Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Mcap of 5 of top10 valued firms jumps Rs 85582 cr LIC biggest gainer
Update / Judgement Date
15 Apr 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Last week, five of India's top-10 firms saw a combined increase of Rs 85,582.21 crore in market capitalisation, buoyed by positive equity trends. LIC led the gains with its valuation rising by Rs 46,425.48 crore to reach Rs 6,74,877.25 crore. \r
HDFC Bank's market cap surged by Rs 18,639.61 crore to Rs 12,14,965.13 crore, while Reliance Industries added Rs 10,216.41 crore, totaling Rs 19,98,957.88 crore. State Bank of India's valuation climbed by Rs 9,192.35 crore to Rs 7,49,845.89 crore, and Bharti Airtel saw an increase of Rs 1,108.36 crore, reaching Rs 8,11,524.37 crore. \r
Conversely, Hindustan Unilever and TCS lost Rs 22,885.02 crore and Rs 22,052.24 crore, respectively.