Hindustan Unilever market cap crosses â¹4 lakh crore for first time
Hindustan Unilever (HUL) on Wednesday became only the fifth Indian company to reach a market capitalisation of â¹4 lakh crore. The other four companies to achieve the milestone are Tata Consultancy Services, Reliance Industries, HDFC Bank and ITC. This comes two days after HUL announced acquisition of Horlicks maker GSK Consumer Healthcare in an all-stock transaction valued at â¹31,700 crore.