- Hindi News
- Business
- Top 10 Indian Companies: 6 Gain ₹75,258 Cr Market Cap This Week; TCS Leads With ₹22,595 Cr Surge
Mumbai2 minutes ago
- copy link
In terms of market valuation, the value of 6 of the country’s 10 largest companies has increased by Rs 75,258 crore in this week’s trading. Tata Consultancy Services (TCS) was the top gainer during this period. The market valuation of the company has increased by Rs 22,595 crore to Rs 11.88 lakh crore.
This week Infosys also added Rs 16,972 crore to its valuation, now the company’s market cap has reached Rs 6.81 lakh crore. Apart from these, the value of State Bank of India (SBI) increased by ₹ 15,923 crore and the value of the country’s largest company Reliance increased by ₹ 12,315 crore.
Value of four companies reduced by ₹45,842 crore
At the same time, the market value of HDFC Bank has decreased by Rs 21,920 crore this week to reach Rs 15.17 lakh crore. During this period, the value of Life Insurance Corporation of India (LIC) decreased by ₹ 9,614 crore and the value of ICICI Bank decreased by ₹ 8,428 crore.
Stock market fell 339 points this week
After four consecutive days of decline, there was a rise in the stock market on the last day i.e. Friday 19th December. Sensex closed at 84,929, up 447 points. Nifty also gained 150 points and closed at the level of 25,966.
Out of 30 Sensex stocks, 26 were on the rise. Shares of Tata Motors Passenger Vehicle, Power Grid and BEL rose up to 2%. Out of 50 Nifty stocks, 41 rose and 9 declined. NSE’s auto, realty and healthcare witnessed the biggest rise. After this week’s trading, the Sensex closed 339 points lower than last week.
What is market capitalization?
Market cap is the value of the total outstanding shares of any company, i.e. all those shares which are currently held by its shareholders. It is calculated by multiplying the total number of issued shares of the company by their price.
Understand this with an example…
Suppose… people have bought 1 crore shares of company ‘A’ in the market. If the price of a share is Rs 20, then the market value of the company will be Rs 1 crore x 20 i.e. Rs 20 crore.
The market value of companies increases or decreases due to increase or decrease in share prices. There are many other reasons for this…
| what does it mean to grow | what does decrease mean |
| increase in share price | decline in share price |
| strong financial performance | bad results |
| positive news or event | Negative news or event |
| positive market sentiment | Economy or market decline |
| Issuing shares at high price | Share buyback or delisting |
What effect do market cap fluctuations have on the company and investors?
Impact on the company: A large market cap helps the company to raise funds from the market, take loans or acquire other companies. At the same time, small or low market cap reduces the ability of the company to take financial decisions.
Impact on investors: Investors directly benefit from increasing market cap. Because the price of their shares increases. At the same time, the fall may cause losses, due to which investors may decide to sell shares.
Example: If TCS’s market cap grows by ₹12.43 lakh crore, investors’ wealth will increase, and the company may get more capital for future investments. But if the market cap falls then it may incur losses.
Source link
[ad_3]
