RIL Emerges As Most Valued Firm

Reliance Industries Limited (RIL) has emerged as a stellar performer in terms of market capitalisation (m-cap). Nine out of 10 companies jointly added Rs 72,648.98 crore in market capitalisation in the previous week.

For the week ended on Friday, RIL, ITC, HDFC Bank, HDFC, Maruti Suzuki, HUL, Infosys, SBI and ONGC made gains in their m-cap. Meanwhile, Tata Consultancy Service (TCS) was the lone loser.

RIL’s m-cap soared Rs 35,946.06 crore to Rs 4,84,743.42 crore, ITC’s m-cap surged Rs 12,610.84 crore to 4,06,003.84 crore, Maruti Suzuki’s m-cap rose Rs 35,946.06 crore to Rs 4,84,743.42 crore.

Government owned, SBI saw a jump from Rs 35,946.06 crore to Rs 4,84,743.42 crore, HUL advanced from Rs 3,495.61 crore to Rs 2,37,604.09 crore.

HDFC Bank jumped Rs 3,371.79 crore to Rs 4,28,641.66 crore, whereas, HDFC's m-cap rose by Rs 2,046.87 crore to Rs 2,59,514.22 crore. TCS, on the other hand, dropped Rs 19,427.98 crore to Rs 4,46,450.15 crore.

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About Suhani Varma

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