📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    ________has  surpassed Hindustan Unilever (HUL) to

    become the most-valuable fast-moving consumer goods (FMCG) stock after a gap of more than four years  & has joined the elite group of companies having market valuations in excess of Rs 6 trillion. 
    A Bajaj Consumer Care Ltd. Correct Answer Incorrect Answer
    B Dabur India. Correct Answer Incorrect Answer
    C ITC Ltd. Correct Answer Incorrect Answer
    D Godrej Consumer Products Ltd. Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ITC, the cigarettes-to-hotels conglomerate, surpassed Hindustan Unilever (HUL) to become the most-valuable fast-moving consumer goods (FMCG) stock after a gap of more than four years.     ITC has joined the elite group of companies having market valuations in excess of Rs 6 trillion. After surpassing HUL in market capitalization (market cap) ranking, ITC entered into the top five most valuable companies list with a market cap of Rs 6.14 trillion. With Rs 6.09 trillion market cap HUL slipped to sixth position in the overall ranking.

    Practice Next
    More Beepedia Questions
    ask-question