TCS pips Reliance Industries to become most valued company again

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Reliance Industries (RIL) on November 16 had pipped Tata Consultancy Services to become the most-valued company by way of market capitalisation.

 PTI   New Delhi     Last Updated: November 28, 2018  | 22:17 IST

Tata Consultancy Services as soon as again turned the most-valued Indian company by market capitalisation following a wise surge in its share value Wednesday.

Reliance Industries (RIL) on November 16 had pipped Tata Consultancy Services to become the most-valued company by way of market capitalisation. At the tip of commerce on BSE Wednesday, TCS commanded a market valuation of Rs 7,41,677.60 crore, which is Rs 15,124.33 crore greater than that of RIL’s Rs 7,26,553.27 crore m-cap.

Shares of TCS went up by 4.67 per cent to shut at Rs 1,976.55 on BSE. During the day, it surged 4.96 per cent to Rs 1,982.15.

The scrip of Reliance Industries Ltd ended 1.66 per cent increased at Rs 1,146.25. Intra-day, it gained 2.67 per cent to Rs 1,157.70. Over the previous few months, RIL and TCS are competing with one another to declare the primary place by way of market capitalisation. The m-cap determine of corporations adjustments each day with inventory value motion.

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