6 Top Indian Companies Emerge As Biggest Gainer Amid COVID-19 Crisis: Check If Your Company Is On The List!
Home > News Shots > Business newsAmid the deadly coronavirus pandemic and crisis, six of the 10 most valued Indian companies emerged as the biggest gainer during this time. The six companies together added Rs 92,130.59 crore in market valuation last week.
As per Financial Express report, among the six - Tata Consultancy Services (TCS) stood out as the biggest gainer while HDFC Bank, Hindustan Unilever Limited (HUL), Infosys, Kotak Mahindra Bank and ITC also saw a jump in their market capitalisation for the week ended Friday.
Taking a look at the other side, Reliance Industries, HDFC, Bharti Airtel and ICICI Bank finished with losses, Financial Express further reported.
Highlighting the details in market value, TCS added Rs 25,722.6 crore and increased its valuation to Rs 7,93,854.51 crore, while the market valuation of Infosys jumped Rs 18,104.7 crore to reach Rs 3,18,648.65 crore and that of HUL advanced Rs 14,614.2 crore to Rs 5,06,198.81 crore.
Meanwhile, the ITC’s valuation rose by Rs 13,521.45 crore to Rs 2,39,821.43 crore and that of HDFC Bank climbed Rs 12,460.2 crore to Rs 5,79,553.80 crore. Even, Kotak Mahindra Bank added Rs 7,707.44 crore to its market capitalisation at Rs 2,65,347.77 crore.
Looking up at the losses, HDFC’s valuation plunged Rs 11,996.55 crore to Rs 3,06,600.66 crore. The market valuation of Reliance Industries Ltd (RIL) sank from Rs 10,713.59 crore to Rs 11,04,704.44 crore and that of ICICI Bank declined from Rs 9,645.67 crore to Rs 2,26,002.43 crore. Even, Bharti Airtel’s market valuation fell by Rs 6,082.95 crore to Rs 3,05,674.88 crore.
Pointing over the ranking of top-10 firms, RIL maintained its top spot, after which TCS, HDFC Bank, HUL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank followed.
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