HDFC surpasses Maruti Suzuki, Hindustan Unilever in m-cap ranking

With an m-cap of Rs 2,987 billion, HDFC now features at fifth rank in the list by replacing fast moving consumer goods company Hindustan Unilever from this prestigious club.

HDFC hit a new high of Rs 1,886, up 7% on the BSE in intra-day trade, making its entry into the list of the top-5 most valuable companies by market capitalisation (m-cap). The m-cap of mortgage lender crosses Rs 3,000 billion mark in intra-day deal on Monday.

The stock finally settled 6% higher at Rs 1,869.95 on BSE, as compared to 0.73% rise in the S&P BSE Sensex.

With an m-cap of Rs 2,987 billion, HDFC now features at fifth position in the list by replacing fast moving consumer goods (FMCG) company Hindustan Unilever from this prestigious club.