Page 3 - Mcap

Market cap of BSE-listed firms hits record high of Rs 331 trillion

The combined market capitalisation of BSE-listed firms hit an all-time high of Rs 331 lakh crore on Tuesday and is just shy of entering the landmark USD 4-trillion club. At the end of trade, the market capitalisation of BSE-listed companies reached Rs 3,31,05,425.71 crore, which translates to USD 3.97 trillion at the current exchange rate of 83.34, thanks to a fag-end recovery in the equity market after a highly volatile trade. On May 24, 2021, the market capitalisation of all listed companies on the BSE touched the USD 3-trillion mark. The 30-share BSE benchmark Sensex hit its all-time peak of 67,927.23 on September 15, this year. While the BSE benchmark Sensex has rallied 5,333.46 points, or 8.76 per cent, so far this year, the market capitalisation (mcap) of all listed firms at its platform has jumped Rs 48.67 lakh crore. The 30-share BSE Sensex climbed 204.16 points or 0.31 per cent to settle at 66,174.20 on Tuesday. "After last week's range-bound trend, markets registered ga

Mcap of six of top 10 firms jumps Rs 70,527.11 crore; RIL biggest gainer

The combined market valuation of six of the top 10 valued firms jumped Rs 70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers, Infosys, Tata Consultancy Services (TCS), State Bank of India and Bajaj Finance emerged as the laggards. Last week, the BSE benchmark climbed 287.11 points or 0.43 per cent. The market valuation of Reliance Industries rallied Rs 22,191.43 crore to Rs 15,90,408.31 crore, the most among the top 10 firms. Hindustan Unilever added Rs 17,222.5 crore taking its valuation to Rs 6,04,326.62 crore. The valuation of Bharti Airtel jumped Rs 16,953.01 crore to Rs 5,36,035.96 crore and that of ITC climbed Rs 7,607.26 crore to Rs 5,59,071.10 crore. The market capitalisation (mcap) of ICICI Bank rose Rs 4,581.64 crore to Rs 6,66,639.07 crore and that of HDFC Bank went up by Rs 1,971.27 crore to Rs 11,65,135.58 crore. However, the valuati

L&T's order book robust, mcap at peak, says Chairman Subrahmanyan

L&T's order book is robust, market cap and share price are at their highest levels, the company's newly-appointed Chairman & Managing Director S N Subrahmanyan said and asked employees to remain hungry for success. In his first letter to employees after taking charge as Chairman & Managing Director, Subrahmanyan said that the company is committed to keep doing things that make both India and the world proud. "We must believe in the power of technology and keep harnessing its tremendous potential to keep improving our productivity and efficiency," he wrote in the letter. Timely delivery and safe way of work, he said, must remain the way of life. Stating that digitalisation is impacting every aspect of business, he said that the there was a need to be ready for the future. "There are basic and massive changes occurring in the ecosystem, energy change, sustainability as a way of life...We must be ready to face it today and (I) am confident that together we will be able to do .

9 new entrants in Rs 1 trn m-cap club in '23; HAL, Varun Beverages make cut

Hindustan Aeronautics, Varun Beverages among firms to enter

TCS shares climb 3% post-earnings announcement, mcap jumps Rs 29,437 cr

Shares of Tata Consultancy Services (TCS) climbed almost 3 per cent on Thursday a day after the company reported a 16.83 per cent increase in its June quarter net profit to Rs 11,074 crore. The stock climbed 2.47 per cent to settle at Rs 3,340.65 on the BSE. During the day, it rallied 3.24 per cent to Rs 3,366. It was the biggest gainer among the BSE Sensex and NSE Nifty firms. At the NSE, it climbed 2.59 per cent to end at Rs 3,344.50. The company's market valuation jumped Rs 29,437.08 crore to Rs 12,22,361 crore in tandem with rally in the stock. A total of 2.69 lakh shares of the company were traded at the BSE and over 45.85 lakh shares on the NSE during the day. The rally in the stock was instrumental in helping equity markets trade firm. The 30-share BSE Sensex ended 164.99 points, or 0.25 per cent, higher at 65,558.89, and the NSE Nifty went up by 29.45 points, or 0.15 per cent, to 19,413.75. The Tata Group company had reported a net profit of Rs 9,478 crore in the year-ago

Mcap of BSE-listed firms at record high of Rs 297.94 trn; Sensex at peak

The market capitalisation of BSE-listed firms reached a record high of Rs 297.94 lakh crore in early trade on Monday as the benchmark Sensex hit the 65,000 mark for the first time ever amid bullish investor sentiments. The BSE benchmark jumped 514.08 points to hit its record high of 65,232.64 in early trade. The benchmark has been rallying for the fourth straight trading session on Monday. Thanks to the ongoing rally in equities, the market capitalisation (mcap) of BSE-listed companies jumped to Rs 2,97,94,780.47 crore in early trade. On Friday, the market capitalisation of BSE-listed firms touched an all-time high of Rs 296.48 lakh crore. From the Sensex pack, HDFC, HDFC Bank, UltraTech Cement, Tata Steel, Bajaj Finance, ICICI Bank, Mahindra & Mahindra, State Bank of India, Reliance Industries and Bajaj Finserv were the major gainers. Power Grid, Maruti, Larsen & Toubro, Tech Mahindra, Axis Bank, Hindustan Unilever and Asian Paints were among the laggards. In Asian markets, ..

Mcap of 6 most-valued firms fall by Rs 83,637.96 cr; TCS biggest laggard

Six of the top 10 most-valued firms suffered a combined erosion of Rs 83,637.96 crore in market valuation last week, with Tata Consultancy Services (TCS), Hindustan Unilever and Infosys taking the biggest hit, amid an overall tepid trend in equities. Last week, the BSE benchmark climbed 78.52 points or 0.12 per cent, while the Nifty gained 29.3 points or 0.15 per cent. The market valuation of TCS tumbled Rs 35,694.04 crore to Rs 11,74,720.15 crore, the most among the top 10 firms. Hindustan Unilever's valuation eroded by Rs 18,949.45 crore to Rs 6,19,281.77 crore and that of Infosys fell by Rs 13,549.34 crore to Rs 5,25,374.14 crore. The market capitalisation (mcap) of State Bank of India went lower by Rs 7,675.16 crore to Rs 5,16,378.05 crore and that of ITC tanked Rs 5,903.31 crore to Rs 5,44,906.44 crore. Bharti Airtel's mcap declined by Rs 1,866.66 crore to Rs 4,64,396.71 crore. However, Reliance Industries added Rs 18,233.31 crore taking its market valuation to Rs 16,79,156.

Mcap of 7 most-valued firms erodes by Rs 65,656 cr; RIL biggest laggard

The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 65,656.36 crore last week, with Reliance Industries taking the biggest hit, amid a muted trend in domestic equities. Last week, the BSE benchmark gained 45.42 points or 0.07 per cent, and the Nifty climbed 34.75 points or 0.18 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, ITC, Infosys and HDFC were the laggards, Hindustan Unilever, State Bank of India and Bharti Airtel witnessed addition in their market valuations. The market valuation of Reliance Industries eroded by Rs 34,910.54 crore to Rs 16,60,923.11 crore. ICICI Bank's valuation tumbled Rs 9,355.65 crore to Rs 6,55,197.93 crore and that of Infosys fell by Rs 7,739.51 crore to Rs 5,38,923.48 crore. The market capitalisation (mcap) of TCS declined by Rs 7,684.01 crore to Rs 12,10,414.19 crore and that of HDFC Bank dived Rs 5,020.13 crore to Rs 8,97,722.23 crore. ITC's valuation dipped Rs 621.4 cro

Mcap of top valued firms erodes by Rs 70,487 cr; RIL, TCS biggest laggards

Six of the 10 most valued firms faced a combined erosion of Rs 70,486.95 crore in their market valuation last week, with Reliance Industries and Tata Consultancy Services (TCS) taking the biggest hit following a weak trend in equities. While Reliance Industries, TCS, HDFC Bank, ITC, State Bank of India and HDFC were the laggards from the top 10 pack, ICICI Bank, Hindustan Unilever, Infosys and Bharti Airtel were the gainers. Last week, the BSE Sensex declined 298.22 points or 0.48 per cent. "Markets took a breather last week and shed half a per cent amid mixed cues. The beginning was upbeat, however, profit-taking in heavyweights across sectors pushed the index lower in the following sessions," Ajit Mishra, VP - Technical Research at Religare Broking Ltd, said. Among major losers, the market valuation of Reliance Industries fell by Rs 27,941.49 crore to Rs 16,52,702.63 crore and that of TCS eroded by Rs 19,027.06 crore to Rs 11,78,854.88 crore. HDFC Bank's valuation declined by Rs

Varun Beverages part of trillion-rupee club; growth strong across regions

Growth options of bottling company will help sustain current pace

Mcap of 9 of top 10 most valued firms jumps Rs 1.84trn; Reliance, SBI shine

Nine of the top-10 most valued firms together added Rs 1,84,225.43 crore in market valuation last week, with Reliance Industries Limited and State Bank of India emerging as the biggest gainers, in an overall bullish equity market trend. Last week, the BSE benchmark jumped 1,457.38 points or 2.44 per cent. Hindustan Unilever Limited was the only laggard from the top-10 pack. The market valuation of Reliance Industries zoomed Rs 48,238.78 crore to Rs 16,37,408.27 crore. State Bank of India's market capitalisation (mcap) jumped Rs 31,325.39 crore to Rs 5,15,887.19 crore. The mcap of ICICI Bank rallied Rs 23,472.25 crore to Rs 6,40,949.71 crore and that of ITC climbed Rs 21,003.35 crore to Rs 5,28,377.17 crore. The valuation of Tata Consultancy Services (TCS) advanced Rs 19,886.94 crore to Rs 11,76,750.92 crore and that of Bharti Airtel gained Rs 18,874.22 crore to Rs 4,45,509.68 crore. Infosys added Rs 10,447.1 crore taking its market valuation to Rs 5,19,662.10 crore. HDFC Bank's

8 of top 10 firms lose Rs 1.17 trn in mcap; Infosys biggest laggard

Eight of the 10 most valued firms faced a combined erosion of Rs 1,17,493.78 crore in market valuation in an overall weak trend in equities last week, with Infosys taking the biggest hit. Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank and ICICI Bank were among the eight companies that suffered a decline in their valuation. ITC and State Bank of India were the only gainers. Last week, the 30-share BSE Sensex fell by 775.94 points or 1.28 per cent. The market valuation of Infosys plummeted by Rs 66,854.05 crore to Rs 5,09,215 crore. Infosys Ltd on April 13 reported lower-than-expected growth in the fourth quarter net profit and gave a weak 4-7 per cent revenue growth guidance for FY24 amid tightening of IT budgets by clients following turmoil in the US banking sector. HDFC Bank's valuation tumbled Rs 10,880.5 crore to Rs 9,33,937.35 crore. ICICI Bank lost Rs 10,462.77 crore from its valuation which stood at Rs 6,17,477.46 crore and the market capitalisation (mcap) o

Mcap of nine of 10 most valued firms jumps Rs 2.34 trillion last week

Nine of the top 10 valued firms together added Rs 2,34,097.42 crore in market valuation amid a positive trend in equities last week, with Reliance Industries emerging as the biggest gainer. The 30-share BSE benchmark jumped 1,464.42 points or 2.54 per cent in a holiday-shortened last week. Equity markets were closed on Thursday on account of 'Ram Navami'. The market valuation of Reliance Industries zoomed Rs 86,317.26 crore to Rs 15,77,092.66 crore, the most among the top-10 firms. Tata Consultancy Services (TCS) added Rs 30,864.1 crore, taking its valuation to Rs 11,73,018.69 crore. HDFC Bank's market valuation rallied Rs 26,782.76 crore to Rs 8,98,199.09 crore and that of Infosys surged Rs 19,601.95 crore to Rs 5,92,289.92 crore. The market capitalisation (mcap) of Hindustan Unilever climbed Rs 18,385.55 crore to Rs 6,01,201.66 crore and that of ICICI Bank advanced Rs 17,644.35 crore to Rs 6,12,532.60 crore. State Bank of India's mcap went up by Rs 16,153.55 crore to Rs 4,67,38

Nine Adani firms end lower; group's combined mcap falls to Rs 6.81 trn

Stocks of nine out of ten listed firms of the Adani Group closed in the red on Monday, with the flagship Adani Enterprises tumbling over 9 per cent as investors continued to desert the counters. The conglomerate, whose business interests span from sea-ports to airports, edible oil and commodities, energy, and cement to data centres, has taken a drubbing on the bourses following a report by US short-seller Hindenburg Research labelling charges of stock manipulation and accounting fraud. The Adani group has vehemently dismissed the charges as lies, saying it complies with all laws and disclosure requirements. All the ten listed firms have together lost Rs 12.37 lakh crore (Rs 12,37,891.56 crore) in market valuation since the US short-seller came out with its report on January 24. The group's combined market capitalisation is now at Rs 6.81 lakh crore, down from Rs 19.19 lakh crore on January 24. As the decline in group firms further deepened on Monday, Adani Enterprises shares plunge

M-cap ranking: India worst-performing in 2023, United Kingdom now sixth

India's contribution to the world market cap too has slipped below 3 per cent after having topped 4 per cent in October 2022

Mcap of five of top-10 most valued firms jump Rs 95,337 cr last week

Five of the top 10 valued firms together added Rs 95,337.95 crore in their market valuation last week, with index major Reliance Industries Ltd contributing the most. Last week, the BSE benchmark climbed 319.87 points or 0.52 per cent. While Reliance Industries, ICICI Bank, HDFC, ITC and Bharti Airtel were the gainers from the top-10 pack, Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever and State Bank of India were the laggards. The market valuation of Reliance Industries rallied Rs 70,023.18 crore to Rs 16,50,677.12 crore. ITC's market capitalisation (mcap) jumped Rs 14,834.74 crore to Rs 4,75,767.12 crore. The valuation of ICICI Bank climbed Rs 6,034.51 crore to Rs 6,01,920.14 crore and that of Bharti Airtel advanced Rs 3,288.43 crore to Rs 4,32,763.25 crore. HDFC's mcap gained Rs 1,157.09 crore to Rs 4,92,237.09 crore. However, State Bank of India's valuation eroded by Rs 19,678.77 crore to Rs 4,73,807.64 crore. The mcap of Hindustan Unilever tanked R

Four of top-10 firms add Rs 82,481 cr in mcap; HDFC Bank, Adani Total shine

Four of the 10 most valued firms together added Rs 82,480.67 crore in market valuation last week, with HDFC Bank and Adani Total Gas emerging as the top gainers. While Infosys and HDFC were the other gainers, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, State Bank of India and Life Insurance Corporation of India (LIC) faced erosion from their market valuation. Last week, the 30-share BSE benchmark Sensex climbed 360.59 points or 0.59 per cent. The valuation of HDFC Bank rallied Rs 33,432.65 crore to Rs 9,26,187.54 crore, the most among the top-10 firms. Adani Total Gas, the new entrant to the coveted list, added Rs 22,667.1 crore, taking its market valuation to Rs 4,30,933.09 crore. HDFC's valuation jumped Rs 17,144.18 crore to Rs 4,96,067.07 crore and that of Infosys climbed Rs 9,236.74 crore to Rs 6,41,921.69 crore. However, the market capitalisation (mcap) of Hindustan Unilever tumbled Rs 17,246 crore to Rs 5,98,758.09 crore. The valua

Tata Motors shares jump 6%; market valuation climbs Rs 7,859.89 crore

Shares of Tata Motors jumped 6 per cent on Tuesday after the company-owned Jaguar Land Rover reported a 15 per cent increase in wholesales to 79,591 units for the third quarter ended December 2022. The stock rallied 6.07 per cent to settle at Rs 413.05 apiece on the BSE. During the day, it climbed 7.26 per cent to Rs 417.70. On the NSE, it gained 5.91 per cent to end at Rs 412.50 per share. It was the biggest gainer among the Sensex and Nifty components. The company's market valuation also zoomed Rs 7,859.89 crore to Rs 1,37,185.89 crore on the BSE. In volume terms, 19.60 lakh shares of the firm were traded on the BSE and over 5.40 crore shares were traded on the NSE during the day. In the broader market, the 30-share BSE Sensex tanked 631.83 points or 1.04 per cent to settle at 60,115.48. The company's retail sales for the third quarter stood at 84,827 units, up 5.9 per cent compared to the year-ago period, it said in a regulatory filing on Monday. Jaguar Land Rover (JLR) said

Tata group remains the top business group; Adani shines the brightest

The Adani group gained from a continued rally in its existing companies and the acquisition of Ambuja Cement, ACC, and NDTV last year

BFSI stocks flex muscles in Nifty50 this year, but still short of 2019 peak

The combined m-cap of 11 BFSI companies in Nifty50 is up 12.3% so far this year