SBI surpasses ONGC to become most valued PSU stock

State Bank of India (SBI) surpassed oil exploration major Oil & Natural Gas Corporation (ONGC) to become most valued public sector undertaking (PSU) stock in terms of market capitalization (m-cap) in intra-day trade.

SBI with m-cap of Rs 239,808 crore was ahead of ONGC having m-cap of Rs 236,003 crore, BSE data showed.
Takeaways from above News-
  • SBI surpass ONGC to become most valued PSU 
  • SBI headquarter is in Mumbai and it was founded in 1955
  • ONGC headquarter is in Uttarakhand and it was formed in 1956
  • SBI slogan is The Banker to Every Indian
  • SBI chairman is Arundhati Bhattacharya 
  • ONGC chairman is Dinesh K Sarraf

If you have any other takeaways, do share with us in the comment section
Source- The Hindu

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