Telecom service provider Bharti Airtel surpassed HDFC Bank to become India's second-most valued company by market capitalisation on Monday. As of 11:15 am, Bharti Airtel's market capitalisation stood at ₹11.78 lakh crore, ahead of HDFC Bank's ₹11.74 lakh crore. Reliance Industries remained India's most valued company in terms of market capitalisation at ₹18.08 lakh crore.