Bharti Airtel, TCS, HDFC Bank: Market Cap Of These Companies Rose Over Rs 15,000 Crore Last Week

Amidst the strong performance of Indian equities last week the combined market valuation of nine of the top-ten most valued companies climbed Rs 1,30,391.96 crore. Amidst this market rally, the two companies that emerged as the biggest gainers were Bharti Airtel and Tata Consultancy Services (TCS).

The two benchmark indices Sensex and Nifty 50 closed higher on Friday, where Sensex gained 0.74% at 67,481.19 points, while Nifty 50 was up 0.67% at 20,267.90 points. The BSE benchmark jumped 1,511.15 points or 2.29% last week.

Except Reliance Industries, nine other companies including HDFC Bank, ICICI Bank, Infosys, and Hindustan Unilever saw a stark jump in their market valuation.

Bharti Airtel's valuation soared Rs 23,746.04 crore to Rs 5,70,466.88 crore. On Friday, Bharti Airtel shares closed 0.04% at Rs 1015.00 per share. The market capitalisation (mcap) of TCS increased by Rs 19,027.07 crore to reach Rs 12,84,180.67 crore. TCS shares closed 0.46% higher at Rs 3509.60 per share.

HDFC Bank saw an addition of Rs 17,881.88 crore to its market valuation to become Rs 11,80,588.59 crore company. The share price of HDFC Bank closed at Rs 1555.50 per share on Friday.

ITC's mcap climbed Rs 15,159.02 crore to Rs 5,61,159.09 crore and that of Bajaj Finance soared Rs 14,480.29 crore to Rs 4,48,446.82 crore.

The valuation of ICICI Bank surged Rs 12,085.42 crore to Rs 6,63,370.71 crore and that of Hindustan Unilever advanced Rs 11,348.53 crore to Rs 6,02,258.98 crore.

The market cap of State Bank of India went up by Rs 10,307.92 crore to Rs 5,10,353.93 crore and that of Infosys climbed Rs 6,355.79 crore to Rs 6,02,747.01 crore.

However, the market capitalization of Reliance Industries declined by Rs 574.95 crore to Rs 16,19,332.44 crore. Reliance Industries shares closed 0.72% higher at Rs 2393.45 per share on Friday.