Despite a holiday-shortened week and a dip in benchmark indices, five of the top-10 most valued Indian firms added a combined ₹84,559.01 crore to their market capitalisation last week, with Hindustan Unilever emerging as the biggest gainer.
The broader markets, however, witnessed weakness. The BSE Sensex slipped 207.43 points, or 0.27%, while the NSE Nifty50 declined 75.9 points or 0.33%.
Indian stock markets remained closed on Thursday due to the observance of Shri Mahavir Jayanti.
Hindustan Unilever saw its market valuation surge by ₹28,700.26 crore, taking its total market cap to ₹5,56,054.27 crore — the highest gain among the top-10 most valued companies.
Reliance Industries followed, adding ₹19,757.27 crore to reach a market capitalisation of ₹16,50,002.23 crore, retaining its position as the most valued Indian firm.
ITC registered a gain of ₹15,329.79 crore in valuation, pushing its market cap to ₹5,27,845.57 crore.
Bajaj Finance‘s market valuation rose by ₹12,760.23 crore to ₹5,53,348.28 crore. Bharti Airtel also recorded a healthy rise, with its m-cap increasing by ₹8,011.46 crore to ₹10,02,030.97 crore.
On the other hand, five other companies in the top-10 list witnessed a decline in their market valuation. Tata Consultancy Services (TCS) suffered the biggest erosion, losing ₹24,295.46 crore in valuation, bringing its m-cap down to ₹11,69,474.43 crore.
Infosys followed, with a decline of ₹17,319.11 crore, taking its total valuation to ₹5,85,859.34 crore. The market cap of the State Bank of India dropped by ₹12,271.36 crore to ₹6,72,960.97 crore. ICICI Bank’s valuation slipped by ₹8,913.09 crore, ending the week at ₹9,34,351.86 crore.
HDFC Bank, the second-most valued company, saw its cap decline by ₹7,958.31 crore to ₹13,82,450.37 crore.
Despite the mixed trend in valuations, Reliance Industries continued to top the list of India’s most valued firms. It was followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, Bajaj Finance, and ITC in that order.
The week showcased a mixed performance among India’s top-valued companies, with notable gains by Hindustan Unilever, Reliance, and ITC, while tech giants like TCS and Infosys saw sharp declines.
Despite the overall dip in benchmark indices, select firms demonstrated strong investor confidence. The unchanged top-10 rankings highlight the market’s resilience and the continued dominance of sector leaders across industries, even amid short trading weeks and market volatility.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 15, 2025, 8:13 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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