Wednesday, 2 March 2016

ITC becomes third most valued Company; surpasses Infosys, HDFC Bank


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Shares of ITC ended 10% higher to Rs 325.10 with market valuation stood at Rs 2,61,403.46 crore.

ITC has surpassed Infosys and HDFC Bank to emerge as the third most valuable company in terms of market valuation, according to reports.

Report says that the market capitalisation of Infosys stands at Rs 2,58,291.43 crore and HDFC Bank’s at Rs 2,48,946.98 crore.
 
TCS retained market- cap position with a market cap of Rs. 4,48,272.36 crore.
 

ITC Stock Price

 
On March 01, 2016, ITC closed at Rs 325.10, up Rs 0.00, or 0.00 percent. The 52-week high of the share was Rs 359.75 and the 52-week low was Rs 268.00. 
 
The company's trailing 12-month (TTM) EPS was at Rs 12.08 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 26.91. The latest book value of the company is Rs 38.16 per share. At current value, the price-to-book value of the company is 8.52.

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