With Rs 4.4-trn m-cap, Adani Transmission is India's 8th most valued firm

Adani Transmission surpassed HDFC, LIC, Bajaj Finance and Bharti Airtel in market cap ranking on Tuesday

Adani Transmission has entered the elite club of top 10 most valuable companies in India. The Gautam Adani-led power transmission firm has become the eighth most valued firms in terms of market capitalisation (market cap). At 10:25 am, Adani Transmission's market cap stood at Rs 4.4 trillion, BSE data shows.

With this, Adani Transmission has surpassed the valuation of housing finance company - Housing Development Finance Corporation (HDFC), which has a market cap of Rs 4.31 trillion. The company has also surpassed insurance giant, Life Insurance Corporation of India (LIC; Rs 4.27 trillion), non-banking finance company Bajaj Finance (Rs