HDFC Bank earned a walkover over Reliance Industries in terms of market cap and became the second most valuable company in India. Tata Consultancy Services with a market capitalization of Rs 4.14 trillion, continues to be the No 1 most valuable company in the country. HDFC Bank’s market value touched Rs3,25,210.41 crore while its shares closed at Rs1,275.70 on 12 November. Year to date, the shares have risen 17.82%. The bank had reported a steady 20% net profit growth of Rs3,455.33.
