RIL becomes India's most valued firm again; surpasses TCS in market cap

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

Reliance Industries on Tuesday regained the status of the country's most valued firm in terms of market valuation, surging past information technology (IT) giant Tata Consultancy Services (TCS) in intra-day trade.

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

Earlier on April 11, 2018, RIL had m-cap of Rs 5.89 trillion and TCS of Rs 5.77 trillion on closing level basis.

Thus far in the month of July, RIL has rallied 22%, while TCS up 5% on the BSE. On comparison, the S&P BSE Sensex