Tuesday, May 5, 2026

Mcap of seven of top 10 firms declines by Rs 80,200 crore; TCS, HDFC Bank biggest laggards

[ad_1]

NEW DELHI: The combined market valuation of seven of the top 10 valued firms declined by Rs 80,200.24 crore last week amid a weak trend in equities, with Tata Consultancy Services and HDFC Bank emerging as the biggest laggards.
In a holiday-shortened last week, the BSE benchmark fell by 373.99 points or 0.57 per cent.
From the top 10 pack, Reliance Industries, Hindustan Unilever and Infosys were the gainers while Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, ITC, State Bank of India, Bharti Airtel and Bajaj Finance saw a decline in their valuation.
The market valuation of Tata Consultancy Services (TCS) tanked Rs 29,894.45 crore to Rs 12,32,240.44 crore.
HDFC Bank’s valuation declined by Rs 19,664.06 crore to Rs 12,02,728.20 crore.
The market valuation of Bajaj Finance eroded by Rs 12,233.5 crore to Rs 4,15,763.47 crore and that of ITC tumbled Rs 8,338.45 crore to Rs 5,50,821.26 crore.
Bharti Airtel’s market capitalisation (mcap) fell by Rs 8,081.38 crore to Rs 4,78,730.70 crore and that of State Bank of India dipped Rs 1,026.33 crore to Rs 5,11,424.89 crore.
The mcap of ICICI Bank diminished by Rs 962.07 crore to Rs 6,65,550.83 crore.
However, Hindustan Unilever added Rs 12,347.1 crore taking its market valuation to Rs 6,00,250.08 crore.
The mcap of Infosys jumped Rs 6,972.87 crore to Rs 5,76,379.26 crore and that of Reliance Industries climbed Rs 5,886.09 crore to Rs 17,29,764.68 crore.
In the ranking of top 10 companies, Reliance Industries remained the most valued firm followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance.



[ad_2]

Source link

spot_img
spot_img

Continue reading

TAGMA 2026 Showcases Future-Ready Tooling at India’s Key Industrial Expo

Die & Mould India, the largest and most prestigious exhibition for the die and mould industry in India, is set to return with its 14th edition from April 21–24, 2026, at the...

“Why the World Needs One Language for Green Steel”

“Why the World Needs One Language for Green Steel” Annie Heaton is CEO of ResponsibleSteel, a global organisation offering a sustainability system of standards and certification for the steel industry. In September 2024,...

NGP Pilot Plant Shows Steady Advancement

NGP Pilot Plant Shows Steady Advancement Aduro Clean Technologies Inc.  clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for...
spot_img