Top 10 Indian Companies Gain Over ₹3 Lakh Crore in Market Cap
ICICI Bank and Bharti Airtel Lead the Pack
In just one week, the combined market cap of nine of India’s top ten most-valued companies surged by ₹3,06,243.74 crore. This impressive growth was fueled by a robust rally in equities.
ICICI Bank and Bharti Airtel Record Highest Gains
- ICICI Bank’s valuation climbed by ₹64,426.27 crore, reaching ₹9,47,628.46 crore.
- Bharti Airtel’s market cap soared by ₹53,286.17 crore, totaling ₹9,84,354.44 crore.
Other Notable Performances
- HDFC Bank’s valuation grew by ₹49,105.12 crore, reaching ₹13,54,275.11 crore.
- Reliance Industries gained ₹39,311.54 crore, taking its valuation to ₹17,27,339.74 crore.
- Bajaj Finance added ₹30,953.71 crore, reaching ₹5,52,846.18 crore.
- Tata Consultancy Services (TCS) saw its market cap increase by ₹24,259.28 crore to ₹12,95,058.25 crore.
- State Bank of India (SBI) recorded a gain of ₹22,534.67 crore, bringing its valuation to ₹6,72,023.89 crore.
- Hindustan Unilever’s market cap rose by ₹16,823.08 crore to ₹5,28,058.89 crore.
- Infosys added ₹5,543.9 crore, taking its market valuation to ₹6,61,364.38 crore.
ITC: The Only Company to Witness a Decline
ITC was the only company among the top 10 to experience a decline in market value, losing ₹7,570.64 crore and settling at ₹5,07,796.04 crore.
Reliance Industries Retains Top Position
Reliance Industries remained the most valuable company in India, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.