Shares of ITC have been on an uptrend since the last week of February 2022. The stock has continued to rise over the past four-and-a-half months, helping the Indian conglomerate re-enter the top 10 Indian stocks by market cap. ITC Ltd was included in the list of India’s most valuable companies at the end of Wednesday, according to the BSE website. Ranked 10th with a market cap of Rs 3,63,006.90 crore.

ITC Ltd has removed Bharti Airtel and Bajaj Finance from the Big Boys Club list to re-enter the list of top 10 Indian stocks by market cap. Bajaj Finance shares are now at number 11, while Bharti Airtel is number 12 on the list. ITC now follows HDFC Ltd, which closed on Wednesday with a market cap of Rs 3,93,267.40 crore. SBI and LIC came in 8th and 7th respectively. SBI closed on Wednesday with a market cap of Rs 4,34,316.23 crore, while LIC has valued at Rs 4,54,767.33 crore in the previous session.

Over the past four and a half months, ITC shares have been rising after hitting a 52-week low of Rs 201.70 on the NSE in February 2022. Continuing gains from that level, ITC shares traded near a 52-week high of Rs 296.95 today, up about 48% over the past four and a half months.

Reliance Industries Ltd (RIL) continued to top the list, followed by TCS and HDFC Bank. Reliance ended Wednesday with a market cap of Rs 16,082.7563 crore, while TCS and HDFC Bank were valued at Rs 11,118.2105 crore and Rs 7,54,215.43 crore, respectively.