Investing in LIC is taking a toll on people, earlier they were worried about the fall of the stock. But even now those worries have not gone away that LIC has reached 10th position in a special list. Due to which the lines of concern can be clearly seen on the forehead of the investors. The investors (LIC Investors) are getting a setback on the setback. The market cap of the company has become less than that of Bajaj Finance and HDFC Ltd.
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LIC is giving a setback to the investors
LIC is giving a setback to the investors. The market cap of the company has become less than that of Bajaj Finance and HDFC Ltd. According to the information available on the BSE website, the market cap of LIC declined to Rs 4,29,151.09 crore on Wednesday. LIC has now reached the tenth position in the list of most valuable companies. Which is less than Bajaj Finance and HDFC.
On Wednesday, Bajaj Finance was ranked 8th with a market cap of Rs 4,41,536.51 crore. At the same time, HDFC Ltd held the tenth position with a market cap of Rs 4,29,520.43 crore. LIC is followed by Adani Transmission Limited, the company occupies the 11th position with Rs 3,90,935.57 crore.
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Reliance Industries continues to top the list
Reliance Industries continues to top the list of Most Valuable Company. The company’s market cap was Rs 17,62,864.01 crore as of Wednesday. Tata Consultancy Services (TCS) is second only to Reliance. The market cap of TCS is Rs 12,21,976.80 crore. After these two companies, HDFC Bank is at third place. At the same time, ICICI Bank is in sixth and State Bank of India is in seventh place.
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Adani Transmission shares hit 52-week high
Shares of Adani Transmission reached its 52-week high on Wednesday. After which the company occupied the 11th position in the list of market cap instead of Bharti Airtel. Adani Transmission has jumped two places in this list due to the rise in stocks.
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