Reliance Industries Reclaims Tag Of India’s Most Valued Firm By Market Value
RIL’s market capitalisation was at Rs 8.11 lakh crore at the close of trade, which was Rs 11,246.23 crore more than that of TCS at Rs 7.99 lakh crore on the Bombay Stock Exchange.
Shares of RIL settled at Rs 1,279.45, up 2.20 percent on the BSE. Intraday, it rose 2.55 percent to Rs 1,283.85.
The scrip of TCS, however, fell by 2.05 percent to close at Rs 2,131.45. During the day, it declined 3.95 percent to Rs 2,090 apiece.
Both the companies have in the past also competed against each other for the most valued company status.
The market capitalisation of companies changes daily with stock price movement.