TCS, Reliance, HDFC twins among top 10 most valued firms; gain over Rs 82,000 crore in market capitalisation

Amid an overall bullish trend in stocks, eight of the top 10 valued firms added Rs 82,169.3 crore to their market valuation last week. Of these, the HDFC twins emerged as the biggest winners.

Last week, equity markets were closed on Tuesday (April 4) and Friday (April 7) in observance of 'Mahavir Jayanti' and 'Good Friday', respectively. During the holiday-shortened week, the 30-share BSE Sensex increased by 841.45 points or 1.42 per cent.

Among the top 10 most valuable companies, eight witnessed gains in their market valuation, according to PTI. These firms are Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd., HDFC, and ITC.

The value of HDFC Bank increased by Rs 31,553.45 crore to Rs 9,29,752.54 crore. While the market value of HDFC jumped from Rs 18,877.55 to Rs 5,00,878.67.

Bharti Airtel increased its value by Rs 9,533.48 crore, bringing it to Rs 4,27,111.07 crore.

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The market capitalisation (mcap) of Reliance Industries rallied Rs 6,731.76 crore to Rs 15,83,824.42 crore and that of TCS climbed Rs 5,817.89 crore to Rs 11,78,836.58 crore.

ITC's mcap went up by Rs 4,722.65 crore to Rs 4,81,274.99 crore, and that of the State Bank of India gained Rs 3,792.96 crore to Rs 4,71,174.89 crore.

Hindustan Unilever added Rs 1,139.56 crore to take its market valuation to Rs 6,02,341.22 crore, the report added.

However, the mcap of Infosys declined by Rs 2,323.2 crore to Rs 5,89,966.72 crore, while the mcap of ICICI Bank fell by Rs 1,780.62 crore to Rs 6,10,751.98 crore.

Reliance Industries continued to remain the most valued firm, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, HDFC, ITC, State Bank of India, and Bharti Airtel.

(With inputs from PTI)