Fed up with Ads? Install Filmytales app for news without ads
new Delhi5 days ago
- Copy link
TCS may beat RIL this week in terms of market cap.
- TCS tops market cap by Rs 72,102 crore
- Reliance Industries has the highest market cap of Rs 34,296 crore
Last week, there was an upward trend in the domestic stock markets. This has resulted in an increase of Rs 1,37,396.66 crore in the market cap of 7 of the top 10 companies of the Bombay Stock Exchange (BSE). During this time, Tata Consultancy Services (TCS) emerged as the biggest gainer. The BSE Sensitive Index Sensex gained 913.53 points or 1.90% in the previous week.
TCS market cap of Rs 11.70 lakh crore
The market cap of TCS increased by Rs 72,102.07 crore in the BSE last week. With this, the company’s market cap has increased to Rs 11,70,875.36 crore. The market cap of IT company Infosys has risen by Rs 21,894.28 crore to Rs 5,58,772.73 crore. Private Lender HDFC’s market cap has increased by Rs 15,076.62 crore to Rs 4,77,663.03 crore. Telecom company Bharti Airtel has a market cap of Rs 13,720.73 crore to Rs 2,94,736.49 crore.
ICICI Bank’s market cap increased by Rs 10,054 crore
The market cap of ICICI Bank, listed on the BSE, increased by Rs 10,054.48 crore last week. Now the bank’s market cap has reached Rs 3,74,253.88 crore. At the same time, HDFC Bank’s market cap has risen by Rs 3,855.36 crore to Rs 7,88,613.86 crore. The market cap of FMCG company Hindustan Unilever Limited (HUL) has risen by Rs 693.12 crore to Rs 5,61,626.18 crore.
Reliance’s market cap reduced by Rs 34,296 crore
Last week, Reliance Industries Ltd. (RIL) had the biggest drop in its market cap by Rs 34,296.37 crore. Now the company’s market cap has come down to Rs 12,25,445.59 crore. The market cap of private finance company Bajaj Finance declined by Rs 12,024.63 to Rs 3,06,156.55 crore. At the same time, the market cap of Kotak Mahindra Bank fell by Rs 4,661.65 crore to Rs 3,90,253.33 crore.
RIL still on top
RIL still remains the top in terms of market cap in the BSE. It is followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finance and Bharti Airtel.
TCS can beat RIL
TCS may beat RIL this week in terms of market cap. Market analysts said that TCS shares could rise this week due to strong third quarter results. This makes TCS the largest company in terms of market cap. However, this will also depend on the move of RIL shares.