Top 10 Most-Valued Firms Add Rs 82,039 Crore In Market Cap
Larsen & Toubro Ltd. saw the highest increase among the top 10, with its market cap rising by Rs 20,138 crore
The top 10 most valued firms in India have collectively added Rs 82,039 crore to their market capitalisation. This performance reflects the market's optimism and the strong showing of key sectors.
Reliance Industries Ltd. led the gains with an addition of Rs 16,306 crore, bringing its total market cap to Rs 17,11,980 crore. It was followed by Tata Consultancy Services, which saw its market cap rise by Rs 4,468 crore, reaching Rs 14,87,902 crore. The IT giant continues to be a strong performer in the tech sector.
HDFC Bank was the third top gainer as it added Rs 5,544 crore to its market cap, now standing at Rs 12,99,156 crore. The bank's consistent growth and stability have contributed to its positive market performance.
Despite the overall positive trend, Bharti Airtel's market cap decreased by Rs 8,230 crore, bringing it down to Rs 9,26,313 crore.
ICICI Bank's market cap fell by Rs 1,870.38 crore, now at Rs 8,84,334 crore. The bank's performance reflects the mixed sentiment in the financial sector.
Meanwhile, Infosys added Rs 8,242 crore to its market cap, reaching Rs 7,80,543 crore. In the public bank sector, SBI saw a significant increase of Rs 9,192 crore in its market cap, now at Rs 6,89,783 crore.
Hindustan Unilever Ltd.'s market cap rose by Rs 14,109 crore, bringing it to Rs 5,80,067 crore. ITC Ltd. added Rs 14,138 crore to its market cap, now standing at Rs 5,59,899 crore. The company's diversified portfolio has contributed to its strong market performance.
Larsen & Toubro Ltd. saw the highest increase among the top 10, with its market cap rising by Rs 20,138 crore, reaching Rs 4,90,564 crore.
Overall, the total market cap increase for these firms amounted to Rs 82,039 crore.
