Mukesh Ambani’s company made bumper profit while TCS-Infosys suffered loss, know why? – The Daily Connection

The market cap of six out of the top 10 Sensex companies increased by Rs 70,527.11 crore last week. Mukesh Ambani’s Reliance Industries has made the highest profit at this time. During the review last week, while the market cap of Hindustan Unilever, Bharti Airtel, ITC, ICICI Bank and HDFC Bank increased, the market position of Infosys, Tata Consultancy Services (TCS), State Bank of India (SBI) and Bajaj Finance declined. Has happened.

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Market cap of these companies increased

During the week, the market capitalization of Reliance Industries increased by Rs 22,191.43 crore to Rs 15,90,408.31 crore. Hindustan Unilever’s market capitalization stood at Rs 6,04,326.62 crore with a jump of Rs 17,222.5 crore.

The market capitalization of Bharti Airtel stood at Rs 5,36,035.96 crore with an increase of Rs 16,953.01 crore and that of ITC stood at Rs 5,59,071.10 crore with a jump of Rs 7,607.26 crore. The market capitalization of ICICI Bank increased by Rs 4,581.64 crore to Rs 6,66,639.07 crore. HDFC Bank’s valuation increased by Rs 1,971.27 crore to Rs 11,65,135.58 crore.

Contrary to this trend, the market capitalization of Infosys declined by Rs 19,403.04 crore to Rs 5,94,252 crore. TCS’s market cap fell to Rs 13,06,391.11 crore with a loss of Rs 18,258.67 crore.

SBI’s valuation declined by Rs 16,019.67 crore to Rs 5,14,191.52 crore. Bajaj Finance’s market cap fell to Rs 4,87,746.65 crore with a loss of Rs 7,137.72 crore.

Reliance Industries remained at first position in the list of top 10 companies. After that, TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti Airtel, SBI and Bajaj Finance were ranked respectively.