Bharti Airtel reclaims 2nd spot in mcap rankings, overtakes Jio Platforms ...Middle East

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Bharti Airtel reclaims 2nd spot in mcap rankings, overtakes Jio Platforms
Bharti Airtel on Friday reclaimed the title of the country's second most valuable company by market valuation, overtaking Jio Platforms. At market close, Bharti Airtel shares ended 1.66 per cent higher at Rs 2,096.25 on the BSE. During the day, the stock climbed 2.81 per cent to Rs 2,120. However, the stock of Jio Platforms dipped 0.90 per cent to end at Rs 1,405.75. Intraday, it declined 2 per cent to Rs 1,390. The market valuation of Bharti Airtel stood at Rs 13 lakh crore, while that of Jio Platforms was Rs 12.94 lakh crore. Jio Platforms Ltd, the Reliance Industries-backed digital services company, on October 28 became the second most valuable Indian company by market valuation following an impressive debut on the Dalal Street. Reliance Industries continues to remain the most valued domestic firm, with a market valuation of Rs 17,83,723.93 crore. The top five order in the market capitalisation (mcap) ranking are -- Reliance Industries with a valuation of Rs 17,83,723.93 crore

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