Mcap of nine of top-10 most-valued firms surges Rs 3 lakh cr; ICICI Bank, Airtel biggest gainers

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Mcap of nine of top-10 most-valued firms surges Rs 3 lakh cr; ICICI Bank, Airtel biggest gainers

//business-finance.news-articles.net/content/202 .. 3-lakh-cr-icici-bank-airtel-biggest-gainers.html

Published in Business and Finance on Sunday, March 23rd 2025 at 3:00 GMT by Moneycontrol
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The combined market valuation of nine of the top-10 most-valued firms surged Rs 3,06,243.74 crore last week, with ICICI Bank and Bharti Airtel emerging as the biggest gainers, in tandem with a bullish trend in equities.

The market capitalization of nine out of the top ten most valued firms in India surged by a combined Rs 3 lakh crore last week, with ICICI Bank and Bharti Airtel emerging as the biggest gainers. ICICI Bank's valuation increased by Rs 60,354.24 crore to Rs 8,57,680.81 crore, while Bharti Airtel's market cap rose by Rs 58,775.81 crore to Rs 8,22,530.35 crore. Other companies that saw gains included Reliance Industries, ITC, Infosys, HDFC Bank, State Bank of India, HDFC, and Tata Consultancy Services (TCS). However, Hindustan Unilever Limited (HUL) was the only firm to see a decline, with its market cap dropping by Rs 18,244.41 crore to Rs 5,19,900.67 crore. This market movement reflects significant investor confidence in these companies amidst various economic conditions.

Read the Full Moneycontrol Article at:
[ https://www.moneycontrol.com/news/business/mcap-of-nine-of-top-10-most-valued-firms-surges-rs-3-lakh-cr-icici-bank-airtel-biggest-gainers-12972671.html ]

Publication Contributing Sources

Moneycontrol

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Mcap of nine of top-10 most-valued firms surges Rs 3 lakh cr; ICICI Bank, Airtel biggest gainers