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- MCAP of 6 of Top 10 Most Valued Firms SURGES RS 1.18 Lakh Cr, HDFC Bank Top Gainer
Mumbai12 minutes ago
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In last week’s business, 6 out of the top-10 companies in the country have increased the combine market capacity of Rs 1.18 lakh crore. Among them, HDFC Bank benefited the most last week. Its market cap increased ₹ 32,639 crore to ₹ 13.25 lakh crore.
At the same time, Bharti Airtel’s market cap increased by ₹ 31,003 crore to ₹ 9.56 lakh crore. The market cap of Bajaj Finance has increased by ₹ 29,032 crore to 5.24 lakh crores.
Infosys’s market cap increased by ₹ 21,114 crore to 7.90 lakh crores. Apart from this, the market cap of Reliance Industries and ICICI Bank has also increased.
Apart from this, the market value of four companies- ITC, Hindustan Unilever, SBI and TCS declined by Rs 1.15 lakh crore.
Last week, the Sensex increased by 1,043 points
Last week, the Sensex increased by 1,043.47 points, or 1.36%. The Nifty also rose by 225.05 (0.96%) last week. On Friday, February 7, the Sensex fell 197 points to close at 77,860 levels. The Nifty fell 43 points to close at 23,559 levels.
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.
