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Business News/ Markets / Stock Markets/  TCS surpasses RIL to reclaim most valued firm by market capitalisation
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TCS surpasses RIL to reclaim most valued firm by market capitalisation

At the end of trade today, the market valuation of TCS was at ₹8,20,702.82 crore, which is ₹11,835.13 crore more than that of RIL's ₹8,08,867.69 crore
  • Shares of TCS rose 1.09% to close at ₹2,187.15 apiece on the BSE, while those of RIL fell 1.25% to ₹1,276
  • RIL and TCS have in the past also competed with each other for the number one position in terms of m-cap (Photo: Mint)Premium
    RIL and TCS have in the past also competed with each other for the number one position in terms of m-cap (Photo: Mint)

    New Delhi: Tata Consultancy Services (TCS) on Tuesday reclaimed the status as the country's most-valued company by market valuation replacing Reliance Industries Ltd.

    Reliance Industries Ltd (RIL) had on Monday raced past TCS to become the country's most-valued firm by market valuation.

    At the end of trade on Tuesday, the market capitalisation (m-cap) of TCS was at 8,20,702.82 crore, which is 11,835.13 crore more than that of RIL's 8,08,867.69 crore.

    Shares of TCS rose 1.09% to close at 2,187.15 apiece on the BSE, while those of RIL fell 1.25% to 1,276.

    RIL and TCS have in the past also competed with each other for the number one position in terms of m-cap.

    In the ranking of top domestic firms by m-cap, TCS was at number one position followed by RIL, HDFC Bank with a valuation of 6,07,554.81 crore, HUL ( 3,98,550.69 crore) and HDFC ( 3,60,752.21 crore).

    The m-cap figure of companies changes daily with stock price movement.

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    Published: 20 Aug 2019, 07:05 PM IST
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