7 companies became rich before Diwali, earned more than Rs 2 lakh crore in a week

by

Mukesh Ambani

There is an atmosphere of Diwali in the entire country. The preparations for which start a week or 10 days in advance. Something similar was seen in the stock market also. There has been tremendous growth in the stock market in the week before Diwali. Due to which there has been a tremendous increase in the shares of top companies of the country. If we look at the figures, there has been an increase of Rs 2,16,544.29 crore in the market cap of 7 out of the top 10 companies of the country. There has been a decline of Rs 61,798.23 crore in the market cap of three companies. The special thing is that the top IT companies of the country have suffered the most losses. Whereas the country’s government insurance company also suffered losses. At the same time, the market cap of the country’s largest company Reliance Industries has increased the most.

By the way, in the last week, two biggest IPOs were also launched in the primary market of the stock market. Which has received a lot of love from investors. Neither of them caused any harm. The stock market has also benefited from this. If we look at the data, the main index of Bombay Stock Exchange, Sensex, has seen a rise of 1.75 percent. On the other hand, the main index of National Stock Exchange, Nifty, has seen an increase of about 2 percent. Let us also tell you how much benefit has accrued to which company in the country.

The market cap of these companies benefited

  1. The market valuation of the country’s largest company Reliance Industries increased by Rs 47,363.65 crore to Rs 19,17,483.71 crore.
  2. Bharti Airtel, one of the country’s largest telecom companies, added Rs 41,254.73 crore, taking its valuation to Rs 11,47,235.08 crore.
  3. The market value of ICICI Bank, the country’s second largest lender, has increased by Rs 40,123.88 crore to Rs 10,26,491.35 crore.
  4. On the other hand, HDFC Bank, the country’s largest private lender, stood at Rs 15,40,210.78 crore with a jump of Rs 33,185.59 crore.
  5. The valuation of the country’s largest NBFC company Bajaj Finance increased by Rs 28,903.45 crore to Rs 6,65,899.19 crore.
  6. At the same time, the market capitalization of the country’s largest FMCG company Hindustan Unilever has increased by Rs 17,774.65 crore to Rs 6,12,009.78 crore.
  7. The capitalization of State Bank of India, the country’s largest government lender, increased by Rs 7,938.34 crore to Rs 8,20,924.98 crore.

These companies suffered losses

On the other hand, contrary to this trend, the valuation of Infosys declined by Rs 30,306.35 crore to Rs 5,98,773.87 crore. The market capitalization of TCS declined by Rs 23,807.01 crore to Rs 10,71,894.61 crore and the valuation of LIC declined by Rs 7,684.87 crore to Rs 5,60,173.42 crore. Reliance Industries remained at first position among the top 10 companies. After this, HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Hindustan Unilever, Infosys and LIC were ranked respectively.

Leave a Comment