By Malvika Gurung
Investing.com -- A majority of the country’s top 10 most-valued companies witnessed their net cumulative market valuation spike by Rs 1,51,140.39 crore last week, as the market ended sharply higher.
India’s most valued company by market capitalization Reliance Industries (NS: RELI ) added the biggest chunk to its market valuation in the May 26-ended week, followed by the country’s largest IT company TCS (NS: TCS ).
While seven companies witnessed wealth added to their combined kitty last week, banking majors HDFC Bank (NS: HDBK ), ICICI Bank (NS: ICBK ) and financial heavyweight HDFC (NS: HDFC ) lost their valuations in a strong week.
Here’s how the giants of the elite Big Boys club performed in the previous week.
- RIL’s m-cap rallied by a whopping Rs 43,131.02 crore.
- TCS’ wealth soared by Rs 39,243.32 crore.
- ITC (NS: ITC ) added Rs 29,578.69 crore to its valuation.
- Infosys’ (NS: INFY ) wealth surged by Rs 20,171.09 crore.
- State Bank of India’s (NS: SBI ) kitty zoomed by Rs 9,638.58 crore.
- Bharti Airtel’s (NS: BRTI ) valuation jumped by Rs 6,981.11 crore.
- Hindustan Unilever’s (NS: HLL ) m-cap rose by Rs 2,396.58 crore.
- HDFC Bank’s valuation plummeted by Rs 17,825.74 crore.
- HDFC witnessed its wealth tumble by Rs 11,382.46 crore.
- ICICI Bank’s m-cap eroded by Rs 2,642.52 crore.
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