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RIL briefly overtakes TCS as most-valued firm

RIL's market capitalisation stood at Rs 4.58 lakh cr, while that of TCS dropped to Rs 4.54 lakh cr

BS Reporter  |  Mumbai 

RIL briefly overtakes TCS as most-valued firm

Mukesh Ambani-led Industries (RIL) on Tuesday briefly surpassed Consultancy Services (TCS) as India’s most-valued company. RIL’s (m-cap), when the stock touched an intra-day high of Rs 1,410, stood at Rs 4.58 lakh crore, while that of dropped to Rs 4.54 lakh crore when its stock touched an intra-day low of Rs 2,303. In a volatile day of trade, shares of ended 1.5 per cent lower at Rs 1,370.45. Meanwhile, shares of ended 0.53 per cent lower at Rs 2,309 ahead of its fourth-quarter result announcement. The group flagship company toppled as the country’s most valuable firm in February 2013. TCS’ was Rs 9,324 crore (or two per cent) higher than RIL’s at Tuesday’s closing prices.

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RIL briefly overtakes TCS as most-valued firm

RIL's market capitalisation stood at Rs 4.58 lakh cr, while that of TCS dropped to Rs 4.54 lakh cr

RIL's market capitalisation stood at Rs 4.58 lakh cr, while that of TCS dropped to Rs 4.54 lakh cr
Mukesh Ambani-led Industries (RIL) on Tuesday briefly surpassed Consultancy Services (TCS) as India’s most-valued company. RIL’s (m-cap), when the stock touched an intra-day high of Rs 1,410, stood at Rs 4.58 lakh crore, while that of dropped to Rs 4.54 lakh crore when its stock touched an intra-day low of Rs 2,303. In a volatile day of trade, shares of ended 1.5 per cent lower at Rs 1,370.45. Meanwhile, shares of ended 0.53 per cent lower at Rs 2,309 ahead of its fourth-quarter result announcement. The group flagship company toppled as the country’s most valuable firm in February 2013. TCS’ was Rs 9,324 crore (or two per cent) higher than RIL’s at Tuesday’s closing prices.

chart

image
Business Standard
177 22

RIL briefly overtakes TCS as most-valued firm

RIL's market capitalisation stood at Rs 4.58 lakh cr, while that of TCS dropped to Rs 4.54 lakh cr

Mukesh Ambani-led Industries (RIL) on Tuesday briefly surpassed Consultancy Services (TCS) as India’s most-valued company. RIL’s (m-cap), when the stock touched an intra-day high of Rs 1,410, stood at Rs 4.58 lakh crore, while that of dropped to Rs 4.54 lakh crore when its stock touched an intra-day low of Rs 2,303. In a volatile day of trade, shares of ended 1.5 per cent lower at Rs 1,370.45. Meanwhile, shares of ended 0.53 per cent lower at Rs 2,309 ahead of its fourth-quarter result announcement. The group flagship company toppled as the country’s most valuable firm in February 2013. TCS’ was Rs 9,324 crore (or two per cent) higher than RIL’s at Tuesday’s closing prices.

chart

image
Business Standard
177 22