IT major Wipro on Wednesday moved out of the list of top-20 most valued companies by market capitalisation giving way to Avenue Supermarts, which runs the D-Mart supermarkets chain.
At close of trade, the market capitalisation (m-cap) of Avenue Supermarts was at Rs 1,41,205.36 crore, which is Rs 2,777.03 crore more than that of Wipro's Rs 1,38,428.33 crore valuation on the BSE.
Avenue Supermarts is now placed at the 20th rank in the list of top 100 companies by market cap, while Wipro has taken the 21st position.
Shares of Avenue Supermarts jumped 4.35 per cent, while those of Wipro gained 0.85 per cent on the BSE.
Avenue Supermarts had got listed on the bourses on March 21, 2017. Since its listing, shares of the company have zoomed 251 per cent.
Reliance Industries Limited is the country's most valued firm with a m-cap of Rs 9,17,953.13 crore followed by TCS Rs 8,04,980.33 crore.
The m-cap figures of companies change daily with stock price movement.
First Published: Feb 5, 2020 9:51 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Punjab Lok Sabha elections: Check full list of AAP candidates and constituencies
May 18, 2024 12:59 PM
PM Modi, Rahul Gandhi election rallies in Delhi today: Here are the routes to avoid
May 18, 2024 11:28 AM