Live Markets »News & Advice»Market News»Market News Details
Market News Details
Back

RIL pips TCS to become most-valued Indian company, M-Cap at record high

Press Trust of India/New Delhi 21 Apr 17 | 02:14 PM
 Tata Consultancy Services Ltd
tradenow

BSE   24 Nov 17 | 02:36 PM

2692.00  9.25 (0.34%)

NSE   24 Nov 17 | 02:29 PM

2692.05  10.8 (0.4%)

Mukesh Ambani-led Reliance Industries on Friday regained its status as India's most valued firm by market capitalisation, overtaking Tata Group's crown jewel TCS.

Shares of RIL were trading 3.43 per cent higher at Rs 1,416.40 on BSE at 1236 hrs, giving the company a market capitalisation (m-cap) of Rs 4,60,291.20 crore — the highest for any listed firm in the country. This was Rs 3,151.92 crore more than TCS' Rs 4,57,139.28 crore valuation at the time.

Related Stories

    No Related Stories Found
Widgets Magazine

The scrip of TCS was quoting 0.33 per cent lower at Rs 2,320.65.

Reliance Industries had on Tuesday briefly regained its status as India's top-valued firm, overtaking TCS.

TCS had replaced RIL as the most valued firm more than four years ago but a sharp rally in the shares of the Mukesh Ambani-led firm in recent past has helped the company close the gap.

Shares of RIL have surged nearly 27 per cent, while those of TCS have fallen by over 1 per cent so far this year.

Widgets Magazine

Sensex

Company Price Gain (%)
Infosys1,012.802.16
ITC261.251.20
M & M1,436.001.14
Bajaj Auto3,292.000.92
Power Grid Corpn211.100.91

Poll

It has been a year since demonetisation was announced. What is your view about the move?



Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine