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Rediff.com  » Business » TCS becomes most-valued firm again; pips RIL

TCS becomes most-valued firm again; pips RIL

November 28, 2018 19:14 IST

Over the past few months, RIL and TCS are competing with each other to claim the number one position in terms of market capitalisation.

Tata Consultancy Services once again became the most-valued Indian company by market capitalisation following a smart surge in its share price on Wednesday.

 

Reliance Industries (RIL) on November 16 had overtaken Tata Consultancy Services to become the most-valued company in terms of market capitalisation.

At the end of trade on BSE on Wednesday, TCS commanded a market valuation of Rs 7,41,677.60 crore, which is Rs 15,124.33 crore more than that of RIL's Rs 7,26,553.27 crore m-cap.

Shares of TCS went up by 4.67 per cent to close at Rs 1,976.55 on BSE.

During the day, it surged 4.96 per cent to Rs 1,982.15.

The scrip of RIL ended 1.66 per cent higher at Rs 1,146.25. Intra-day, it gained 2.67 per cent to Rs 1,157.70.

Over the past few months, RIL and TCS are competing with each other to claim the number one position in terms of market capitalisation.

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

Photograph: Kind courtesy, TCS

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