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Top six companies gain more than Rs 21k crore in m-cap

Mumbai,May 27  :  Six of the top 10 BSE Sensex companies added Rs 21,339 crore to their market capitalisation (m-cap) last week.ONGC which alone gained over Rs 7,000 crore in value emerged as a winner. The

PTI Updated on: May 27, 2012 15:44 IST
top six companies gain more than rs 21k crore in m cap
top six companies gain more than rs 21k crore in m cap

Mumbai,May 27  :  Six of the top 10 BSE Sensex companies added Rs 21,339 crore to their market capitalisation (m-cap) last week.ONGC which alone gained over Rs 7,000 crore in value emerged as a winner.

 

The combined valuations of the six companies showed gains amid a flat market which saw the BSE 30-scrip Sensex gaining 0.4 per cent from May 18-25.

ONGC was the biggest gainer in terms of valuation with an m-cap of Rs 2,19,961 crore. The state-owned company's market value grew by Rs 7,144 crore. During the trading week that ended on Friday, shares of the company soared over 3 per cent following a steep hike in petrol price.

ONGC was followed by CIL market worth of which climbed Rs 6,380 crore to Rs 1,97,860 crore.

Country's biggest lender SBI saw its m-cap surge Rs 4,228 crore to Rs 1,34,544 crore, while TCS added Rs 1,977 crore taking its market value to Rs 2,39,084 crore.

Similarly, the m-cap of RIL rose by Rs 1,097 crore to Rs 2,26,598 crore, while Bharti's value went up by Rs 513 crore to Rs 1,13,413 crore.

Among those who saw erosion in m-cap, FMCG major ITC saw its value plunge by Rs 5,825 crore to Rs 1,81,191 crore; NTPC's slipped Rs 2,845 crore to Rs 1,16,920 crore; Infosys lost Rs 769 crore to end at Rs 1,36,207 crore and HDFC Bank shed Rs 24 crore to close with Rs 1,17,413 crore.

TCS retained the number one position on the top 10 list, while RIL was the second most valued company, followed by ONGC, CIL, ITC, Infosys, SBI, HDFC Bank, NTPC and Bharti.

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