Last week was a tremendous one for the stock market. During this period investors also gained a lot. On the other hand, a lot of money was poured into the big companies of the country. As far as numbers are concerned, Airtel, which is among the big telecom companies of the country, benefited the most. Reliance Industries was one of the least profitable companies. Among the top companies of the country, there was only one company whose market capitalization suffered losses – the largest insurance company of the country, LIC. Due to which more than Rs 3 billion was reduced from the market capitalization. Apart from this, no company suffered losses.
However, last week there was an increase of Rs 2,01,552.69 crore in the market capitalisation of 9 of the country’s top 10 companies. Besides Airtel, ICICI Bank and TCS were also among the top gainers. However, last week the benchmark BSE index rose by 1,707.01 points or 2.10 per cent. The 30-share BSE Sensex on Thursday touched its all-time high of 83,116.19. Let us also tell you how much profit each company has made.
Which company benefited how much in the country?
- Bharti Airtel’s valuation rose by Rs 54,282.62 crore to Rs 9,30,490.20 crore, making it the most profitable company among the top 10 firms.
- The market capitalisation (MCAP) of ICICI Bank, the country’s second-largest private lender, rose by Rs 29,662.44 crore to Rs 8,80,867.09 crore.
- Tata Consultancy Services (TCS), one of the largest IT companies in the country, added Rs 23,427.12 crore, taking its valuation to Rs 16,36,189.63 crore.
- The MCA of the country’s largest consumer goods company, Hindustan Unilever, has increased by Rs 22,438.6 crore to Rs 6,89,358.33 crore.
- The MCap of the country’s largest private lender HDFC Bank rose by Rs 22,093.99 crore to Rs 12,70,035.77 crore.
- The market valuation of Infosys, one of the largest IT companies in the country, has increased by Rs 17,480.49 crore to Rs 8,07,299.55 crore.
- ITC, one of the country’s largest consumer goods companies, rose by Rs 15,194.17 crore to Rs 6,42,531.82 crore.
- The valuation of the country’s largest company, Reliance Industries, has increased by Rs 9,878.19 crore to Rs 19,92,160.61 crore.
- The valuation of State Bank of India, the country’s largest government lender, rose by Rs 7,095.07 crore to Rs 7,05,535.20 crore.
- The mcap of the country’s largest insurance company, Life Insurance Corporation of India (LIC), declined by Rs 3,004.38 crore to Rs 6,54,004.76 crore.