Bharti Airtel reclaims No. 2 spot among India’s most valuable companies, overtakes Jio Platforms

Bharti Airtel has reclaimed its position as India’s second-largest listed company by market capitalisation, overtaking Jio Platforms, which had secured the second spot following its stock market debut on October 28 after a Rs 30,213-crore IPO. Mukesh Ambani-led Reliance Industries continues to retain the top position, with a market capitalization of Rs 17,86,295 crore.

Shares of Bharti Airtel rose nearly 2.5% to settle at Rs 2,107 apiece on November 6, taking the company’s market capitalisation to Rs 13,14,998 crore on the NSE. In comparison, Jio Platforms had a market capitalization of Rs 12,95,158 crore.