Saturday, December 3, 2022
HomeDigit NewsHUL got a bumper profit this week, TCS and Reliance's market cap...

HUL got a bumper profit this week, TCS and Reliance’s market cap fell, know how was the situation?

Sensex Market Cap: Due to the rise in the stock market, 8 out of 10 companies of the Sensex have seen an increase in the market cap. After the volatility of last week, the mcap of 8 Sensex companies has increased by Rs 1,81,209.89 crore. During this, Hindustan Unilever has benefited the most. The Sensex has gained 1,573.91 points or 2.97 per cent in the last week.

Market cap of TCS-RIL falls
Apart from this, there has been a decline in the market cap of only 2 companies out of the top-10. This includes the names of Reliance Industries and Tata Consultancy Services (TCS).

Which company’s mcap increased by how much?
The market cap of Hindustan Unilever (HUL) rose by Rs 50,058.05 crore to Rs 5,86,422.74 crore. Apart from this, the m-cap of ICICI Bank rose by Rs 35,956.8 crore to Rs 5,25,656.96 crore.

LIC also increased mcap
The market position of HDFC Bank increased by Rs 23,940.12 crore to Rs 7,75,832.15 crore and that of Life Insurance Corporation (LIC) by Rs 19,797.24 crore to Rs 4,47,841.46 crore.

How much profit did SBI make?
The market position of State Bank of India (SBI) rose by Rs 19,232.55 crore to Rs 4,35,922.66 crore and that of Infosys rose by Rs 15,126.4 crore to Rs 6,37,033.78 crore.

Bharti Airtel also increased mcap
The market valuation of Bharti Airtel rose by Rs 12,000.08 crore to Rs 3,81,833.20 crore and that of HDFC rose by Rs 5,098.65 crore to Rs 4,06,213.61 crore.

The company’s results came on Friday
Contrary to this trend, the market capitalization of TCS declined by Rs 18,770.93 crore to Rs 11,94,625.39 crore. The country’s largest software exporter TCS reported a profit of 5.2 per cent in the June quarter at Rs 9,478 crore. The company’s results were announced on Friday after the market closed. Apart from this, the market position of Reliance Industries also declined by Rs 11,805.14 crore to Rs 16,17,879.36 crore.

check list
Reliance Industries remained in the first place in the list of top-10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, LIC, SBI, HDFC and Bharti Airtel respectively.

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