Market capitalization of ITC overtakes that of Reliance Industries to become the second-most valued company. The current market capitalization of ITC is Rs3.37 trillion. As of the December quarter, SUUTI holds 11.12% stake in ITC, according to BSE shareholding data. Other listed stocks in which SUUTI holds a stake are Larsen and Toubro Ltd and Axis Bank Ltd, which were trading marginally lower at 0.6% and 0.5%, respectively. SUUTI holds 6.69% stake in L&T, while 12.02% stake in Axis Bank.

Source: Mint February 07, 2017 05:37 UTC