Hindustan Unilever hits new high; enters top-5 club of most valued cos

With an m-cap of Rs 3.06 trillion, HUL now features fifth in the list by replacing India's largest mortgage financier, HDFC, which have m-cap of Rs 3.03 trillion at 01:20 pm; the BSE data show

Hindustan Unilever (HUL), the fast moving consumer goods company (FMCG), entered into the list of the top-5 most valuable companies by market capitalisation (m-cap) as the stock price of the company hit a new high on Wednesday.

With an m-cap of Rs 3.06 trillion, HUL now features at fifth position in the list by replacing India’s largest mortgage financier, Housing Development Finance Corporation (HDFC) in this prestigious club. HDFC reported m-cap of Rs 3.03 trillion at 01:20 pm. HUL is now 6% away to surpass FMCG gait ITC, which have m-cap of Rs 3.24 trillion, the BSE data shows.