HCL Tech enters top-10 most valued firms club; surpasses ITC in m-cap

HCL Tech hit a fresh record high of Rs 817.45 on the BSE on Thursday, rallying 13% in the past four days

IT major HCL Technologies entered the list of top-10 most valuable companies in India after the stock rose nearly 4 per cent to Rs 817 on the BSE on Thursday.

At 10:36 pm, HCL Technologies recorded market capitalisation (m-cap) of Rs 2.2 trillion, and stood at 10th position in the overall ranking, BSE data show. The company surpassed cigarette major and fast moving consumer goods (FMCG) company ITC, which has the market-cap of Rs 2.19 trillion.

HCL Technologies now become the third IT company featuring in the top-10 most valuable firm in terms of market-cap. Tata Consultancy Services