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March 21, Wednesday 2018 2:03 PM       

       HEADLINES: C K Vineeth and Ian Hume unhappy about changing venue of India Vs WI ODI                                              Something fishy about KCA's decision to shift one-day match to Kochi: Tharoor                                              It is not birds but vultures who are striking at Keezhattur: G Sudhakaran                                              Missing foreign woman: Relatives announces reward                                              T R Chandradath passes away                                              Hyderabad Uty among 62 universities, colleges to get autonomy boost                                              US school shooting: Gunman dies after being shot in Maryland                                              Cricket betting racket busted, 4 held                                              ICC WC Qualifiers: Samuels guides Windies to thumping win over Zimbabwe                                              BCCI confirms Shami stayed in Dubai hotel for 2 days                                              Kaumudi Facebook
       AUTOMOBILE Next Article: GM to stop selling cars in India by 2017 end  
       Maruti overtakes Infosys, ONGC in market capitalisation
         Posted on :17:44:11 Jun 10, 2017
       Last edited on:17:44:11 Jun 10, 2017
         Tags: Maruti, Infosys, ONGC
NEW DELHI: Maruti Suzuki zipped past Infosys and ONGC in market capitalisation (m-cap) as its stock rose by 3 per cent today, adding Rs 6,563 crore to the value. The stock gained 3 per cent to end at Rs 7,451 on BSE. During the day, it went up by 3.25 per cent to Rs 7,469 -- its 52-week high. It was the top gainer on the BSE benchmark Sensex.
On NSE, the stock moved up by 2.97 per cent to close at Rs 7,464.85. Following the gains, the company's m-cap rose by Rs 6,562.85 crore to Rs 2,25,079.85 crore. With this the company stood at the eighth position in the top-10 m-cap ranking chart, ahead of Infosys and ONGC.
Infosys' market valuation stood at Rs 2,17,899.66 crore, while that of ONGC was Rs 2,17,074.17 crore at end of trade.
Also, the m-cap of Maruti alone is more than the combined valuation of auto majors Tata Motors (Rs 1,34,896.92 crore) and Mahindra & Mahindra (Rs 88,598.83 crore).
Next Article: GM to stop selling cars in India by 2017 end
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Can there be conspiracy behind the move to shift India-West Indies one-day cricket match from Thiruvananthapuram to Kochi?
No opinion
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