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TCS surpasses Reliance Industries to become most valued firm by m-cap

RIL and TCS have in the past also competed with each other for the number one position in terms of market capitalisation

Press Trust of India  |  New Delhi 

TCS, Tata Consultancy Services
Logos of Tata Consultancy Services (TCS) are displayed at the venue of the annual general meeting of the software services provider in Mumbai

Monday surpassed to become the most valued firm by market valuation.

At close of trade, the market capitalisation (m-cap) of was at Rs 8,37,194.55 crore, which was Rs 1,170.47 crore more than that of RIL's Rs 8,36,024.08 crore on the BSE.

Shares of rose by 2.39 per cent to close at Rs 2,231.10, while those of RIL closed flat at Rs 1,318.85, up 0.27 per cent on the BSE.

Ltd had last month reclaimed the status of the country's most-valued firm in terms of market valuation, overtaking software services major

RIL and TCS have in the past also competed with each other for the number one position in terms of market capitalisation.

In the domestic m-cap ranking, TCS was at number one position followed by RIL, HDFC Bank (Rs 6,66,533.49 crore), HUL (Rs 4,00,325.83 crore) and HDFC (Rs 3,78,236.52 crore).

The m-cap figure of changes daily with the movement in their stock prices.

First Published: Mon, June 10 2019. 17:55 IST
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