Business

Reliance Became The Most Valuable Company Of 17 Lakh Crores

Reliance became the most valuable company of 1717265.94 crores in India, know the status of TCS and Infosys.

Eight of the 10 most valuable companies together added Rs 2,34,161.58 crore to market valuations last week, with RIL (Reliance Industries Limited), Infosys, and TCS being the top gainers.

The market valuation of Reliance Industries Limited (RIL) jumped Rs 69,503.71 crore to Rs 17,17,265.94 crore. At the same time, Infosys added Rs 48,385.63 crore, taking its valuation to Rs 8,10,927.25 crore.

TCS’s M-Cap increased, remained at number three.

The market valuation of Tata Consultancy Services (TCS) has increased by Rs 42,317.15 crore to Rs 14,68,245.97 crore.

Apart from this, the valuation of HDFC has increased by Rs 21,125.41 crore to Rs 4,91,426.13 crore and that of ICICI Bank has increased by Rs 18,650.77 crore to Rs 5,69,511.37 crore.

The market capitalization (M-Cap) of the State Bank of India (SBI) has increased by Rs 15,127.22 crore to Rs 4,53,593.38 crore and that of Bajaj Finance has increased by Rs 10,291.28 crore to Rs 4,72,686.80 crore.

At the same time, the valuation of Bharti Airtel has increased by Rs 8,760.41 crore to Rs 3,95,810.41 crore.

M-Cap decreased.

In contrast, the valuation of Hindustan Unilever Limited (HUL) has declined by Rs 12,217.88 crore to Rs 5,55,560.85 crore. HDFC Bank’s valuation has also come down.

Its valuation has come down by Rs 2,854.33 crore to Rs 8,56,439.28 crore. The BSE 30-share benchmark Sensex had jumped 1,478.38 points or 2.47 percent last week.

 The forefront of M-Cap.

Reliance Industries Limited topped the ranking of top-10 firms, followed by Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever Limited, HDFC, Bajaj Finance, State Bank of India, and Bharti Airtel.

Let us tell you that Reliance Industries Limited has also topped the figures of last week. The company also performed well last week.

Amit Kaul

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