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LIC overtakes SBI as most valued public sector undertaking in India

 

LIC secured top position among PSUs with market capitalization reaching 5.7 trillion INR as per yesterday closing price of Rs. 901.20 surpassing that of SBI's market capitalization of 5.6 trillion INR at closing price of 628.30 on NSE.

ONGC with market cap of 2.93 trillion holds 3rd position closely followed by NTPC at 2.9 trillion at 4th position as per yesterday's closing price.

Coal India with a distant 2.3 trillion INR market cap holds 5th position.

Among all listed companies in India, LIC is the 9th most valued company as per market capitalization with 1st position being secured by Reliance Industries Ltd. with market cap of 18.51 trillion INR.