ITC becomes India's 7th most valued domestic firm

The FMCG major ITC has now become the seventh most valued firm in terms of market valuation. On Friday, the stock advanced 1.99 per cent to settle at Rs 408.25 apiece on the BSE.  It climbed by 2.17 per cent during the day to reach a 52-week high of Rs 409.

On the NSE, the company's shares increased 1.92 per cent to finish at Rs 408 per share. It commanded a market valuation of Rs 5,07,373.82 crore.

ITC emerged as the biggest gainer on both the Sensex firms. The 30-share BSE Sensex closed at 59,655.06 with a gain of 22.71 points, or 0.04 per cent.

Also Read: Reliance Industries, TCS, HDFC Bank, ICICI Bank - 8 of top-10 most valued Indian firms lose Rs 1.17 lakh crore in market valuation

Reliance Industries is the country's most valued firm with a market capitalisation of Rs 15,89,169.49 crore, followed by Tata Consultancy Services (Rs 11,56,863.98 crore), HDFC Bank (9,33,937.35 crore), ICICI Bank (Rs 6,17,477.46 crore), Hindustan Unilever (Rs 5,86,927.90 crore), Infosys (Rs 5,09,215 crore) and ITC (Rs 5,07,373.82 crore).

So far this year, shares of the FMCG major have jumped 23 per cent.

(With PTI inputs)