Monday, 20 September 2010

India's 10 Most Valuable Companies

1. Reliance Industries Ltd.: Enjoying the numero uno position, RIL saw the addition of Rs 22,509.77 crore (Rs 225.097 billion) to its m-cap during the past week. At the end of trade on Monday, the Mukesh Ambani-led energy giant was valued at Rs 339,955.03 crore (Rs 3,399.550 billion).

2. ONGC: State-run ONGC continues to hold on to the second position. Oil and gas major ONGC added Rs 9,207.84 crore (Rs 92.078 billion) to its kitty to take its m-cap to Rs 300,278.77 crore (Rs 3,002.787 billion).

3. State Bank of India: India's largest bank and public sector giant, State Bank of India, saw its valuation swell by Rs 7,080.14 crore (Rs 70.801 billion) to Rs 197,111.19 crore (Rs 1,971.112 billion).

4. Tata Consultancy Services: India's largest IT company, Tata Consultancy Services, was fourth with a market capitalisation of Rs 178,124.77 crore (Rs 1,781.247 billion).

5. Infosys Technologies: IT giant Infosys Technologies was fifth. It added Rs 7,698.12 crore (Rs 76.981 billion) to its m-cap. The valuation of the company stood at Rs 172,136.86 crore (Rs 1,721.368 billion).

6. NTPC: Power major NTPC enlarged its valuation by Rs 2,968.37 crore (Rs 29.684 billion) to Rs 168,619.66 crore (Rs 1,686.196 billion). It is the sixth most valuable company in India.

7. Bharti Airtel: The country's top telecom operator, Bharti Airtel, added Rs 3,170.93 crore (Rs 31.709 billion) to take its m-cap to Rs 139,371.92 crore (Rs 1,393.719 billion).

8. ICICI: During the past week, ICICI Bank added Rs 10,809.4 crore (Rs 108.094 billion) to its m-cap.

9. Larsen & Toubro: Engineering major Larsen & Toubro saw its valuation expand by Rs 4,365.86 crore (Rs 43.658 billion) to Rs 120,569.69 crore (Rs 1,205.697 billion).

10. BHEL: Public sector major Bharat Heavy Electricals Ltd BHEL is the tenth most valuable Indian firm. Its market capitalisation stands at Rs 119,621.55 crore (Rs 1,196.215 billion) as on close of trading on Monday.

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