New Delhi, Apr 12 (PTI) Tata Consultancy Services (TCS) went past the Rs 6 lakh crore market valuation mark today, overtaking Reliance Industries to become the country’s most valued firm again.
At close of trade, TCS’ market valuation stood at Rs 6,00,569.45 crore.
Shares of the company surged 4.04 per cent to end at Rs 3,137.30 on BSE. During the day, it soared 4.46 per cent to Rs 3,150.
The market capitalisation (m-cap) of TCS was Rs 12,998.89 crore more than that of RIL’s Rs 5,87,570.56 crore valuation.
Shares of RIL ended flat at Rs 927.55, a loss of 0.16 per cent on BSE.
In the ranking of top-five most valued companies, TCS was at number one position, followed by RIL, HDFC Bank (Rs 4,99,892.24 crore), ITC (Rs 3,19,752.53 crore) and HDFC (Rs 3,06,416.93 crore).
On January 24 this year, TCS’ market valuation had surged past the Rs 6 trillion mark, making it the second company to achieve the milestone after RIL. PTI SUM ABM ABM
This is published unedited from the PTI feed.