lic market cap 7th spot: LIC 7th place .. ICICI Bank lags behind the top 10 most valuable companies! – lic market cap dips below icici bank to 7th spot among top-10 valuable companies

ICICI Bank has become the 6th most valuable company in India in terms of market capitalization, surpassing Life Insurance Corporation of India (LIC). LIC Market Cap is now ranked 7th in the list of Top 10 Most Valuable Indian Companies. HDFC Limited is ranked 8th and State Bank of India (SBI) is ranked 9th. Bharti Airtel is in 10th place.

LIC closed with a market cap of Rs 5,13,273.56 crore and ICICI Bank with a market cap of Rs 5,22,519.50 crore, according to BSE data. HDFC has a market cap of Rs 4,18,509.55 crore, while SBI has a market cap of Rs 4,17,493.33 crore and Bharti Airtel has a market cap of Rs 3,85,046.03 crore.

Reliance Industries Limited RIL continues to top the list with a market capitalization of Rs 17,81,838.68 crore. This is followed by Tata Consultancy Services (TCS) with a market capitalization of Rs 12,31,197.61 crore.

HDFC Bank continues to be the most valuable bank in India with a market capitalization of Rs 7,70,210.88 crore. It is the 3rd most valuable company in India in terms of market value. Rs. Kotak Mahindra Bank was not included in the list as it slipped to 11th position with a market capitalization of Rs 3,68,085.97 crore.

LIC’s share price has been steadily declining since its listing on the BSE and NSE. The insurance company fell further after being listed at a discount, hitting its 52-week low of Rs 801 on the NSE. It fell by Rs 148 per share to its issue price of Rs 949 per share on top of an equity share. Today, LIC’s share price is around Rs 815, down 14 per cent from its high of Rs 949.