 "RIL Chairman Mukesh Ambani with his son, Akash. Pic: Kamlesh Pednekar")
Mukesh Ambani-led Reliance Industries (RIL) surpassed Tata group’s Tata Consultancy Services (TCS) to become India's most valuable company in terms of market capitalisation (m-cap) in intra-day trade.
RIL, with the m-cap of Rs 457,641 crore was ahead of TCS, which had a m-cap of Rs 457,386 crore at 09.37 am, the BSE data shows. RIL was trading 1.2% higher at Rs 1,407.50, while TCS was flat at Rs 2,321.40.
RIL, however, trimmed gains as trade progressed and slipped to the No. 2 spot. At 09:51 am; TCS reclaimed the at number one position with m-cap of Rs 457,099 crore.
RIL, with the m-cap of Rs 457,641 crore was ahead of TCS, which had a m-cap of Rs 457,386 crore at 09.37 am, the BSE data shows. RIL was trading 1.2% higher at Rs 1,407.50, while TCS was flat at Rs 2,321.40.
RIL, however, trimmed gains as trade progressed and slipped to the No. 2 spot. At 09:51 am; TCS reclaimed the at number one position with m-cap of Rs 457,099 crore.
