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HDFC Life enters top-30 market cap league

With the market-cap of Rs 961.21 billion at 02:39 pm; HDFC Life stood at number 30th position in overall market-cap ranking, surpasses BPCL and Mahindra & Mahindra.

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SI Reporter Mumbai
HDFC Standard Life Insurance (HDFC Life) entered the elite club of 30 stocks with highest market capitalization (market-cap) on the BSE, as its share price jumped nearly 7% on Monday in intra-day trade, extending its 7.4% gain in past five trading sessions.

HDFC Life hit an intra-day high of Rs 484 on the BSE, trading close to its highest level since listing on November 17, 2017, up 66% against issue price of Rs 290 per share. It touched record high of Rs 493.75 on January 1, 2018 in intra-day deal

With the market-cap of Rs 961.21 billion at