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Last Updated : May 14, 2019 07:39 PM IST | Source: PTI

RIL again becomes most-valued firm by market cap

At the close of trade, RIL's market capitalisation (m-cap) was at Rs 7,98,385.98 crore, which is Rs 12,505.29 crore more than that of Tata Consultancy Services (TCS) Rs 7,85,880.69 crore valuation, according to data available with the BSE.

 
 
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Reliance Industries Ltd May 14 reclaimed the status of the country's most-valued firm in terms of market valuation after two trading sessions, overtaking software services major TCS.

At the close of trade, RIL's market capitalisation (m-cap) was at Rs 7,98,385.98 crore, which is Rs 12,505.29 crore more than that of Tata Consultancy Services (TCS) Rs 7,85,880.69 crore valuation, according to data available with the BSE.

Shares of Reliance Industries Ltd (RIL) rose 2.33 per cent to close at Rs 1,259.50 apiece on the BSE, while those of TCS fell by 1.72 per cent to Rs 2,094.35.

RIL shares were on a downhill for the past few days.

TCS had on May 9 became the country's most-valued firm by market valuation, surpassing RIL.

RIL and TCS have in the past also competed with each other for the number one position in terms of market capitalisation.

In the domestic m-cap chart, RIL is at number one position followed by TCS, HDFC Bank (Rs 6,24,089.61 crore), HUL (Rs 3,66,787.51 crore) and ITC (Rs 3,60,403.77 crore) in the top-five order.

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

Disclaimer: “Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.”

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First Published on May 14, 2019 07:29 pm
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