Reliance Industries TCS

Reliance Industries Ltd witnessed a rise of Rs 31,506.3 crore to Rs 9,30,006.19 crore in its valuation

The Mukesh Ambani-controlled conglomerate, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and m-cap.

The company's scrip zoomed 9.74 per cent to Rs 1,035 on the BSE

Analysts at Morgan Stanley have downgraded the stock to 'equal-weight' with a price target of Rs 1,349. They expect RIL's two-year earnings upswing to reverse

RIL market capitalisation stood at Rs 7.51 trillion, more than TCS' of Rs 7.43-trillion valuation, as per BSE data.

TCS was trading 4% higher at Rs 3,229, have a market-cap of Rs 6.18 trillion, surpassed RIL, which has market-cap of Rs 6.14 trillion at 10:10 AM, the BSE data shows.

Thus far in the calendar year 2017, RIL surged 31% against 1.4% decline in TCS.

At Friday's closing prices, RIL's market cap stood at Rs 455,105 crore

Shares of RIL rose by over 1 per cent to a multi-year high of Rs 1,410 on BSE

Thus far in the calendar year 2017, the stock of RIL rallied 30%, while TCS was down 1.7% on BSE.