State Bank of India (SBI) on Thursday yet again surpassed energy behemoth ONGC
to become the country's most-valued PSU
by market valuation.
In the past few days, a game of musical chair was being played out between SBI
for the title of most-valued PSU.
on Tuesday for the first time toppled ONGC
as the most-valued PSU.
The market capitalisation (m-cap) of SBI
at the end of Thursday's trade stood at Rs 2,31,049.83 crore. This was Rs 757.42 crore more than ONGC's valuation of Rs 2,30,292.41 crore.
has been the country's most valued firm
across private and public sectors for some time a few years ago when it first toppled RIL
from the top of the charts and then also TCS
from the pole position.
Shares of SBI
on Thursday rose by 0.25 per cent to close at Rs 284.90, while ONGC
ended at Rs 179.45, down 0.22 per cent on BSE.
In the top-10 ranking, SBI
stands at sixth place and ONGC
at the seventh spot.
is the most-valued Indian firm
with a market valuation of Rs 4,58,784.59 crore, followed by RIL
(Rs 4,45,237.53 crore), HDFC
Bank (Rs 3,74,631.37 crore), ITC
(Rs 3,39,397.88 crore), HDFC
(Rs 2,40,992.68 crore), SBI, ONGC, Infosys
(Rs 2,13,076.07 crore), IOC
(Rs 2,07,589.94 crore) and HUL
(Rs 1,98,276.07 crore).