Maruti Suzuki hits new high; enters top-10 club of most valuable companies

The stock hit a new high of Rs 6,355, up 5% on the BSE in intra-day trade.

Maruti Suzuki India hit a new high of Rs 6,355, up 5% on the BSE in intra-day trade, making its entry into the list of the top-10 most valuable companies by market capitalisation (m-cap).

With an m-cap of Rs 191,368 crore, Maruti Suzuki India now features at tenth rank in the list by replacing oil marketing giant Indian Oil Corporation Limited (IOCL) in this prestigious club.  IOCL reported m-cap of Rs 185,107 crore at 02:19 pm, the BSE data shows.

Since April 2016, Maruti Suzuki India has outperformed the market by surging 71% as compared to 18% rise in the