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SBI beats ONGC to become most-valued PSU firm in mcap

Press Trust of India  |  Mumbai 

of (SBI) today surpassed to become the country's most valued state-owned firm in terms of market valuation.

At the end of trade, the market cap of stood at Rs 2,35,307.51 crore. This is about Rs 2,961.79 crore more than that of PSU energy major ONGC's Rs 2,32,345.72 crore.

once used to be the country's most-valued company in terms of market valuation.

Among the top-10 most valued companies list, is at fifth position, while is seventh.

of ended the day with a mild gain of 0.17 per cent at Rs 290.15, while ONGC fell by 1.12 per cent to Rs 181.05 on

In intra-day, of SBI rose by 2.33 per cent to Rs 296.40 and ONGC lost 1.36 per cent to Rs 180.60.

So far this year, of SBI surged almost 16 per cent while that of ONGC fell by over 4 per cent.

IT major is the most valued Indian company with a market cap of Rs 4,54,902.85 crore followed by (Rs 4,45,578.92 crore), (Rs 3,70,480.05 crore), ITC (Rs 3,38,851.25 crore), SBI, (Rs 2,35,122.56 crore), ONGC, Infosys (Rs 2,11,870.18 crore), HUL (Rs 1,97,464.44 crore) and Maruti Suzuki (Rs 1,85,235.49 crore).

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 18 2017. 17:07 IST