Tata Motors among top 10 most valuable companies

With a m-cap of Rs 1,28,100 cr, Tata Motors now features at ninth rank in the list and replaces HDFC in this prestigious club

Auto major Tata Motors has entered the club of top 10 most-valuable companies by market capitalisation, following a sharp rally in its stock on Thursday. During intra-day trade, Tata Motors shares touched Rs 405 apiece on the BSE, before closing at Rs 398.

With a market capitalisation of Rs 1,28,100 crore, Tata Motors is now at ninth position in the list. This puts the company ahead of Hindustan Unilever, which stands at the 10th position with a market capitalisation of Rs 1,27,680 crore.

The Tata Motors stock has been one of the best performers in 2013, appreciating nearly 28 per cent, compared to a 5.7 per cent rise in benchmark S&P BSE Sensex.