TCS investors roar, earn Rs 30,000 crore in a week… Reliance faces huge loss roar, earn Rs 30,000 crore in a week… Reliance faces huge loss

Dear TCS investors Tata Consultancy Services (TCS), a prominent company within the Tata Group, has delivered substantial profits to its investors. In just the past week, investors in the company’s shares have seen their wealth surge by over Rs 30,000 crore. When examining the market cap of the top 10 companies listed in the Sensex index of the stock market, the combined value of the five included companies has risen by a total of Rs 86,234.73 crore. Notably, TCS emerged as the top gainer, while Reliance experienced the most significant loss.

Join Our Telegram Channel
TCS investors roar, earn Rs 30,000 crore in a week… Reliance faces huge loss roar, earn Rs 30,000 crore in a week… Reliance faces huge loss

TCS Investors’ Wealth Surge

The five Sensex companies witnessing a rise in market capitalization last week include TCS, HDFC Bank, Infosys, HUL, and Bajaj Finance. During this period, TCS’s market capitalization reached Rs 13,24,649.78 crore, signifying a wealth increase of Rs 32,730.22 crore for the company’s investors. Investors in this Tata Group company have thus reaped substantial benefits.

CategoryInformation
Company nameTata Consultancy Services Limited (TCS)
IndustryInformation technology (IT) services, consulting, and business solutions
Founded1968
HeadquartersMumbai, India
CEORajesh Gopinathan
Number of employees592,000+
RevenueUS$25.7 billion
Stock tickerTCS (BSE and NSE)
WebsiteClick Here

Other Benefiting Companies

In addition to TCS, other companies have also brought gains to their investors. Bajaj Finance saw an increase of Rs 21,697.96 crore, with its market cap reaching Rs 4,94,884.37 crore. Infosys, a major player in the IT sector, experienced an increase of Rs 18,057.94 crore in market cap, reaching Rs 6,13,655.04 crore. Hindustan Unilever Limited’s market value in this list grew by Rs 7,730.16 crore to Rs 5,87,104.12 crore, while HDFC Bank’s capitalization increased by Rs 6,018.45 crore to Rs 11,63,164.31 crore.

TCS investors roar, earn Rs 30,000 crore in a week… Reliance faces huge loss roar, earn Rs 30,000 crore in a week… Reliance faces huge loss

Reliance Investors Face Losses

Among the five companies where investors incurred losses last week, Reliance Industries Limited, led by Mukesh Ambani, topped the list. Reliance’s market cap fell by Rs 19,336.49 crore to Rs 15,68,216.88 crore in a week. Following this, the most significant decline was in ICICI Bank’s market cap, decreasing by Rs 4,671.54 crore to Rs 6,62,057.43 crore. SBI’s market cap declined by Rs 4,105.33 crore to Rs 5,30,211.19 crore, and ITC’s market cap dropped by Rs 2,743.6 crore to Rs 5,51,463.84 crore. Bharti Airtel investors also faced a loss of Rs 196.19 crore, with its market cap declining to Rs 5,19,082.95 crore.

Reliance Remains Most Valuable

Despite the significant decline in Reliance’s market cap during the period, the company continues to be the most valuable in the country in terms of market value. Following Reliance are Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever (HUL), ITC, State Bank of India (SBI), Bharti Airtel, and Bajaj Finance.

(Note: Prior to making any investments in the stock market, it is advisable to seek advice from market experts.)

Read Also:

How to become a District Judge 2023

Terrorist attack on Israel || India is in big trouble || Israel Attack || Hamas Attack ||

India’s Aditya L-1: Journey towards the Sun

Why Narendra Modi Meet Ankit Baiyanpuria

Leave a comment