Market capitalization of four of India's ten most expensive companies rose by 92,995 crore rupees, with HDFC and Airtel leading

July 12, 10:44

Ajit Mishra, SVP, Research at Religare Broking Ltd, noted that the markets closed with a slight decline, interrupting a four-week winning streak due to renewed geopolitical tensions in the Middle East and a sharp rise in crude oil prices. However, the start of the week was positive thanks to falling oil prices, encouraging first-quarter reports, improved monsoon progress, and broad buying.

Sentiment Decline and Recovery

Nevertheless, sentiment weakened mid-week following the escalation of tensions between Iran and the US, which triggered a sharp sell-off. After this, the benchmark indices managed to recover a significant portion of their losses over the last two trading sessions, Mishra added.

Changes in Company Rankings

Among the top 10 companies that showed growth were Reliance Industries, HDFC Bank, Bharti Airtel, and Life Insurance Corporation of India (LIC). At the same time, ICICI Bank, State Bank of India, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, and Hindustan Unilever collectively lost 49,294.13 crore rupees in their valuation.

Details of Growth and Decline

HDFC Bank's market value increased by 35,808.09 crore rupees, reaching 12,69,454.42 crore rupees, marking the largest gain among the top 10 companies. Similarly, Bharti Airtel's value grew by 34,896.92 crore rupees, amounting to 11,98,774.22 crore rupees. LIC added 16,065.5 crore rupees, bringing its valuation to 5,60,205.05 crore rupees, while Reliance Industries rose by 6,224.97 crore rupees, reaching 17,71,206.33 crore rupees.

However, Hindustan Unilever's market capitalization decreased by 12,088.65 crore rupees, settling at 5,04,997.65 crore rupees. Larsen & Toubro's value dropped by 11,040.23 crore rupees to 5,42,938.40 crore rupees. TCS's MCap decreased by 8,574.87 crore rupees to 7,48,600.40 crore rupees, and Bajaj Finance lost 7,813.58 crore rupees, falling to 6,35,327.78 crore rupees. ICICI Bank's MCap slightly decreased by 6,315.32 crore rupees to 10,05,379.71 crore rupees, while State Bank of India's value reduced by 3,461.48 crore rupees to 9,56,430.44 crore rupees.

Market Leader Positions

Reliance Industries maintained its position as the most expensive company, followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, LIC, Larsen & Toubro, and Hindustan Unilever.

business-standard.comJuly 4, 13:36

HDFC Bank reports 15.4% loan growth and 14.7% deposit increase in Q1 FY27

HDFC Bank, India's largest private lender, has released a preliminary business report indicating that gross loans grew by 15.4% year-over-year (YoY) and deposits increased by 14.7% during the June quarter (Q1FY27).

Financial figures at the end of the period

As of June 30, 2026, the bank's gross loans reached approximately INR 30.61 trillion, compared to INR 26.53 trillion a year earlier. On a year-over-year basis, gross loans increased by 3.4% compared to the figure of INR 29.60 trillion at the end of March 2026.

Assets Under Management (AUM), which include interbank certificates, discounted bills, and securitization/asset transfers, grew by 12.4% YoY, totaling INR 31.27 trillion versus INR 27.82 trillion a year ago. The sequential increase in AUM was 2.3% compared to INR 30.57 trillion at the end of March.

Average figures for the quarter

The average AUM for the quarter reached INR 30.39 trillion, which is 10.8% higher than in the same quarter last year and 2.5% more than in the March quarter. Regarding liabilities, deposits at the end of the period grew by 14.7% YoY, reaching INR 31.71 trillion compared to INR 27.64 trillion a year ago. The sequential growth in deposits was 2.1% relative to INR 31.05 trillion at the end of March.

Dynamics of different deposit types

Average deposits for the quarter increased by 13.3% YoY, reaching INR 30.11 trillion, whereas this figure was INR 26.58 trillion in the previous year. Compared to the March quarter, average deposits rose by 5.6% from INR 28.51 trillion. Current and savings account deposits (CASA) at the end of June stood at INR 10.26 trillion, which is 9.4% more than INR 9.37 trillion a year ago. However, CASA deposits decreased by 3.3% compared to INR 10.60 trillion at the end of March.

Term deposits at the end of the period increased by 17.4% YoY, reaching INR 21.45 trillion, compared to INR 18.27 trillion a year ago, and rose by 4.9% compared to INR 20.45 trillion at the end of the previous quarter. On average for the quarter, CASA deposits grew by 11.2% YoY to INR 9.57 trillion, an increase of 4.2% compared to INR 9.18 trillion in the March quarter.

Reserve Bank of India data

According to Reserve Bank of India data, bank lending grew by 17.7% YoY as of two weeks ending June 15, while deposits increased by 12%, reflecting a gap in loan and deposit growth of 570 basis points.

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