Business Standard
Saturday, May 19, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
|Markets & Investing|||||||| 
 Section Home | News Now | Paper | Features | Q&A | PF News | PF Features | IPOs | MFs | Commodities | Trends | Stock Data | Financials | Money & Forex
Home > Markets & Investing Live Markets | Commodities
 

6 of top-10 cos add Rs 20k cr in m-cap
Press Trust of India / Mumbai Sep 05, 2010, 12:50 IST

Amid a volatile market past week, six of the top-ten listed companies earned Rs 19,694.39 crore to their combined market capitalisation (m-cap), with the country's top telcom player Bharti Airtel adding the maximum to the kitty.

Bharti Airtel emerged as the top gainer, adding Rs 8,810.25 crore, taking its market capitalisation to Rs 1,28,887.83 crore for the week ended September 3.

With the eighth position, Airtel replaced FMCG major ITC ,which fell to ninth spot with a wealth addition of Rs 2,356.31 crore taking its m-cap to Rs 1,25,805.65 crore.

Earlier this month, the government had allocated air waves to private operators, including Airtel, for launching 3G mobile and broadband wireless access services in the country.

During the last week, shares of the telecom major jumped 7.33 per cent to settle at Rs 339.40 at the end of Friday's trade on the Bombay Stock Exchange.
    
Meanwhile, the BSE-30 share Sensex gained 223 points to stand at 18,221.43 as on September 3, 2010.
    
Even after losing Rs 7,850.99 crore from its m-cap, the country's most valued firm Reliance Industries (RIL) maintained its top position in the elite club with market valuation of Rs 3,02,835 crore.
    
RIL was followed by ONGC, SBI, TCS, NTPC, Infosys, MMTC, ITC and BHEL.
    
Oil and gas major ONGC emerged as the second biggest gainer after Airtel, posting a growth of Rs 4,352.6 crore to its m-cap, which stood at Rs 2,86,180.81 crore.
    
The country's largest public-sector lender State Bank  of India saw a decline of Rs 1,848.73 crore from its m-cap, which stood at Rs 1,76,114.48 crore.
    
Software exporter TCS too witnessed a wealth erosion of Rs 3,611 crore to take its total market valuation to Rs 1,63,876.36 crore.
    
With an m-cap of Rs 1,61,775.93 crore, power producer NTPC added Rs 206 crore to its kitty.
    
IT bellwether Infosys Technologies saw its valuation swell by Rs 3,604 crore to Rs 1,59,064.99 crore.
    
Trading firm MMTC added Rs 365 crore to drive its market valuation to Rs 1,35,765 crore.
    
ITC saw a wealth addition of Rs 2,356.31 crore to take its m-cap to Rs 1,25,805.65 crore.
    
State-run BHEL slid one place to finish last in the list. It lost Rs 3,793.78 crore from its m-cap to Rs 1,17,122.56 crore.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end higher led by SBI
- Obama presses ailing Europe to focus on growth
- Historic Facebook debut falls flat
- JPMorgan to be haunted by change in risk model
- Wall St Week Ahead: The market is oversold, but major signs say "sell"
  Read Business news in 
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- The Best Seller is Also the No. 1 in Mileage. Click here
- One Partnership Endless Possibilities. Click here to know more
- A Brand New Server at a Price That Fits Your Budget. Click here
- Watch The Film Here. Click here to know more..
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
BS POLL
Where do you see Nifty at the end of the year?
  4,500
  5,000
  5,500
Submit
Most Popular
Read
E-Mailed
Commented
   
- Brand SRK holds fort, but for how long?
- Air India reaches out to retired pilots as deadlock continues
- The Midas Touch?
- Aditya Birla Group acquires stake in Living Media India
- Markets bank on SBI to bounce back from lows
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us