HomeCURRENT AFFAIRSBUSINESS9 of the top 10 most valuable companies saw their market valuations...

9 of the top 10 most valuable companies saw their market valuations fall by a total of ₹1.22 lakh crore. Details here

Market Cap: Nine of the top ten most valuable companies saw their market valuations fall by a total of Rs. 1,22,092.9 crore last week, with Reliance Industries emerging as the biggest laggard.
The 30-share BSE benchmark fell 843.86 points, or 1.36 percent, last week.

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Companies that saw their market valuation fall

Except for HDFC Bank, the remaining nine companies, including Tata Consultancy Services (TCS), Infosys, ICICI Bank, and Hindustan Unilever, saw their market valuation fall.
Reliance Industries’ valuation fell by Rs. 29,767.66 crore to Rs. 17,35,405.81 crore.

TCS’s market valuation fell by Rs. 19,960.12 crore to Rs. 11,84,837.43 crore.

ICICI Bank’s valuation fell by 19,722.3 crore to 6,29,380.54 crore, while Infosys’ fell by 19,567.57 crore to 6,40,617.19 crore.

Hindustan Unilever’s market capitalisation (mcap) fell by 11,935.92 crore to 6,27,434.85 crore, while State Bank of India’s fell by 11,735.86 crore to 5,38,421.83 crore.

Adani Enterprises’ mcap fell by 1,903.8 crore to 4,53,617.85 crore, while Bharti Airtel’s fell by 7,204.38 crore to 4,57,325.46 crore.

HDFC’s mcap fell by 295.29 crore to 4,86,460.48 crore.

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HDFC Bank increased its valuation by adding 4,126.18 crore

However, HDFC Bank increased its valuation to 9,13,726.29 crore by adding 4,126.18 crore.

TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, Bharti Airtel, and Adani Enterprises remained the most valuable domestic firms.

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