TCS surpasses RIL to reclaim most-valued firm status


Team Udayavani, Aug 20, 2019, 7:37 PM IST

New Delhi: Tata Consultancy Services 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 Rs 8,20,702.82 crore, which is Rs 11,835.13 crore more than that of RIL’s Rs 8,08,867.69 crore.

Shares of TCS rose 1.09 per cent to close at Rs 2,187.15 apiece on the BSE, while those of RIL fell 1.25 per cent to Rs 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 Rs 6,07,554.81 crore, HUL (Rs 3,98,550.69 crore) and HDFC (Rs 3,60,752.21 crore).

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

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Drugs worth Rs 6 crore seized in Bengaluru, five arrested

Siddaramaiah urges Nirmala Sitharaman to address NABARD’s loan cuts to farmers

Karnataka HC denies anticipatory bail to Prajwal Revanna in sexual harassment case

Delhi court stays defamation case against CM Atishi

Awards don’t create value for independent films in India: Manoj Bajpayee

Public Alert: Cyber fraudsters impersonating traffic police to demand fines

UP: 25 people booked for attacking civic officials for encroachment removal

Related Articles More

Sony India bags ACC media rights for eight years

Musk says X now top news app on App Store in India

Air India to offer integrated aircraft maintenance engineering programme

Markets stage sharp recovery; Sensex reclaims 79k level, Nifty surges 557.35 points

Baku climate talks: The ‘X’ factor that could determine future of Global South

MUST WATCH

Christmas Cake Fruit Mixing

DK Shivakumar

Rose Cultivation

Geethotsava

Naxal Operation


Latest Additions

Air pollution: SC flags Delhi govt’s failure to implement GRAP-4 curbs on entry of trucks

Drugs worth Rs 6 crore seized in Bengaluru, five arrested

Siddaramaiah urges Nirmala Sitharaman to address NABARD’s loan cuts to farmers

Satwik-Chirag enter semifinals, Lakshya loses to Antonsen in China Masters

BJP stages protest against Congress govt in Karnataka over Waqf properties row

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.