ITC becomes India’s 4th most valued firm in market cap
  • 6 years ago
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% higher at ₹302.20 on BSE. Intra-day, it zoomed 6.91% to ₹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 ₹3,69,259.15 crore, which was ₹10,460.27 crore more than that of HUL’s ₹3,58,798.88 crore m-cap on BSE. With this, ITC also became the most valued FMCG company. HUL shares ended 0.64% lower at ₹1,657.55 on BSE. During the day, it slipped 1.51% to ₹1,643.