www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrology TendersClassifieds Reader Comments Hotels
Sign In / Register | Archive
Expressindia » Story

Top five cos add Rs 35,878 cr in m-cap

Font Size

Agencies

Posted: Feb 19, 2012 at 1552 hrs IST

Mumbai Led by a smart surge in market value of SBI, the combined market capitalisation (m-cap) of five of the ten most valued companies increased by Rs 35,878 crore in the last week amid a rally in the broader market.

Country's biggest lender SBI saw its market worth advancing by Rs 15,510 crore to Rs 1,53,463 crore as on Friday. Shares of the company also soared by over 11 per cent after it reported 16.3 per cent increase in consolidated net profit at Rs 4,318.08 crore for the third quarter last week.

However, market major Reliance Industries, ONGC, TCS, Coal India and Bharti Airtel saw erosion in their respective market value in the last week.

Among gainers, IT major Infosys added Rs 9,642 crore to m-cap which stood at Rs 1,69,429 crore at close on Friday last week.

Similarly, NTPC's value jumped Rs 6,432 crore to Rs 1,54,726 crore, while HDFC Bank added Rs 2,656 crore to its value which stood at Rs 1,23,468 crore. ITC's worth surged by Rs 1,638 crore to Rs 1,60,138 crore last week.

The m-cap of corporate leader RIL dropped by Rs 7,940 crore to Rs 2,67,823 crore. State-owned ONGC saw a dip of Rs 129 crore in its value which stood at Rs 2,40,665 crore.

TCS lost Rs 362 crore from its market valuation which was at Rs 2,40,483 crore at close on Friday, while Coal India saw an erosion of Rs 4,263 crore from its m-cap which stood at Rs 2,05,187 crore.

Bharti's m-cap declined by Rs 133 crore to Rs 1,32,742 crore.

The BSE barometer Sensex gained nearly 541 points, or 3 per cent, to end the week at over six-month high of 18,289.35 points.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

UP polls: About 25% polling till noon in 4th phase

Cancellation of Kingfisher flights continues for second day

Vessel case: Italian team to visit New Delhi

Ind vs Aus: India in trouble after openers fail to deliver

Behind full Ponty flop, his 2-yr raid rehearsals

Facebook launches verified accounts, pseudonyms

Allies join chorus against NCTC

More
© 2011 The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map