Bharti Airtel Ltd on Tuesday joined the club of top five most valued companies, replacing Infosys Ltd and HDFC Ltd, after its shares surged 10%.
After hitting an intra-day high of ₹591.95, at 10:12 am, the scrip was trading 9% higher at ₹586.25 apiece on the BSE, lead by which company’s market capitalization touched ₹3.19 trillion.
HDFC Ltd was trading 2.4% higher with a market cap of ₹2.70 trillion while Infosys Ltd gained 1% to touch ₹2.85 trillion market cap.
Reliance Industries Ltd remained India's top most valued company with market value of ₹9.3 trillion followed by Tata Consultancy Services Ltd at ₹7.30 trillion, Hindustan Unilever Ltd at ₹4.71 trillion and HDFC Bank Ltd at ₹4.6 trillion.