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ITC overtakes HUL in mcap; reclaims most valued FMCG firm status

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Press Trust of India New Delhi
Last Updated : May 21 2018 | 8:20 PM IST

ITC today went past Hindustan Unilever Ltd (HUL) in market valuation to reclaim the status of the most valued FMCG firm.

At close of the trade today, ITC's market valuation stood at Rs 3,44,283.16 crore - which is Rs 2,525.71 crore more than HUL's Rs 3,41,757.45 crore valuation on the BSE.

With this, ITC also reclaimed its position as the fourth most valued Indian firm.

Shares of ITC ended flat at Rs 282.10, down 0.02 per cent and those of HUL fell by 1.57 per cent to Rs 1,578.90 on BSE.

HUL on Friday went past ITC in market valuation to become the most valued FMCG firm.

On Thursday also HUL had briefly surpassed ITC in market valuation ranking to become the fourth most valued firm.

Tata Consultancy Services is the country's most valued firm with a market capitalisation of Rs 6,81,093.95 crore, followed by Reliance Industries Ltd (Rs 5,90,434.40 crore), HDFC Bank (Rs 5,17,291.58 crore), ITC and HUL in the top five list.

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First Published: May 21 2018 | 8:20 PM IST

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