ITC re-enters list of top-10 most valued firms after stock rises 6%

With market capitalization of Rs 1.95-trillion, ITC stood at number 10th position in overall rankings, BSE data shows

Cigarette major and fast moving consumer goods (FMCG) company ITC has re-entered the list of top 10 most valuable companies after the stock rose nearly 6 per cent to Rs 160 on the BSE on Thursday.

At 02:22 pm, ITC had a market capitalisation (market-cap) of Rs 1.95-trillion, and thus stood at 10th position in overall rankings,  BSE data shows. The company surpassed the government-owned bank, State Bank of India (SBI), which had the market-cap of Rs 1.89 trillion, data shows.

ITC's stock was trading higher for the third straight day, surging almost 9 per cent from the