Latest News
-
Gold Prices India; Biggest Jump In 24-Carat In 55 Days; Know Tax Rates On Profits On Phsyical Gold -
Mandatory Testing for Indian Spices Destined for Singapore, Hong Kong After Ban -
TRAI Advocates for Enhanced Telecom Infrastructure Sharing Among Licensees -
LTIMindtree Reports Slight Q4 Profit Dip, Optimistic About Upcoming Growth -
Axis Bank Announces Q4 Net Profit at Rs 7,599 Crore Amid Deposit Accretion Worries -
hBits Expands to Pune with CyberCity Magarpatta Acquisition, Eyes Investment Opportunities -
India's First Green Hydrogen Pilot Project Goes Live at Nathpa Jhakri -
DCB Bank Q4 Results: PAT Grew 9% To Rs 156 Cr, NII Jumps 4.5%; Dividend Declared -
RBI Halts New Customer Onboarding at Kotak Mahindra Bank Over IT Compliance -
Macrotech Developers' Annual Profit Triples Despite Q4 Dip
Bharti Airtel Pips HDFC To Become Fifth Most Valued Firm
Telecom operator Bharti Airtel has pipped the housing finance firm HDFC to beomce the fifth most valued firm in the country. At the closing session on April 15, 2020, m-cap of Bharti Airtel was Rs. 1987.86 crore more than HDFC at Rs 2,78,206.15 crore in comparison to HDFC's m-cap of Rs 2,76,218.29 crore on the BSE.
In the past two trading sessions, the stock of the telecom major gained but ended the trading day marginally weaker down 0.29% at Rs. 510.25. ICICI Securities also has given a 'buy' call on the counter with a target price of Rs. 610 per share.
In the previous session with weakness seen in the financial stock, the counter of HDFC ended lower by 3.61% or Rs. 59.70 at Rs. 1594.75.
Currently, RIL remains the highest valued firm followed by TCS, HUL, HDFC Bank and Airtel.
GoodReturns.in
