Maruti Suzuki share price today: Maruti Suzuki India‘s shares surged 4% on Wednesday, hitting a fresh 52-week high of Rs 12,722.70 on the National Stock Exchange (NSE). The company now boasts a market capitalisation of Rs 4 lakh crore, joining an elite group of 13 other stocks with similar valuations above this mark.These include Reliance…
MUMBAI: On a day when the sensex recorded the second biggest loss in market capitalisation, Adani stocks witnessed the group’s biggest single-session wealth erosion of Rs 1.1 lakh crore last seen on Feb 2, 2023, a week after the US-based short-seller Hindenburg published its report on the conglomerate. At the close of Wednesday’s trading, the…
Driving the News:Indian stock markets continued their upward trajectory for the fifth consecutive session, pushing the Nifty and Sensex to record highs. The rally was buoyed by robust investor sentiment, with the market capitalisation of BSE-listed companies hitting an unprecedented Rs 3.91 lakh crore.Why the rise: The BSE Sensex surged 281.52 points (0.39%) to close…
NEW DELHI: Riding on success of electric vehicles and SUVs in India as well as good performance by its British subsidiary Jaguar Land Rover, Tata Motors on Tuesday drove ahead of Maruti Suzuki in market capitalisation to become India’s most valuable automobile company.On Tuesday, shares of Tata Motors rose 2.2% to settle at Rs 859…
NEW DELHI: The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 1.16 lakh crore last week, with HDFC Bank emerging as the biggest laggard. In the holiday-shortened week, the BSE benchmark fell by 982.56 points or 1.37%. Of the top-10 most-valued firms, Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank,…
MUMBAI: A year after US short-seller Hindenburg Research came out with a damaging report against the Adani Group, which led to major wealth erosion, the conglomerate has seen its combined market capitalisation more than double from a low of Rs 6.8 lakh crore recorded on Feb 27, 2023. However, at Rs 14.5 lakh crore, the…
MUMBAI: The recent rally in the stock price of life insurance major LIC on Wednesday helped it replace banking major SBI as the most valued government-run company in the country. At the close of the day’s trade, LIC had a market capitalisation of Rs 5.61 lakh crore compared to SBI’s Rs 5.59 lakh crore, BSE…
