ITC Ltd, the cigarette-to-hotels conglomerate, has now become the seventh-largest Indian company in terms of market capitalisation, overtaking housing finance major HDFC. ITC's market cap touched Rs 5.05 trillion as the stock hit a 52-week intraday high of Rs 407.60. The recent growth is due to various factors such as ITC benefitting from stable commodity prices, a favourable tax regime, and rising consumer demand. Brokerages Motilal Oswal and HDFC Securities Institutional Research Desk have maintained a 'buy' and 'add' rating respectively., Markets News, Times Now