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Business News/ News / India/  SBI re-enters list of India's top-10 most valued firms
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SBI re-enters list of India's top-10 most valued firms

The bank had on October 1 lost its spot to Bajaj Finance in the coveted club of top-10 most valued domestic companies
  • Others in the top-10 list are HDFC Bank, Hindustan Unilever Ltd, HDFC, Infosys, Kotak Mahindra Bank, ITC, ICICI Bank
  • Shares of SBI closed flat at ₹255.45, up 0.37 per cent. (Reuters)Premium
    Shares of SBI closed flat at 255.45, up 0.37 per cent. (Reuters)

    New Delhi: State Bank of India on Monday re-entered the elite club of top-10 most valued domestic firms by market valuation after a gap of two weeks.

    The bank had on October 1 lost its spot to Bajaj Finance in the coveted club of top-10 most valued domestic companies.

    Bajaj Finance had replaced SBI as the 10th most valued firm then.

    At close of trade on Monday, SBI's market capitalisation (m-cap) was at 2,27,979.20 crore, which is 2,899.12 crore more than that of Bajaj Finance 2,25,080.08 crore valuation on the BSE.

    Shares of SBI closed flat at 255.45, up 0.37 per cent, while those of Bajaj Finance fell 2.37 per cent to 3,881.65.

    Reliance Industries Ltd is the country's most valued firm with a valuation of 8,60,631.07 crore followed by TCS with a m-cap of 7,58,338.19 crore.

    Others in the top-10 list are HDFC Bank, Hindustan Unilever Ltd, HDFC, Infosys, Kotak Mahindra Bank, ITC, ICICI Bank and SBI.

    Bajaj Finance is now on the 11th spot in the ranking of top 100 companies by m-cap.

    The m-cap data of companies changes daily with share price movement.


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    Published: 15 Oct 2019, 08:40 AM IST
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