Hindustan Unilever becomes eighth company to cross Rs3 trillion market cap - News Summed Up

Hindustan Unilever becomes eighth company to cross Rs3 trillion market cap


Hindustan Unilever will announce its December quarter earnings on 17 January. Photo: Pradeep Gaur/MintMumbai: India’s largest packaged consumer products firm by sales, Hindustan Unilever Ltd on Tuesday became the country’s eighth company to cross Rs3 trillion market capitalisation after its shares surged over 70% in the last one year. In intraday, the stock touched a fresh record high of Rs1,388.45 on the BSE, up 1.56% from its previous close with a market cap of Rs3.01 trillion. However, the stock pared some its gains and closed at Rs1,381.30 on BSE, up 1.04% from its previous close. Currently, RIL is India’s most valued company with a market capitalisation of Rs5.85 trillion, followed by TCS and HDFC Bank at Rs5.46 trillion and Rs4.93 trillion, respectively.


Source: Mint January 16, 2018 05:16 UTC



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