 "TCS overtakes RIL to become India's most valued company")
At the end of trade, TCS commanded a market value of Rs 2,83,209 crore, the highest for any listed company in the country. This is about Rs 6,523 crore more than RIL's market value of Rs 2,76,686 crore.
A gain of 1.15% at Rs 1,447 in TCS's share price pushed the company to the top slot. In comparison, RIL shares fell by 2.63% to Rs 855.15 on the BSE.
Market capitalisation of a listed company corresponds to the cumulative market price of all its shares. This figure changes daily with the change in the stock price.
ONGC with a market value of Rs 2,75,187 crore was at third spot, while ITC (Rs 2,36,855 crore) was at fourth position and Coal India (Rs 2,21,704 crore) at fifth place.
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