Reliance Industries Creates Record: 7 Other Business Giants Increase Market value by Several Crores!

Eight Indian companies have added Rs.1,76,489.28 crore in the market last week. Among the eight, Reliance industries account for the highest share.

Reliance Industries Ltd, the star leader of the pack, has increased its market valuation from Rs.1,08,213.62 crore to Rs.11,15,418.03 crore during the week. As on Friday, it became the first Indian company to have crossed the Rs.11 Lakh crore market valuation.

The second leading magnet was HDFC Bank, whose valuation jumped Rs.27,788.22 crore to Rs.5,67,093.60 crore. The market capitalisation of ICICI Bank climbed from Rs.12,729.16 crore to Rs.2,35,648.10 crore.

Bharati Airtel’s value climbed to Rs.3,11,757.83 crore and Infosys’ went up to Rs.3,00,543.95 crore. The market valuation of Kotak Mahindra Bank was Rs.2,57,640.33 crore and that of Tata Consultancy Services reached Rs.7,68,131.91 crore.

In sharp contrast, ITC’s valuation reduced by Rs.12,169.31 crore to Rs.2,26,299.98 crore and Hindustan Unilever dipped to Rs.4,91,584.61 crore.