Branch2 Intelligence
Mcap Of Six Of Top-10 Most Valued Firms Surges Rs 1 Lakh Crore; Airtel, Bajaj Finance Top Winners
Key takeaway
Six of top-10 Indian firms added ₹1 lakh crore in market cap; Bharti Airtel and Bajaj Finance lead.
- Step 11st-order: Broad market rally lifts valuations of top Indian firms by ₹1 lakh crore.
- Step 22nd-order: Improved equity valuations lower cost of capital for these firms, enabling cheaper debt and equity financing.
- Step 33rd-order: Lower financing costs allow Bharti Airtel and Bajaj Finance to invest in network expansion and customer acquisition, driving revenue growth.
Source: IN:NDTV Profit
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