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Mukesh Ambani (File)
In a major boost for billionaire Mukesh Ambani, Asia's richest man, his Reliance Industries emerged as the biggest gainer in the stock market last week, adding a staggering Rs 30,786.38 crore to its market cap, which now stands at Rs 19,53,480.09 crore. As per market data, nine of India's top-10 most valued firms added a combined Rs 1,00,850.96 crore in market valuation last week, with Reliance Industries and HDFC Bank emerging as show-stealers with maximum gain, in line with an optimistic trend in equities.
Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Life Insurance Corporation of India, Bajaj Finance, and Hindustan Unilever Ltd were the gainers, while Tata Group's Tata Consultancy Services (TCS) — India's largest IT services exporter– was the only laggard among the top-10 firms. 9 of top-10 firms witness mcap surge, TCS only laggard
The market capitalisation (mcap) of Reliance Industries jumped Rs 30,786.38 crore to Rs 19,53,480.09 crore, while HDFC Bank's valuation surged Rs 26,668.23 crore to Rs 15,15,853.85 crore. Bajaj Finance added Rs 12,322.96 crore taking its valuation to Rs 5,82,469.45 crore, Hindustan Unilever's mcap zoomed Rs 9,280.89 crore to Rs 5,61,282.11 crore, while the valuation of Bharti Airtel climbed Rs 7,127.63 crore to Rs 10,65,894.55 crore, and that of Life Insurance Corporation of India (LIC) advanced Rs 3,953.12 crore to Rs 6,07,073.28 crore.
Narayana Murthy-led Infosys added Rs 519.27 crore to its mcap, which stood at Rs 6,49,739.73 crore, and the market cap of State Bank of India (SBI) went up Rs 401.61 crore to Rs 7,25,437.74 crore.
However, TCS emerged as the only laggard among the top-10 firms, losing Rs 28,510.53 crore of its valuation, which currently stands at Rs 12,24,975.89 crore.
Mukesh Ambani-led Reliance Industries retained the coveted title of India's the most-valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Bajaj Finance, and Hindustan Unilever. Mukesh Ambani net worth
Meanwhile, owing to the stellar performance of Reliance Industries at the stock market, the net worth of Mukesh Ambani, who leads the oil-to-telecom conglomerate as its Chairman, surged to $109.2 billion as of June 8, 2025, according to Forbes Real Time Billionaires List.
Mukesh Ambani is the richest man in India and all of Asia, and 16th wealthiest globally, as per Forbes.
(With PTI inputs)
