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

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

Press Trust of India  |  New Delhi 

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

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

of were trading 3.43 per cent higher at Rs 1,416.40 on 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.


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

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

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

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

First Published: Fri, April 21 2017. 14:14 IST
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