7. ICICI Bank joins top 5
ICICI Bank joins top 5 companies of India with market cap of more than Rs 8 trillion.
- ICICI Bank has crossed the Rs 8 trillion mark and registered its name among the top five companies of India in terms of market capitalisation. Shares of the private lender rose more than 5%.
- ICICI Bank has become the second bank in India to cross the market capitalization of Rs 8 trillion, following the footsteps of HDFC Bank.
- The exclusive club of India’s top five companies by market capitalization is topped by Reliance Industries with Rs 19.8 trillion, followed by Tata Consultancy Services (TCS) with Rs 14 trillion.
- Among banks, HDFC Bank holds the top position with a market capitalization of Rs 11.6 trillion, while State Bank of India stands at Rs 7.4 trillion.
- Share price of ICICI Bank touched an all-time high of Rs 1,163 before closing with a significant gain of
