Five out of 10 cos add over Rs 1.13 trillion last week
In the last week, the 5 out of 10 companies added Rs 1,13,117.17 crore to their total market valuation.
In the last week, the 5 out of 10 companies added Rs 1,13,117.17 crore to their total market valuation.
ICICI Bank on Saturday reported a 14.5 per cent growth in net profit at Rs 11,746 crore (year-on-year) in Q2 FY25, from Rs 10,261 crore in the year-ago quarter.
Last week, four of the top 10 most-valued firms together added Rs 81,151.31 crore in market valuation. ICICI Bank and HDFC Bank emerged as the biggest gainers.
The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week.
Share of Reliance Infrastructure Ltd went up 20 per cent on Wednesday after the company announced that its external debt was down to Rs 475 crore, against the earlier Rs 3,831 crore.
It called the report published by The Morning Context as ‘baseless’ and a ‘figment of imagination’. It also categorically denied the information published in the article.
For Q4 FY24, ICICI reports a net profit of Rs 10,708 crore, up 20 per cent from last year.
In the list, State Bank of India is at the 20th position, HDFC Bank at 33 and ICICI Bank at 48th spot.
The BSE Sensex on Thursday was trading at 73,755 points, up by 758 points or 1.04 per cent, led by gains in the financial stocks.
IHMCL, the toll collecting arm of state-owned NHAI, in a post on X, said for hassle-free travel, buy your FASTag from 32 authorised banks.