The country's 10 most valued firms witnessed an addition of nearly Rs 20,000 crore in their market valuation last week,with ONGC toppling power producer NTPC as the most valued state-run entity. State-run oil producer ONGC added Rs 6,951 crore last week to clinch the second place in the elite club,replacing NTPC,which lost Rs 5,483 crore to skid to the third spot. During the week,shares of ONGC surged five per cent on the Bombay Stock Exchange taking its market capitalisation to Rs 1,50,994 crore. While,scrip of NTPC dipped four per cent dragging its valuation down to Rs 1,40,338 crore. The coveted club of top 10 firms,which comprises four private entities and six public sector companies,gained Rs 19,763 crore during the last week with total valuation of Rs 9,86,966 crore. In the previous week,the valuation of the club stood at Rs 9,67,202 crore. Mukesh Ambani-led Reliance Industries regained its Rs trillion turf in valuation by adding Rs 17,595 crore last week. RIL scrip surged by 10 per cent during the week on BSE,taking its valuation to Rs 2,01,816 crore from Rs 1,84,221 crore in the previous week.
