Top-10 cos add over Rs 52k cr to m-cap

During the past week,all the top-10 firms added a sum of over Rs 52,000 crore to their market capitalisation,with trading firm MMTC emerging as the biggest gainer,leap-frogging to fourth place from seventh rank in the previous week.

The week saw telecom major Bharti Airtel move out of the list of top-10 firms by market capitalisation,to be replaced by engineering firm Larsen & Toubro. The ranking of several other heavyweights also saw changes.

MMTC saw its valuation swell by Rs 16,910.25 crore,taking its total valuation to Rs 1,60,247.25 crore.

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Shares of MMTC gained 3,382.05 points,or 11.79 per cent,to settle at Rs 32,049.45 on the Bombay Stock Exchange at the end of Friday’s trade.

The BSE-30 share index Sensex during the week gained 505.87 points,or 2.96 per cent,to settle at Rs 17,570.82 on the BSE.