TCS regains most valued firm crown with Rs 6 lakh cr m-cap

Image
Press Trust of India New Delhi
Last Updated : Apr 12 2018 | 8:20 PM IST

Tata Consultancy Services (TCS) went past the Rs 6 lakh crore market valuation mark today, overtaking Reliance Industries to become the country's most valued firm again.

At close of trade, TCS' market valuation stood at Rs 6,00,569.45 crore.

Shares of the company surged 4.04 per cent to end at Rs 3,137.30 on BSE. During the day, it soared 4.46 per cent to Rs 3,150.

The market capitalisation (m-cap) of TCS was Rs 12,998.89 crore more than that of RIL's Rs 5,87,570.56 crore valuation.

Shares of RIL ended flat at Rs 927.55, a loss of 0.16 per cent on BSE.

In the ranking of top-five most valued companies, TCS was at number one position, followed by RIL, HDFC Bank (Rs 4,99,892.24 crore), ITC (Rs 3,19,752.53 crore) and HDFC (Rs 3,06,416.93 crore).

On January 24 this year, TCS' market valuation had surged past the Rs 6 trillion mark, making it the second company to achieve the milestone after RIL.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 12 2018 | 8:20 PM IST

Next Story