Tags:
Journalism of Courage
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.
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.
