Ratan Tata's Tata Group is one of the most valuable brands in India. The group is present in various sectors including automobile, retail and others. The IT giant of the group, Tata Consultancy Services (TCS), added Rs 38,894.44 crore in market valuation last week (in 5 days). It became the biggest gainer among the top 10 firms. The market valuation of TCS jumped Rs 38,894.44 crore to Rs 14,51,739.53 crore (as of July 5).
Moreover, the market cap of eight of top 10 most-valued firms jumped Rs 1.83 lakh crore last week in the share market. Besides, TCS, Narayana Murthy's Infosys was the biggest gainer. Last week, the BSE benchmark jumped 963.87 points, or 1.21 per cent. Infosys added Rs 33,320.03 crore taking its valuation to Rs 6,83,922.13 crore.
The valuation of Mukesh Ambani's Reliance Industries climbed Rs 32,611.36 crore to Rs 21,51,562.56 crore and that of ICICI Bank zoomed Rs 23,676.78 crore to Rs 8,67,878.66 crore. Reliance Industries remained the most valued firm followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, Hindustan Unilever, and ITC.
However, HDFC Bank's mcap market valuation fell Rs 26,970.79 crore to Rs 12,53,894.64 crore. The mcap of Bharti Airtel declined Rs 8,735.49 crore to Rs 8,13,794.86 crore.
(With inputs from PTI)
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