Sunil Bharti Mittal / Airtel changed Bharti Mittal's story, Tata and Ambani kept watching

Last week, Airtel performed brilliantly and its market cap crossed Rs 9 lakh crore. Infosys and TCS also made gains, while Reliance and ICICI Bank also increased their valuations. The BSE Sensex closed at 82,365.77 points with a gain of 1.57%.

Vikrant Shekhawat : Sep 01, 2024, 02:20 PM

Sunil Bharti Mittal: Sunil Bharti Mittal's telecom company Airtel performed the best in the stock market last week, with the company's market cap crossing Rs 9 lakh crore for the first time. Both Airtel and Infosys made big gains, while TCS and Reliance Industries also saw an increase in market cap. The BSE Sensex also gained 1.57%, closing at 82,365.77 points.

During this period, Airtel's market cap increased by Rs 47,194.86 crore to Rs 9,04,587.12 crore. Infosys' valuation increased by Rs 33,611.37 crore to Rs 8,06,880.50 crore. TCS' market cap increased by Rs 31,784.90 crore to Rs 16,46,899.17 crore.

The market cap of ICICI Bank rose by Rs 18,734.30 crore to Rs 8,66,374.41 crore, while the market cap of Reliance Industries rose by Rs 13,396.42 crore to Rs 20,43,107.10 crore. The market cap of HDFC Bank, LIC, and State Bank of India also increased.

However, the market cap of Hindustan Unilever and ITC decreased. The market cap of Hindustan Unilever fell by Rs 8,411.54 crore to Rs 6,52,739.95 crore and the market cap of ITC fell by Rs 4,776.48 crore to Rs 6,27,587.76 crore.

This was the position of the top 10 companies last week

The market valuation of Bharti Airtel, one of the country's largest telecom companies, increased by Rs 47,194.86 crore to Rs 9,04,587.12 crore.
Infosys' market cap saw an increase of Rs 33,611.37 crore, after which the company's valuation rose to Rs 8,06,880.50 crore.
The valuation of the country's largest IT company Tata Consultancy Services (TCS) rose by Rs 31,784.9 crore to Rs 16,46,899.17 crore.
The market cap of the country's second largest private lender ICICI Bank rose by Rs 18,734.3 crore to Rs 8,66,374.41 crore.
The market cap (mcap) of the country's largest company Reliance Industries rose by Rs 13,396.42 crore to Rs 20,43,107.10 crore.
The market capitalization (mcap) of the country's largest private lender HDFC Bank rose by Rs 5,600.24 crore to Rs 12,44,206.43 crore.
The valuation of the country's largest government insurance company, Life Insurance Corporation of India (LICI) increased by Rs 2,340.25 crore to Rs 6,73,390.88 crore.
On the other hand, the valuation of the country's largest government lender, State Bank of India, increased by Rs 356.98 crore to Rs 7,27,935.97 crore.
On the other hand, the market cap of the country's largest FMCG company Hindustan Unilever decreased by Rs 8,411.54 crore to Rs 6,52,739.95 crore.
On the other hand, the market cap of ITC, one of the country's largest FMCG companies, decreased by Rs 4,776.48 crore to Rs 6,27,587.76 crore.