Maruti Suzuki overtakes Hindustan Unilever in market cap race

Maruti has overtaken top firms like Infosys, ONGC, Coal India, HDFC, SBI in market cap during this financial year

It has been a high-speed ride this year for Maruti Suzuki, the country’s largest car maker.  With an 80 per cent surge in its stock price, the Suzuki-promoted company has surpassed six Sensex companies in market valuation since January to become the fifth-most valued listed firm.  On Tuesday, it overtook top FMCG company Hindustan Unilever in market cap, just 11 days after it surpassed the country's largest bank, SBI.
 
Maruti Suzuki, which enjoys a market share of over 50 per cent in the world's fifth-largest car market, saw its stock price hit a new high of Rs 9,855 on