ITC Share At Life Time High: In Friday’s trading, ITC’s share has reached a lifetime high of Rs 407.70.
ITC Share Price: The country’s leading FMCG company ITC has become the seventh largest company in the country by crossing the market cap of Rs 5 lakh crore for the first time and can snatch the crown of being the sixth largest company from Infosys anytime.
ITC shares have reached their lifetime high of Rs 406.90 on Friday. Due to the spectacular jump in the stock, ITC has left behind the housing finance company HDFC and has become the seventh largest company in the country in terms of market cap.
ITC’s market cap crosses Rs 5 lakh crore
ITC’s stock closed at Rs 400.30 at the close of the market on Thursday and the company’s market cap was Rs 497473 crore. But on April 21, the last trading session of the week, ITC’s share is trading at Rs 407 with a gain of 1.61 per cent and with this the market cap of ITC has crossed Rs 5 lakh crore and reached Rs 506566 crore. The market cap of HDFC is Rs 503530 crore.
Taj can be snatched from Infosys!
The market cap of Infosys is currently Rs 507680 crore. And ITC is just a few steps away from snatching the crown of the sixth largest company from Infosys. Let us tell you that Reliance Industries is the largest company in the country with a market cap of Rs 15.85 lakh crore. TCS ranked second with Rs 11.46 lakh crore, HDFC Bank third with Rs 9.30 lakh crore, ICICI Bank fourth with Rs 6.20 lakh crore and HUL fifth largest in the country with a market cap of Rs 5.86 lakh crore. Company is.
ITC gave 100% return in one year
In 2023, when huge ups and downs have been seen in the stock market. There has been a huge decline in the shares of the banking IT sector, so ITC’s stock has given a return of close to 22 per cent during this period. ITC stock has given 56% return in last one year, 100% in 2 years and 126% in 3 years.
