TCS Overtakes Reliance Industries To Become Most Valued Firm By Market Cap
At close of trade on Monday, TCS’ market cap was Rs 8.37 lakh crore, higher than that of RIL Rs 8.36 lakh crore on the Bombay Stock Exchange. TCS shares rose 2.39 percent during the day, while RIL closed 0.27 percent higher.
RIL had last month reclaimed its top spot, overtaking TCS. The two companies have in the past also competed with each other for the number one position.