Market Cap: Tata’s TCS lost more than Mukesh Ambani’s Reliance earned – market cap of top 10 companies reliance industries, tcs and infosys
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The market cap of ICICI Bank rose by Rs 17,188.25 crore to Rs 6,27,940.23 crore in the last week. The market valuation of HDFC Bank jumped by Rs 15,065.31 crore to Rs 9,44,817.85 crore. HDFC’s market cap rose by Rs 10,557.84 crore to Rs 5,11,436.51 crore, while ITC’s valuation rose by Rs 10,190.97 crore to Rs 4,91,465.96 crore. The market valuation of Reliance Industries increased by Rs 9,911.59 crore to Rs 15,93,736.01 crore. SBI’s market cap rose by Rs 4,640.8 crore to Rs 4,75,815.69 crore and that of Bharti Airtel increased by Rs 305.01 crore to Rs 4,27,416.08 crore.
condition of tcs
Contrary to this trend, the market valuation of Infosys declined by Rs 13,897.67 crore to Rs 5,76,069.05 crore. TCS’ market cap declined to Rs 11,67,182.50 crore with a loss of Rs 11,654.08 crore. The market valuation of Hindustan Unilever declined by Rs 6,954.79 crore to Rs 5,95,386.43 crore. The country’s largest information technology services exporter TCS reported a 14.8 per cent rise in net profit at Rs 11,392 crore for the March quarter. However, the company has raised concerns about its key North American market. The company’s quarterly results came on Wednesday.
HDFC Bank Q4 Results: This bank is going to give a dividend of Rs 19 per share to investors, profit increased by 21 percent
Infosys’ fourth quarter net profit was lower than expected. Besides, the company has indicated a revenue growth of four to seven per cent for the current financial year, which is quite weak. Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, HDFC, ITC, SBI and Bharti Airtel respectively.
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