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ONGC reclaims most-valued PSU firm status; topples SBI

Press Trust of India  |  New Delhi 

Energy behemoth today surged past of to reclaim the status of the most- valued PSU by market valuation.

A day after State toppled the energy firm, the market capitalisation (m-cap) of stood at Rs 2,30,805.73 crore at the end of trade today. This was Rs 323.59 crore more than SBI's m-cap of Rs 2,30,482.14 crore.

had been the country's most valued firm across private and public sectors for some time a few years ago, when it first toppled from the top of the charts and then also from the pole position.

of both the companies traded weak in today's session but the fall was sharper in SBI's case.

The scrip of ONGC fell by 0.66 per cent to end at Rs 179.85 on BSE, while lost 2.05 per cent to Rs 284.20.

In intra-day trade, ONGC declined by 0.96 per cent to Rs 179.30 and fell by 2.39 per cent to Rs 283.20.

In the top-10 ranking, ONGC stands at sixth position while is at seventh place.

is the most-valued Indian company with a market valuation of Rs 4,53,543.25 crore followed by (Rs 4,45,383.84 crore), HDFC (Rs 3,70,813.18 crore), ITC (Rs 3,39,033.46 crore), HDFC (Rs 2,36,695.34 crore), ONGC, SBI, IOC (Rs 2,11,304.70 crore), Infosys (Rs 2,11,043.28 crore) and HUL (Rs 1,96,750.20 crore).

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

First Published: Wed, April 19 2017. 18:58 IST