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24 January 2018
 |
| TCS (The Total Investment & Insurance Solutions) |
Tata Consultancy Services' market valuation
surged past the Rs 6 lakh crore mark today, becoming the second company to
achieve the milestone after Reliance Industries Ltd.
At the close of trade today, the market
capitalisation (m-cap) of TCS stood at Rs 6,07,709.74 crore.
Shares of the IT major rose by 2.30 per cent
to end at Rs 3,174.60 on BSE. Intra-day, it gained 4.88 per cent to Rs 3,254.80
-- its 52-week high.
The company had briefly surpassed RIL to
become the country's most valued firm in terms of market valuation during the
afternoon trade on BSE.
RIL later regained its status as the most
valued Indian firm with a market valuation of Rs 6,10,938.21 crore.
Market valuation of Reliance Industries Ltd
had crossed the Rs 6 lakh crore mark on November 1 last year.
Shares of RIL ended with a loss of 1.75 per
cent at Rs 964.55.
In the ranking of top-five firms in the m-cap
chart, RIL remained at number one position followed by TCS, HDFC Bank (Rs
5,08,822.40 crore), ITC (Rs 3,43,161.36 crore) and HDFC (Rs 3,04,812.47 crore).The Total Investment & Insurance Solutions
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