North India Statesman
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Share Market Marathi News: The joint market capitalization of 5 of the top 10 companies in the country has increased by Rs 84,559 crore in last week’s business. Of these, Hindustan Unilever Limited i.e. HUL earned the highest profit last week. Its market capitalization has come down by ₹ 28,700 crore to ₹ 5.56 lakh crore.
The market cap of Reliance Industries has increased by ₹ 19,757 crore to ₹ 16.50 lakh crore. ITC’s market cap increased by Rs 15,329 crore to Rs 5.27 lakh crore. Apart from this, the market cap of Bajaj Finance and Bharti Airtel has also increased. Meanwhile, the market price of TCS, Infosys, SBI, ICICI Bank and HDFC Bank has come down.
Market cap is the value of the total outstanding shares of any company, that is, the value of all the shares currently placed by its shareholders. It is calculated by multiplying the total number of shares issued by the company by stock price.
The market cap is used to classify the shares of a company, so that investors can help select shares based on their risk profiles. Such as large cap, mid cap and small cap companies.
Sensex declines last week
Last week, the Sensex declined by 207 points or 0.27%. The Nifty also fell 75.9 (0.33%) last week. The Sensex rose 1,310 points (1.77%) to close at 75,157 on the last trading day of the week on Friday (April 11). The Nifty also climbed about 429 points to 22,829 levels.
How does the market cap work?
Whether or not a company will benefit from the stock, it is estimated on the basis of several factors. One of these factor is market capitalization. Investors can tell how big it is by looking at the market capitalization of a company.
The higher the market capitalization of a company, the better the company will be considered better. Share prices increase and decrease according to demand and supply. Therefore, market capitalization is publicly considered of that company.
How is market capitalization fluctuations?
It is clear from the market cap formula that it is calculated by multiplying the total number of shares issued by a company by stock price. That is, if the share price increases, the market cap will also increase and if the share price decreases then the market cap will also decrease.
