Mumbai9 minutes ago
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Reliance Industries has earned ₹ 2.69 lakh crore in the fourth quarter of FY 2024-25. At the same time, a profit of Rs 19,407 crore has been recorded.
The market value of the country’s largest private sector company Reliance Industries has increased by Rs 1.65 lakh crore after this week’s business. Now the company’s market cap has been Rs 19.24 crores.
Apart from Reliance, the value of telecom company Bharti Airtel has increased by Rs 20,756 crore to Rs 10.56 lakh crore. At the same time, ICICI Bank has increased ₹ 19,382 crore, HDFC 11,515 crore and Infosys’s 10,902 crore has increased.
Bajaj Finance, HUL and TCS value fell
At the same time, the value of Bajaj Finance declined by Rs 15,471 crore to ₹ 5.51 lakh crore, Hindustan Unilever reduced ₹ 1,985 crore to ₹ 5.46 lakh crore and Tata Consultancy Company i.e. TCS value has come down to ₹ 1,284 crore to ₹ 12.46 lakh crore.
Stock market climbed more than 1200 points this week
The stock market increased on the last trading day of the week i.e. Friday, May 2. The Sensex climbed 260 points to close at 80,502 levels. The Nifty also rose by 12 points, it closed at 24,347 levels.
The Sensex has gained 1290 points in the week -long trade. It was at the level of 79,212 on the last trading day of last week i.e. 25 April, which closed at 80,502 on May 2.
17 out of 30 shares of Sensex closed off. Adani Ports shared 4.11%, 2.70%of Bajaj Finance, 1.51%of SBI. IndusInd Bank, Tata Motors, ITC, Tata Steel and Maruti Suzuki closed up 1%. Nestle India, NTPC and Kotak Bank shares fell by more than 1%.
Out of 50 shares of Nifty, 32 declined. Metal, realty and consumer durables were the biggest decline in the sectoral indices of NSE. Whereas, IT, media and banking stocks saw a slight rise.
What is a market capitalization?
Market cap is the value of any company’s total outstanding stocks, ie all the shares that its shareholders currently have. Its calculation is done by multiplying the total number of issued shares of the company by their price.
Understand this with an example …
Suppose … People have purchased in 1 crore stock market of company ‘A’. If the price of a share is Rs 20, then the company’s market value will be Rs 1 crore x 20 or 20 crores.
How does the market cap use?
- The market cap is used to catarise the shares of companies, so that investors will help in choosing them according to their risk profiles. Such as large cap, mid cap and small cap companies.
- 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 to be 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.
