Tata Motors market cap breaches Rs 1 lakh cr

Second Tata group co in plus-Rs 1 lakh cr league of 15

Tata Motors today stormed into the league of companies that have market capitalization of more than Rs one lakh crore.

India's largest automobile company is the 15th company in the league, which is topped by another group company Tata Consultancy Services, which commands a market cap of Rs 3.9 lakh crore.

Shares of Tata Motors today surged nearly 10% to Rs 348 on BSE.

The salt to software conglomerate Tata group now has two companies with market value of more than Rs 1 lakh crore, while the group's third biggest company is Tata Steel, which has market cap of around Rs 28,900 crore.

Reliance Industries is the country's second-biggest company in terms of market cap of Rs 2.81 lakh crore.

ITC (Rs 2.63 lakh crore) is third on the list, followed by two PSUs -- ONGC (Rs 2.52 lakh crore) and Coal India (Rs 1.81 lakh crore).

The Rs one lakh plus market cap list includes four lenders -- HDFC Bank (Rs 1.51 lakh crore), HDFC (Rs 1.25 lakh crore), SBI (Rs 1.14 lakh crore) and ICICI Bank (Rs 1.12 lakh crore).

Infosys, Hindustan Unilever, Bharti Airtel and Sun Pharma also feature in the elite league.