Sunday, March 02, 2025 | 11:27 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

HDFC Bank m-cap crosses Rs 5 lakh cr mark

Image

Press Trust of India New Delhi
HDFC Bank today breached a market valuation of Rs 5 lakh crore, becoming the third company to achieve this milestone after RIL and TCS.

The bank's market capitalisation (m-cap) stood at Rs 5,02,859.55 crore in afternoon trade, making it the first bank to cross Rs 5 lakh crore m-cap mark.

The stock hit one-year high of Rs 1,953.75, up 3.31 per cent. Shares of the company were trading 2.82 per cent higher at Rs 1,944.50 apiece on BSE at 1340 hrs.

In terms of equity volume, 1.44 lakh shares of the company were traded on BSE and over 27 lakh shares changed hands on NSE during the day.
 

Shares of the bank have gained nearly 5 per cent so far this year.

Reliance Industries (RIL) is the country's most valued firm with a market valuation of Rs 5,85,539.19 crore, followed by TCS (Rs 5,54,281.97 crore), HDFC Bank, ITC (Rs 3,34,323.28 crore) and HDFC (Rs 3,04,109.53 crore).

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 18 2018 | 2:05 PM IST

Explore News