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How much did LIC-SBI earn last week, TCS and ICICI were in loss
Rahul Tiwari | June 16, 2024 3:21 PM CST

How much did LIC-SBI earn last week, TCS and ICICI were in loss

Last week, the stock market witnessed a lot of ups and downs. The special thing is that the stock market also set a new record. The cabinet of the new government is ready and all the ministries have also been divided. In such a situation, the shares of government companies have also seen a rise and their market cap has also increased. Last week, the country's largest insurance company LIC has benefited the most. However, an increase has also been seen in the market cap of SBI.

If we look at the top 10 companies, only 5 companies have seen an increase in market cap by Rs 85,582.21 crore. While the five companies together lost Rs 84,704.81 crore from market valuation. This means that there is not much limit in the profit and loss scenario. Last week, the BSE benchmark Sensex rose 299.41 points or 0.39 percent. The 30-share barometer reached its all-time high of 77,145.46 on June 13. Let us try to understand which five companies have seen an increase in market cap and which five have suffered losses.

Increase in market cap of these companies

  1. The valuation of the country's largest insurance company LIC increased by Rs 46,425.48 crore and the total market cap increased to Rs 6,74,877.25 crore.
  2. The market cap of the country's largest private lender HDFC Bank increased by Rs 18,639.61 crore to Rs 12,14,965.13 crore.
  3. The country's largest company Reliance Industries added Rs 10,216.41 crore, taking its valuation to Rs 19,98,957.88 crore.
  4. The market cap of the country's largest public sector lender State Bank of India has increased by Rs 9,192.35 crore to Rs 7,49,845.89 crore.
  5. On the other hand, in terms of market cap, the market cap of the country's largest telecom company Airtel increased by Rs 1,108.36 crore to Rs 8,11,524.37 crore.

Loss in market cap of these companies

  1. Hindustan Unilever's valuation fell by Rs 22,885.02 crore to Rs 5,82,522.41 crore.
  2. The market cap of the country's largest IT company TCS has declined by Rs 22,052.24 crore to Rs 13,86,433.05 crore.
  3. The market cap of Infosys, one of the country's largest IT companies, declined by Rs 18,600.5 crore to Rs 6,18,030.37 crore.
  4. The valuation of the country's second largest private lender ICICI Bank has declined by Rs 11,179.27 crore to Rs 7,77,795.90 crore.
  5. On the other hand, the valuation of ITC, one of the country's largest companies, fell by Rs 9,987.78 crore to Rs 5,38,216.34 crore.


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