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BSE   29 Aug 16 | 02:11 PM

237.25 -1.2 (-0.5%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500312
Face Value: N.A.

NSE   29 Aug 16 | 01:59 PM

237.55 -0.85 (-0.36%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: ONGC
1 Week : Rs 239.35 (-0.88%)
1 Month : Rs 219.95 (7.87%)
1 Year : Rs 243.55 (-2.59%)
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ONGC topples TCS to become most valued firm

Press Trust of India / Mumbai 03 Jul 12 | 03:16 PM

State-owned ONGC today toppled software exporter TCS to becomes the country's most valued company with its market capitalisation soaring to over Rs 2.48 lakh crore, driven by a spurt in share price.

During the afternoon trade, ONGC commanded a market value of over Rs 2.48 lakh crore -- the highest for any listed company in India. This is about Rs 5,500 crore more than Tata Consultancy Services' (TCS) market value of around Rs 2.42 lakh crore.

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A sharp gain of 1.59% in ONGC's share price today pushed the company to the top slot. In comparison, TCS fell by 1.61%.

Market capitalisation of a listed company corresponds to the cumulative market price of all its shares. This figure changes daily with the change in the stock price.

Reliance Industries with a market capitalisation of Rs 2.40 lakh crore stood at the third position, followed by Coal India (Rs 2.24 lakh crore) and ITC ( Rs 1.93 lakh crore).

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