Branch2 Intelligence
Mcap of 6 of top-10 most valued firms surges by ₹1 lakh crore; Airtel, Bajaj Finance top gainers
Key takeaway
6 of top-10 Indian firms added ₹1 lakh crore in market cap; Airtel and Bajaj Finance lead gains.
- Step 11st-order: Broad market rally lifts market cap of top-10 firms by ₹1 lakh crore.
- Step 22nd-order: Improved equity valuations reduce cost of capital for large firms, enabling cheaper debt and equity issuance.
- Step 33rd-order: Lower cost of capital for large firms may lead to increased investment and competitive pressure on SMEs in telecom and financial services.
Source: IN:Mint
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