Tata Consumer Products overtakes Marico in m-cap; stock scales fresh peak

Since July 1, shares of Tata Consumer Products have surged an impressive 41 per cent, BSE data shows.

Shares of Tata Consumer Products rallied nearly 5 per cent to hit a fresh record high of Rs 542.90 apiece on the BSE on Thursday. With today's rally, the company surpassed the fast-moving consumer goods (FMCG) major Marico in terms of market capitalisation (m-cap).

At 01:51 pm, the stock was trading over 4 per cent higher at Rs 539 on the BSE with the m-cap of Rs 49,667.03 crore. In comparison, Marico's m-cap stood at Rs 47,137.39 crore while the share price of the company was trading 0.38 per cent higher at Rs 365. 

Since July 1, shares of Tata Consumer Products