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Reliance Industries goes past TCS to become most valued firm by m-cap
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Reliance Industries goes past TCS to become most valued firm by m-cap
Oct 16, 2018 12:12 PM

Reliance Industries on Tuesday again surpassed IT major TCS to become the country's most valued firm by market valuation.

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At close of trade on Tuesday, RIL's market capitalisation (m-cap) stood at Rs 7,37,576.57 crore on the BSE, which was Rs 1,471.26 crore more than that of Tata Consultancy Services' Rs 7,36,105.31 crore valuation.

Shares of RIL rose by 2.09 percent to settle at Rs 1,163.65 while that of TCS ended 0.64 percent higher at Rs 1,961.70 on the BSE.

Both, RIL and TCS have been competing with each other for the most valued company status.

RIL and TCS are followed by HDFC Bank (Rs 5,41,370.18 crore m-cap), ITC (Rs 3,45,918.24 crore) and HUL (Rs 3,34,297.56 crore) in the top five list.

The m-cap data of companies changes daily with stock price movement.

Disclosure:

Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

First Published:Oct 16, 2018 9:12 PM IST

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