Read more about Coal India hits 52-week high, regains Rs 1 trillion market capitalisation on Business Standard. The stock of the state-owned company surpassed its previous high of Rs 162.95, touched on February 26, 2021.
Nifty moved in a range of 100 points throughout the session and formed an Inside Bar on the daily chart, suggesting the ongoing consolidation in the market.
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Shares of Titan Company hit a record high of Rs 1,679.60 after they rallied 6 per cent on the BSE in intra-day trade on Wednesday amid the expectation of a strong recovery, due to pent up demand and market share gains. The stock of Tata Group Company surpassed its previous high of Rs 1,620.95, touched on January 6, 2021. With today’s rally, it has recovered 20 per cent from its recent low of Rs 1,401, hit on May 4 in intra-day trade. With a sharp surge in the market price of Titan Company, its market capitalisation stands close to the Rs 1.5 trillion mark. At 11:42 am, the stock was up 5.5 per cent at Rs 1,672, with a market capitalisation of Rs 1.48 trillion, the BSE data shows.