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

NSEL payments: HC orders creation of three-member monitoring panel

The three-member panel will negotiate with borrowers, FTIL and EOW on liquidation of borrowers' assets

El Niño worries inflation managers

RBI has decided to consider inflation based on new series CPI in which half of the weight is for food, beverages and tobacco

Sensex eyes Summit 23k as indices hit new peaks

Analysts expect gains to be limited in the near term as companies post their financial results and India continues its five-week long election ...

Traders trim positions ahead of poll results

Rollovers decline; open interest drops

Sebi's Draft Fatca norms: Greater scrutiny ahead for high-value US a/cs

Individual accounts with holdings of more than $1 mn will come under greater scrutiny; those with balances less than $50,000 will be exempt from ...

Back to Top