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ONGC, Five Other Firms Add Rs 30,968 Crore To Market Value In a Week

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ONGC, Five Other Firms Add Rs 30,968 Crore To Market Value In a Week

ONGC's M-Cap surged by Rs 9,411.04 crore to Rs 2,29,030.47 crore.


New Delhi: Combined market capitalisation or M-Cap of six of the top 10 Indian companies advanced by Rs 30,968 crore during the week that ended on October 7, with Oil and Natural Gas Corp (ONGC) leading the pack.

While Reliance Industries Ltd (RIL), HDFC Bank, ONGC, HDFC, State Bank of India (SBI) and Hindustan Unilever Ltd (HUL) saw addition in their market capitalisation for the week, Tata Consultancy Services (TCS), ITC, Infosys and Coal India Ltd (CIL) suffered losses.

ONGC's M-Cap surged by Rs 9,411.04 crore to Rs 2,29,030.47 crore.

The valuation of RIL zoomed by Rs 9,032.04 crore to Rs 3,59,968.41 crore while that of SBI jumped by Rs 5,860.9 crore to Rs 2,00,473.72 crore.

HDFC Bank's M-Cap rose by Rs 2,392.9 crore to Rs 3,26,121.14 crore.

The market value of HUL rose by Rs 2,283.31 crore to Rs 1,90,099.07 crore while that of HDFC went up by Rs 1,987.9 crore to Rs 2,22,643.88 crore.

On the other hand, the valuation of TCS declined by Rs 11,615.67 crore to Rs 4,66,646.60 crore.

The M-Cap of Infosys plummeted by Rs 5,845.73 crore to Rs 2,32,600.10 crore while that of ITC slumped by Rs 2,633.82 crore to Rs 2,89,647.95 crore.

CIL's valuation dipped by Rs 2,147.56 crore to Rs 2,01,586.77 crore.

In the ranking of top 10 firms, TCS retained its top position, followed by RIL, HDFC Bank, ITC, Infosys, ONGC, HDFC, CIL, SBI and HUL.

On a weekly basis, the Sensex and Nifty have risen 195.18 points, or 0.70 per cent, and 86.45 points, or 1 per cent, respectively. 


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