Last week, the combined market valuation of the top 10 most valuable companies in India increased by a significant ₹2,10,254.96 crore. The seven largest companies, including Reliance Industries, Tata Consultancy Services (TCS), State Bank of India, Bharti Airtel, ITC, ICICI Bank, and Hindustan Unileve, saw their market capitalization rise by a total of ₹1,80,131.24 crore.
Reliance Industries led the charge, with a massive surge of ₹66,985.25 crore, taking its valuation to ₹16,90,328.70 crore and maintaining its position as the most valued company. TCS, which had briefly lost its second spot, regained its position with a rise of ₹46,094.44 crore, pushing its valuation to ₹13,06,599.95 crore.
State Bank of India’s market capitalization jumped by ₹39,714.56 crore, while Bharti Airtel’s rose by ₹35,276.30 crore. ITC and ICICI Bank saw gains of ₹11,425.77 crore and ₹7,939.13 crore, respectively. Hindustan Unilever’s valuation rose by a modest ₹2,819.51 crore.
On the other hand, HDFC Bank’s market capitalization declined by ₹31,832.92 crore, while Bajaj Finance’s fell by ₹8,535.74 crore. Infosys saw a slight dip of ₹955.12 crore.
The top 10 most valuable companies in India, in terms of market capitalization, are Reliance Industries, TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Bajaj Finance, Hindustan Unilever, and ITC.