Banking & FinanceFinanceFinanceInFocusNews

HDFC Bank Surpassed Rs 7 Trillion Market Cap Size

Sharing is caring!

India’s largest private sector bank HDFC Bank 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.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: