Five of top-10 corporations lose Rs 1,07,160 cr in m-cap; Reliance Industries prime laggard

NEW DELHI: Five of the 10 most valued home companies suffered a mixed lack of Rs 1,07,160 crore in market valuation final week, with Reliance Industries Ltd (RIL) rising as the most important loser.
Tata Consultancy Services Ltd (TCS), HUL, Infosys Ltd and ICICI Bank Ltd had been the opposite bluechip companies that witnessed a drop of their market capitalisation (m-cap) final week. However, HDFC Bank, HDFC Ltd, Bajaj Finance Ltd and Bharti Airtel completed with good points.
RIL’s valuation tumbled Rs 69,378.51 crore to Rs 12,84,246.18 crore.
The m-cap of TCS plummeted Rs 4,165.14 crore to Rs 9,97,984.24 crore and that of Hindustan Unilever Ltd (HUL) dropped by Rs 16,211.94 crore to Rs 4,98,011.94 crore.
The market valuation of Infosys fell Rs 12,948.61 crore to Rs 4,69,834.44 crore and that of ICICI Bank declined Rs 4,455.eight crore to Rs 3,31,315.58 crore.
On the opposite hand, HDFC Bank added Rs 18,827.94 crore to its valuation at Rs 7,72,853.69 crore.
HDFC’s valuation rose by Rs 3,938.48 crore to Rs 4,19,699.86 crore and that of Kotak Mahindra Bank jumped Rs 23,445.93 crore to Rs 3,73,947.2 crore.
The market valuation of Bajaj Finance superior by Rs 20,747.08 crore to Rs 2,84,285.64 crore and that of Bharti Airtel Ltd rose by Rs 1,145.67 crore to Rs 2,63,776.2 crore.
RIL led the chart of top-10 valued corporations, adopted by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finance and Bharti Airtel Ltd.

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