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Reliance overtakes TCS to become most valued firm again

Mar 25, 2020 by The Passage Team
Reliance overtakes TCS to become most valued firm again

Reliance Industries Limited (RIL) on Wednesday surpassed TCS to become the most valued domestic firm by market capitalisation during morning trade following a spike in its share price. The company's scrip zoomed 9.74 per cent to ₹1,035 on the BSE.

On the NSE, it climbed 9.61 per cent to ₹1,034.10.

Tracking gains in the share price, the company's market valuation also rose to ₹6,49,838.31 crore. With this, the company surpassed Tata Consultancy Services (TCS) to become the most valued domestic firm by market capitalisation.

Source: Livemint

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