ITC Overtakes Infosys To Become India's Sixth Largest Company As Shares Continue To Reach New Highs
More than 58% in the last one year, and more than 23% this year till date. That¡¯s how much ITC stock has jumped in recent times. With this recent surge in India¡¯s favorite meme stock, ITC has also overtaken IT giant Infosys to become India¡¯s sixth largest company, as per market capitalization. ITC¡¯s market cap currently stands at Rs 5.11 trillion (at the time of writing this report), more than seventh placed Infosys¡¯ Rs 5.07 trillion.
More than 58% in the last one year, and more than 23% this year till date. That¡¯s how much ITC stock has jumped in recent times.
Even in this month of April itself, ITC stock has hit new all time highs not once or twice, but multiple times. And it did so yesterday again, reaching a new all time high of ?413.55 on NSE and 413.45 on BSE.
ITC Overtakes Infosys As India's 6th Llargest Company
With this recent surge in India¡¯s favorite meme stock, ITC has also overtaken IT giant Infosys to become India¡¯s sixth largest company, as per market capitalization. ITC¡¯s market cap currently stands at ?5.11 trillion (at the time of writing this report), more than seventh placed Infosys¡¯ nearly ?5.08 trillion.
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List Of India's 10 Biggest Companies
Here's the list of India's 10 biggest companies, as per market cap (on BSE):
Company Name | Market Cap (in crore) | ||||||||||||||||||||
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Memes Take Over Twitter
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How could Twitterati remain silent when India's favorite meme stock is soaring to reach new all time highs? As expected, Twitter users left no stone unturned to share memes amid ITC stock's rally.
ITC Investors who were trolled for years at 200 stock price#StockMarketindia #ITC #Reliance pic.twitter.com/XPnVbr84sa
¡ª MemeOverlord (@MemeOverlord_kk) April 25, 2023
Hey Siri, define regret.
¡ª Anupam Gupta (@b50) April 25, 2023
Siri: not buying ITC stock ?
Simple ITC. The most hated and loved stock
¡ª Nauman Akhtar Shah (@naumanshah03) April 25, 2023
ITC stock holders today: #StockMarketIndia #ITC pic.twitter.com/JF7gAEQUTc
¡ª Option Buyer.Narang (@ashi_narang) April 25, 2023
Everyone who made fun of itc stock is now regretting not buying it
¡ª Shanu S John ?? (@Avrg_Geek) April 25, 2023
Also Read: 'India Best Place To Work During Recession': Infosys Co-founder
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