TCS Surpasses Reliance Industries To Reclaim Most-Valued Firm Status
RIL had on Monday raced past TCS to become the country’s most-valued firm by market valuation.
At the end of trade on Tuesday, the market capitalisation of TCS was at Rs 8.2 lakh crore, which is Rs 11,835.13 crore more than that of RIL’s Rs 8.08 lakh crore.
Shares of TCS rose 1.09 percent to close at Rs 2,187.15 apiece on the Bombay Stock Exchange, while those of RIL fell 1.25 percent to Rs 1,276.
RIL and TCS have in the past also competed with each other for the number one position in terms of m-cap.
The market capitalisation of companies changes daily with stock price movement.