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Mcap of 6 of top 10 most valued firms up Rs 1 trn; State Bank, ICICI on top

Business Standard LogoBusiness Standard3d ago

Mcap of 6 of top 10 most valued firms up Rs 1 trn; State Bank, ICICI on top - Business Standard

Quick Summary:

While Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation.

The combined market valuation of 6 of the top-10 most-valued firms surged Rs 1,07,366.05 crore last week, with State Bank of India and ICICI Bank becoming the biggest gainers.

The valuation of State Bank of India jumped Rs 36,100.09 crore to Rs 7,32,755.93 crore.

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Mcap of 6 of top 10 most valued firms up Rs 1 trn; State Bank, ICICI on top - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 11:02:33 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23374015

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 357 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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