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- Five of Top 10 Valued Firms Add RS 84,559 Crore in Valuation Last Week, Hul Top Gainer
Mumbai9 minutes ago
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In last week’s business, the Combine Market Capitalization of 5 of the top-10 companies in the country has increased by Rs 84,559 crore. Among them, Hindustan Unilever Limited i.e. HUL benefited the most last week. Its market cap has fallen by ₹ 28,700 crore to ₹ 5.56 lakh crore.
The market cap of Reliance Industries has increased by ₹ 19,757 crore to ₹ 16.50 lakh crore. The market cap of ITC has increased by ₹ 15,329 crore to ₹ 5.27 lakh crore. Apart from this, the market cap of Bajaj Finance and Bharatiya Airtel has also increased. At the same time, the market value of TCS, Infosys, SBI, ICICI Bank and HDFC Bank has decreased.
Sensex fell 207 points last week
Last week, the Sensex dropped 207 points i.e. 0.27%. The Nifty also had a decline of 75.9 (0.33%) last week. On Friday (April 11), the Sensex rose 1310 points (1.77%) to close at 75,157 levels on the last trading day of the week. The Nifty also rose by about 429 points, reaching the level of 22,829.
What is a market capitalization?
The market cap is the value of the total outstanding stocks of any company, ie all the shares that its shareholders currently have. It is calculated by multiplying the totus number of the company’s issued shares by the price of the stock.
The market cap is used to catarise the shares of companies to help investors to choose them according to their risk profiles. Such as large cap, mid cap and small cap companies.
Market cap = (Number of outstanding shares) x (price of shares)
How does the market cap use?
Whether or not a company will get a profit in shares, it is estimated by looking at many factors. One of these factor is also a market cap. Investors can find out how big the company is by looking at the market cap.
The higher the market cap of the company, the better it is considered a good company. According to demand and supply, stock prices rise and decrease. Therefore, the market cap is the public’s public percevad value.
How does the market cap decrease?
It is clear from the formula of the market cap that it is removed by multiplying the total number of shares of the company by the price of stock. That is, if the share price increases, the market cap will also increase and the share price will decrease, then the market cap will also decrease.
