Mukesh Ambani gets richer by Rs 20,230 crore in just five days due to…
GH News December 29, 2024 07:06 PM
Mukesh Ambani Asias richest man just got wealthier by Rs 20230 in just five days as Reliance Industries emerged as one of the top gainers during the trade week adding Rs 20230.9 crore to its market capitalization (Mcap) which currently stands at Rs 1652235.07 crore.
According to market data six of Indias top-10 most valued firms together added Rs 86847.88 crore in market valuation last week with HDFC Bank and Reliance Industries emerging as the biggest gainers in line with an overall optimistic trend in equities.
Reliance Industries HDFC Bank ICICI Bank Bharti Airtel ITC and Hindustan Unilever emerged as winners while the market valuation of Tata Consultancy Services (TCS) Infosys State Bank of India and Life Insurance Corporation of India (LIC) eroded the data showed/
Here are the top gainers and losers of the week:
Gainers
HDFC Bank emerged as the top gainer its mcap surging by Rs 20235.95 crore to Rs 1374945.30 crore.
Reliance Industries added Rs 20230.9 crore taking its valuation to Rs 1652235.07 crore.
ITCs valuation jumped Rs 17933.49 crore to Rs 599185.81 crore
ICICI Bank climbed Rs 15254.01 crore to Rs 922703.05 crore.
The valuation of Sunil Mittal-led Bharti Airtel soared Rs 11948.24 crore to Rs 910735.22 crore
Hindustan Unilever rallied Rs 1245.29 crore to Rs 549863.10 crore.
Losers
State Bank of India tumbled by Rs 11557.39 crore to Rs 713567.99 crore.
LIC declined by Rs 8412.24 crore to Rs 561406.80 crore.
Infosys dropped by Rs 2283.75 crore to Rs 795803.15 crore.
TCS dipped Rs 36.18 crore to Rs 1508000.79 crore.
Mukesh Ambani-led retained its coveted title as the most-valued domestic company followed by TCS HDFC Bank ICICI Bank Bharti Airtel Infosys State Bank of India ITC LIC and Hindustan Unilever.
Last week the BSE benchmark climbed 657.48 points or 0.84 per cent and the Nifty rose 225.9 points or 0.95 per cent.
Mukesh Ambani net worth
Meanwhile following the strong showing at the market by Reliance Industries its Chairman Mukesh Ambani continues to remain the richest person in India and across all of Asia boasting a net worth of $94.8 billion according to Forbes Real Time Billionaires List. Mukesh Ambani is the 18th richest individual in the world and the wealthiest in Asia as per Forbes.