New Document top_band
 
Business Standard

TCS beats RIL to be most valued firm on Indian bourses

Read more on:    Tcs | Bse | Ongc | Reliance Industries
Related News

Tata Group software services company on Wednesday became the country's most-valued firm with a market capitalisation (m-cap) of Rs 2,60,075 crore, surpassing energy major RIL's market value of Rs 2,58,988 crore.

At the end of on Wednesday's trade, Tata Consultancy Services (TCS) commanded a market value of Rs 2,60,075 crore — the highest for any listed company in India. This is Rs 1,087 crore more than Ltd's (RIL) market value.

A gain of 0.6 per cent in TCS' share prices on Wednesday pushed the company to the top position in the domestic market valuation chart. In comparison, RIL shares ended the day 0.6 per cent lower on the .

Last week on Friday, TCS m-cap had surpassed the market value of RIL but the IT giant's stint at the top position proved short-lived, with RIL reclaiming the position by the end of trade that day.

Market capitalisation or market value of a listed company is arrived at by multiplying the total number of its shares with its stock price on a particular day or time. This figure changes with the change in stock price.

with a market cap of Rs 2,28,089 crore was at third place, followed by ITC (Rs 2,27,675 crore) and Coal India (Rs 2,19,904 crore), data showed.

Read more on:   
|
|
|

Read More

BSE launches carbon index

Premier bourse BSE, in collaboration with the UK government, today launched BSE Carbonex, the first-of-its-kind index in India or any emerging market ...

Quick Links

 

Market News

Sensex down 200 points; BHEL, Wipro dip 5%

Sensex was lower by 254 points at 26,017 mark and the Nifty declined by 80 points at 7,715

Goa Carbon slumps on closure notice for Paradeep plant

The company has received closure notice for Paradeep plant for non-compliance of stipulations

Indiabulls Housing Finance jumps on strong Q1 numbers

Indiabulls Housing Finance zoomed 6% after company's consolidated net profit jumped 21% at Rs 424 crore

Cairn India hits 11-month low

The stock tanked over 10% in two days after the company said that it will lend about $1.25 billion to its parent for two years.

TVS Motor falls second day in a row on lower than expected Q1 profit

The stock dipped 18% to Rs 147 from its record high of Rs 179 touched before the announcements of June quarter results.

Back to Top