GET Stock QuotesNews18 APP
News18 English

Madhya Pradesh

Rajasthan

Poll in 1 seat deferred

Chhattisgarh

Telangana

Mizoram

»
1-min read

RIL Reclaims Most Valued Co status in m-cap, Replaces TCS

At close on BSE on Tuesday, RIL's market valuation stood at Rs 7,51,414.89 crore, which is Rs 8,192.73 crore more than that of TCS' Rs 7,43,222.16 crore m-cap.

PTI

Updated:August 1, 2018, 4:49 PM IST
facebookTwittergoogleskypewhatsapp
RIL Reclaims Most Valued Co status in m-cap, Replaces TCS
Image for representation.
Loading...
New Delhi: Reliance Industries on Tuesday regained its status as the country's most valued firm by market capitalisation (m-cap), replacing Tata Group's crown jewel TCS from the top slot.

At close on BSE today, RIL's market valuation stood at Rs 7,51,414.89 crore, which is Rs 8,192.73 crore more than that of TCS' Rs 7,43,222.16 crore m-cap.

TCS is now at the second position in m-cap ranking followed by HDFC Bank with an m-cap of Rs 5,75,185.44 crore, HUL (Rs 3,74,827.99 crore) and ITC (Rs 3,63,149.63 crore).

Shares of RIL rose by 3.14 per cent to close at Rs 1,185.85 on BSE today. During the day, it surged 3.50 per cent to Rs 1,190 -- its lifetime high. The scrip has been on a rising spree for past three sessions after impressive quarterly results.

The stock was the top gainer among the 30 Sensex blue chips.

The stock of TCS ended flat at Rs 1,941.25, down 0.19 per cent.

Shares of Reliance Industries rose by 2 per cent yesterday also after the company reported its highest ever quarterly net profit.

TCS had first replaced RIL as the most valued firm more than five years ago.

Reliance Industries had earlier this month crossed the USD 100-billion market capitalisation mark.

So far this year, shares of RIL have surged nearly 29 per cent, while those of TCS slumped over 28 per cent.

On July 13, RIL's m-cap had briefly surged past the Rs 7 lakh crore mark, making it the second company after Tata Consultancy Services (TCS) to achieve this milestone.

Later on July 20, RIL's market value surged past Rs 7 lakh crore for the second time in a week.

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

(Disclaimer: News18.com is part of Network18 Media & Investment Limited which is owned by Reliance Industry Limited)
(Get detailed and live results of each and every seat of the state Assemblies in Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you put on the psephologist's hat. Know interesting facts and trivia about the elections. Elections = News18)
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 177.85 7.36
Reliance 1,097.55 0.67
ICICI Bank 342.80 -1.02
Kotak Mahindra 1,218.70 1.70
Sun Pharma 422.30 5.84
Company Price Change %Gain
Yes Bank 177.40 7.29
Sun Pharma 421.80 5.75
Reliance 1,096.20 0.71
Kotak Mahindra 1,218.50 1.70
Tata Steel 501.60 -0.09
Top Gainers
Company Price Change %Gain
Yes Bank 177.85 7.36
Sun Pharma 422.30 5.84
Asian Paints 1,323.60 3.88
Titan Company 933.15 2.87
Zee Entertain 478.90 2.74
Company Price Change %Gain
Yes Bank 177.40 7.29
Sun Pharma 421.80 5.75
Asian Paints 1,323.95 4.03
SBI 281.20 2.85
Axis Bank 604.25 2.42
Top Losers
Company Price Change %Gain
HPCL 220.10 -2.91
IOC 131.95 -1.79
Bharti Airtel 290.25 -1.59
HDFC Bank 2,059.55 -1.40
BPCL 326.75 -1.06
Company Price Change %Gain
Bharti Airtel 290.10 -1.43
HDFC Bank 2,060.80 -1.36
ICICI Bank 342.75 -1.04
Adani Ports 356.90 -0.68
Maruti Suzuki 7,309.85 -0.55

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results