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HDFC Bank overtakes RIL to become second most valued firm

Press Trust of India  |  New Delhi 

today surpassed Industries Ltd to become the country's second most valued firm in terms of market capitalisation.

At close of trade today, Bank's market capitalisation (m-cap) stood at Rs 4,31,471.57 crore -- Rs 4,688.27 crore more than RIL's Rs 4,26,783.30 crore.

of rose by 0.62 per cent to Rs 1,679.65 on BSE, while fell by 0.51 per cent to Rs 1,312.60.

During the day, the scrip of gained 1.35 per cent to touch its 52-week high of Rs 1,691.90.

is the most valued Indian company with a m-cap of Rs 4,83,424.79 crore, followed by HDFC Bank, RIL, (Rs 3,70,130.76 crore) and HDFC (Rs 2,65,178.80 crore) in the top-five list.

The benchmark today ended flat at 31,103.49, up 7.79 points.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 13 2017. 19:57 IST