Cigarettes-to-hotels conglomerate ITC Ltd became the 11th listed Indian company to cross Rs 5 trillion market capitalisation after its shares touched a record high with a 21 percent surge so far this year.

The stock hit a record high of Rs 402.60 on BSE and gained as much as 1.1 percent intraday. At 9.30am, the stock traded at Rs 402.30, up 1.2 percent from its previous close, while its market cap stood at Rs5.01 trillion.

Earlier, Reliance Industries Ltd, Tata Consultancy Services Ltd, HDFC Ltd, Infosys Ltd, ICICI Bank Ltd, Hindustan Unilever Ltd, Life Insurance Corp Of India, State Bank of India, HDFC Ltd and Bharti Airtel Ltd have achieved this milestone.