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TCS overtakes Reliance Industries to become Most Valued Indian Firm by Market Valuation

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TCS building e1564058515801

Tata Consultancy Services on Thursday went past Reliance Industries Limited to become the country’s most valued firm by market valuation yet again.

At close of trade, the market capitalisation (m-cap) of Tata Consultancy Services (TCS) stood at Rs 7,98,620.04 crore, which is Rs 17,455.58 crore more than that of Reliance Industries Limited (RIL) at Rs 7,81,164.46 crore on the BSE.

Shares of TCS rose by 1.51 per cent to close at Rs 2,128.30 on the BSE, while those of RIL declined 2.11 per cent to Rs 1,232.30.

Both TCS and RIL keep competing with each other for the coveted title of the most valued domestic firm in terms of market capitalisation.

Apart from TCS and RIL, others in the top five list are HDFC Bank with a market valuation of Rs 6,24,666.23 crore, followed by HDFC (Rs 3,78,824.35 crore) and HUL (Rs 3,75,809.46 crore).

The m-cap figures of companies change daily with the stock price movement. PTI SUM

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