NEW DELHI: Tata Consultancy Services on Monday surpassed Reliance Industries Ltd to become the country's most valued firm by market capitalisation.
During the afternoon trade, the market valuation of Tata Consultancy Services (TCS) was at Rs 12,45,341.44 crore while that of Reliance Industries Ltd (RIL) was at Rs 12,42,593.78 crore on the BSE.
Shares of RIL declined 4.84 per cent to Rs 1,950.30 on the BSE after its earnings failed to cheer investors.
In contrast, TCS gained 1.26 per cent to touch its one-year high of Rs 3,345.25.
Tata Consultancy Services had in March last year also reclaimed the status of the country's most valued firm by market valuation.
Market capitalisation of companies changes daily with movement in their stock prices.
During the afternoon trade, the market valuation of Tata Consultancy Services (TCS) was at Rs 12,45,341.44 crore while that of Reliance Industries Ltd (RIL) was at Rs 12,42,593.78 crore on the BSE.
Shares of RIL declined 4.84 per cent to Rs 1,950.30 on the BSE after its earnings failed to cheer investors.
In contrast, TCS gained 1.26 per cent to touch its one-year high of Rs 3,345.25.
Tata Consultancy Services had in March last year also reclaimed the status of the country's most valued firm by market valuation.
Market capitalisation of companies changes daily with movement in their stock prices.
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(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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