TCS reclaims most valued company status; RIL slips to 2nd spot
Jun 28, 2017, 20:00 IST
Tata Consultancy Services has surpassed Reliance Industries to reclaim the status of the country's most valued firm by market valuation.
At close of trade today, the market capitalisation of TCS stood at Rs 4,63,287.02 crore, which was Rs 8,555.55 crore more than RIL's Rs 4,54,731.47 crore valuation.
Shares of RIL declined by 2.60 per cent to end at Rs 1,398.50, while TCS went up by 0.23 per cent to close at Rs 2,351.20 on BSE.
Tata Group's TCS in terms of m-cap to become the country's most valued company.
But, its position at the top spot was short-lived as it slipped to the second spot in today's trading session.
Temporary ups and down in the valuation chart of the two firms were seen in April as well.
On April 24, RIL had managed to close the trading session as the most valued firm.
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At close of trade today, the market capitalisation of TCS stood at Rs 4,63,287.02 crore, which was Rs 8,555.55 crore more than RIL's Rs 4,54,731.47 crore valuation.
Shares of RIL declined by 2.60 per cent to end at Rs 1,398.50, while TCS went up by 0.23 per cent to close at Rs 2,351.20 on BSE.
Tata Group's TCS in terms of m-cap to become the country's most valued company.
But, its position at the top spot was short-lived as it slipped to the second spot in today's trading session.
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On April 24, RIL had managed to close the trading session as the most valued firm.