Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
LIVE TV DownloadNews18 App
News18 English
»
1-min read

ITC Becomes Country's 4th Most Valued Firm in Market Capitalisation

At close of trade, ITC shares ended 5.24 per cent higher at Rs 302.20 on BSE. Intra-day, it zoomed 6.91 per cent to Rs 307 - its 52-week high.

PTI

Updated:July 27, 2018, 8:04 PM IST
facebookTwittergoogleskypewhatsapp
ITC Becomes Country's 4th Most Valued Firm in Market Capitalisation
File photo of ITC. (Courtesy: PTI)
New Delhi: ITC on Friday went past Hindustan Unilever to become the country's fourth most valued firm in terms of market valuation helped by a smart surge in its share price.

At close of trade, ITC shares ended 5.24 per cent higher at Rs 302.20 on BSE. Intra-day, it zoomed 6.91 per cent to Rs 307 - its 52-week high.

The stock was the top gainer among the 30-Sensex blue chips.

Led by the sharp rally in the stock, the company's market valuation rose to Rs 3,69,259.15 crore, which was Rs 10,460.27 crore more than that of HUL's Rs 3,58,798.88 crore m-cap on BSE.

With this, ITC also became the most valued FMCG company.

HUL shares ended 0.64 per cent lower at Rs 1,657.55 on BSE. During the day, it slipped 1.51 per cent to Rs 1,643.

Shares of ITC have been on a rising spree for the seventh straight session, surging nearly 13 per cent.

ITC on Thursday reported 10 per cent rise in standalone net profit at Rs 2,818.68 crore for the first quarter ended June 30, aided by lower expenses, good growth in agri-business and other FMCG business despite decline in cigarettes sales.

TCS is the country's most valued firm with a market cap of Rs 7,43,930.44 crore followed by RIL (Rs 7,15,772.03 crore), HDFC Bank (Rs 5,82,044.68 crore), ITC and HUL in the top five order on BSE.

Rise in ITC was also instrumental in sending the BSE benchmark index higher by 352.21 points to close at 37,336.85.
| Edited by: Padmaja Venkataraman
Read full article
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 
Most Active
Company Price Change %Gain
Reliance 1,339.80 1.05
Indiabulls Hsg 807.75 -0.83
HDFC 2,114.50 -0.38
SBI 337.55 -2.07
Tata Motors 176.80 -7.02
Company Price Change %Gain
Reliance 1,339.75 1.08
SBI 337.55 -2.05
HDFC Bank 2,403.80 -1.20
Indiabulls Hsg 808.25 -0.35
Tata Motors 176.60 -7.05
Top Gainers
Company Price Change %Gain
Dr Reddys Labs 2,667.00 3.00
Bharti Infratel 276.10 2.43
Britannia 2,848.70 1.70
Reliance 1,339.80 1.05
Titan Company 1,244.40 1.04
Company Price Change %Gain
Reliance 1,339.75 1.08
Bajaj Finance 3,432.65 0.76
HUL 1,783.50 0.62
Top Losers
Company Price Change %Gain
Tata Motors 176.80 -7.02
BPCL 374.45 -4.43
Zee Entertain 347.70 -4.08
IndusInd Bank 1,447.75 -3.14
Adani Ports 387.60 -3.12
Company Price Change %Gain
Tata Motors 176.60 -7.05
Maruti Suzuki 6,857.80 -3.25
IndusInd Bank 1,447.55 -3.02
Bharti Airtel 330.80 -2.66
M&M 638.80 -2.36

Live TV

Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results