The edible oil maker's market capitalisation is up nearly 300 times since the beginning of November last year and 70 times since its acquisition by Pantanjali Ayurved under the IBC
Stocks in the BSE 500 universe account for nearly 93 per cent of India's market capitalisation.
At 09:17 am, the lender's m-cap hit Rs 330 billion-mark, and was ahead of IndusInd Bank's m-cap of Rs 312 billion, the BSE data shows.
RIL, HUL, HDFC, ITC, Kotak Mahindra Bank and ICICI Bank were the other winners in the top-10 list
Reliance Industries Ltd witnessed a rise of Rs 31,506.3 crore to Rs 9,30,006.19 crore in its valuation
The Mukesh Ambani-controlled conglomerate, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and m-cap.
The free-float market cap of many other stocks, which are currently not part of the index, has surged past them
HUL's current market value of Rs 5.14 trillion is also more than the combined Rs 4.20 trillion market capitalisation of India's top 10 listed automobile companies
With combined market capitalisation of Rs 13.8 trillion, 74 Indian subsidiaries of global multinationals are now ahead of state-owned listed companies
Consumer goods major is down 4.2% since Feb 20, against 33% fall of HDFC Bank
The total market capitalisation of the group's listed firms fell to Rs 10,740 crore from Rs 42,000 crore reported a year ago
According to experts, the Nifty has continued to form lower top-lower bottom formations, a trend seen in the last five weeks, and witnessed sharp selling towards 9,700 zones
Last week, Reliance shares came under massive selling pressure amid a plunge in international oil prices
Nifty falls below 9,000 after dropping 10% in two days
Stock market crash: TCS sheds $21 billion in market capitalisation, Infosys $7 billion and Wipro around $3 billion
BL Bank, for example, is down 47.2 per cent during the period. Its m-cap is down from ~15,700 crore on February 20 to ~8,283 crore at the close of trading on March 16
This comes on the back of dwindling equity markets and a drop in the rupee's value
Total investor wealth measured by market capitalisation fell by Rs 10.9 trillion to Rs 126 trillion today.
HDFC Bank's valuation dropped Rs 23,435 crore to Rs 6,22,109.94 crore
Since income generation from economic activities and jobs is crucial to the recovery of bad loans, focusing simply on the effectiveness of the recovery tools will hardly make a difference.