The News Scroll 15 November 2019  Last Updated at 11:46 am | Source: IANS

HDFC Bank follows RIL, TCS to cross Rs 7 trillion m-cap

HDFC Bank follows RIL, TCS to cross Rs 7 trillion m-cap
outlookindia.com
1970-01-01T05:30:00+0530
HDFC Bank follows RIL, TCS to cross Rs 7 trillion m-cap

Mumbai, Nov 15 (IANS) India''s largest private sector bank HDFC Bank on Friday surpassed Rs 7 trillion in market capitalisation for the first time.

HDFC Bank is only the third Indian company after TCS and Reliance Industries to reach this milestone.

The private lender on Friday touched Rs 7,00,252.30 crore market capitalisation, a metric used to evaluate the size of a company.

Currently Reliance Industries with a market cap of Rs 9,39,463.36 crore, is the country''s largest company followed by Tata Consultancy Services at Rs 8,25,168.16 crore.

At 11.25 a.m., HDFC Bank was trading at Rs 1,278.90 a share, up by 0.41 per cent.

--IANS

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Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: IANS
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