 crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer, amid an overall optimistic trend in equities. Last week, the BSE benchmark climbed 819.41 points or 1.12 per cent. Markets saw just three trading sessions last week, as they were closed on Monday for Holi and Good Friday on March 29. The valuation of Reliance Industries jumped Rs 45,262.59 crore to reach Rs 20,14,010.63 crore. State Bank of India added Rs 5,533.26 crore, taking its market valuation to Rs 6,71,666.29 crore. The valuation of Life Insurance Corporation of India (LIC) climbed Rs 5,218.12 crore to Rs 5,78,484.29 crore, and that of ICICI Bank advanced Rs 4,132.67 crore to Rs 7,69,542.65 crore. The market capitalisation (mcap) of HDFC Bank went up by Rs 4,029.69 crore to Rs 11,00,184.60 crore, and that of Hindustan Unilever climbed Rs 2,819.51 crore to Rs 5,32,946.04 crore. ITC added Rs

Reliance Industries hit a high of Rs 2,950 in intra-day deals on Friday, while the market capitalisation stood at Rs 19.96 trillion at the highest point of the day.

The combined market valuation of five of the 10 most valued firms eroded by Rs 1,67,602.73 crore last week, with Reliance Industries taking the biggest hit. Last week, the Sensex lost 686.83 or 1.09 per cent amid an overall weak trend in equities. While Reliance Industries, TCS, Infosys, Bharti Airtel and ICICI Bank were the laggards from the top-10 pack, Hindustan Unilever, HDFC Bank, Adani Enterprises, SBI and HDFC emerged as the gainers. The valuation of Reliance Industries tumbled by Rs 76,821.01 crore to reach Rs 17,65,173.47 crore. Tata Consultancy Services' market capitalisation (mcap) declined by Rs 53,641.69 to Rs 12,04,797.55 crore. The valuation of Infosys eroded by Rs 29,330.33 crore to Rs 6,60,184.76 crore and that of Bharti Airtel fell by Rs 7,705.08 crore to Rs 4,64,529.84 crore. ICICI Bank's mcap diminished by Rs 104.62 crore to Rs 6,49,102.84 crore. However, Hindustan Unilever (HUL) added Rs 24,882.17 crore, taking its market valuation to Rs 6,39,370.77. HDFC B

Nine of the top-10 most valued firms faced a combined erosion of Rs 1,22,092.9 crore in market valuation last week amid weak trend in equities, with Reliance Industries emerging as the biggest laggard. Last week, the 30-share BSE benchmark declined 843.86 points or 1.36 per cent. Barring HDFC Bank, rest nine companies, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, witnessed decline in their market valuation. The valuation of Reliance Industries tanked Rs 29,767.66 crore to Rs 17,35,405.81 crore. TCS faced an erosion of Rs 19,960.12 crore to Rs 11,84,837.43 crore in its market valuation. The valuation of ICICI Bank plunged Rs 19,722.3 crore to Rs 6,29,380.54 crore and that of Infosys tumbled Rs 19,567.57 crore to Rs 6,40,617.19 crore. The market capitalisation (mcap) of Hindustan Unilever went lower by Rs 11,935.92 crore to Rs 6,27,434.85 crore and that of State Bank of India declined by Rs 11,735.86 crore to Rs 5,38,421.83 crore. Bharti .

Reliance Industries shares gained as much as Rs 32.9, or 1.4 per cent intraday, on the BSE on Monday, before finally closing trade at Rs 2,413.95 apiece

Shares of the market heavyweight gained 1.02 per cent to close at Rs 2,695.90 on the BSE.

Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)

The US-based bank has advised 25 transactions with values touching as much as $28 bn; BoFA is second in the chart

Continuing its rally, shares of Reliance Industries Ltd on Thursday zoomed 8.5 per cent and the company's market valuation rose to $199.64 billion in late afternoon trade

The oil-to-telecom conglomerate is now ranked 46th globally on market cap, according to stock market data

Business Standard brings to you a snapshot of the top events of the day

RIL stock valuations may surge 29% from current level; brokerages bet big on refinery business, Reliance Jio

The company on Thursday became the first Indian firm to hit the Rs 10 lakh crore market valuation mark following a spike in its share price.

At Rs 890, IRCTC is currently trading 2.8 times above the issue price of Rs 320

TCS had on August 10 surged past RIL to emerge as the country's most valued firm by market valuation

RIL continued to remain on the top in the domestic m-cap chart followed by TCS, HDFC Bank, ITC, HDFC, HUL, Maruti, SBI, ONGC and Infosys