Market valuation of top eight blue-chip companies surge to Rs 72,095 cr

Market valuation of top eight blue-chip companies surge to Rs 72,095 cr
In-line with a strong stock market, the combined market valuation of eight of the top-10 blue-chip companies surged Rs 72,095 crore last week, with ONGC, SBI and CIL emerging as the star performers, reported PTI.

Except TCS and Infosys, rest eight companies saw addition in their market capitalisation for the week ended March 28.The m-cap of state-run ONGC zoomed by Rs 17,324 crore to Rs 2,80,833 crore, becoming the top gainer in the domestic market valuation chart.

SBI's market value surged Rs 14,920 crore to Rs 1,42,016 crore, while the m-cap of Coal India shot-up by Rs 14,211 crore to Rs 1,80,584 crore.

The valuation of RIL soared by Rs 8,355 crore to Rs 2,95,444 crore, while ICICI Bank added Rs 7,033 crore to Rs 1,45,361 crore. HDFC's value rose by Rs 4,908 crore to Rs 1,36,272 crore, while HDFC Bank added Rs 3,257 crore to Rs 1,78,717 crore and that of ITC went up by Rs 2,087 crore to Rs 2,85,519 crore.

In the ranking of top-10 firms, TCS enjoyed the numero- uno position, followed by RIL, ITC, ONGC, Infosys, CIL, HDFC Bank, ICICI Bank, SBI and HDFC.

Dion Global Solutions Ltd.

Story first published: Monday, March 31, 2014, 13:20 [IST]
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