Sunday, February 25, 2018
facebook

google plus
FLASH
  • CBI registers Rs 97-cr loan default case against Simbhaoli Sugars, its CMD Gurmit Singh Mann and others
Business

Posted at: Sep 13, 2017, 12:01 AM; last updated: Sep 13, 2017, 12:01 AM (IST)

TCS regains second most-valued firm slot

New Delhi, September 12

Overtaking HDFC Bank, Tata Consultancy Services (TCS) today regained its status as the country's second most valued firm in terms of market capitalisation.

Earlier in the day, HDFC Bank had surpassed TCS to become the country's second most valued firm. However, it slipped to third position in the ranking chart at close of trade.

In the afternoon trade, market capitalisation (m-cap) of HDFC Bank reached Rs 4,73,530.72 crore, crossing that of TCS was Rs 4,72,733.32 crore.

However, at the close of trade, TCS' market valuation stood at Rs 4,76,045.04 crore, which was Rs 2,578.86 crore more than HDFC Bank's Rs 4,73,466.18 crore valuation.

Shares of TCS went up by 0.94 per cent to close at Rs 2,486.80 on BSE, while HDFC Bank gained 0.62 per cent to end at Rs 1,834.15.

Reliance Industries Ltd is the country's most valued firm with a market cap of Rs 5,35,509.87 crore, followed by TCS, HDFC Bank, ITC (Rs 3,38,064.40 crore) and HDFC (Rs 2,86,404.51 crore). PTI

COMMENTS

All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.
Amid clashes, Ludhiana sees 59% turnoutMC Polls

Amid clashes, Ludhiana sees 59% turnout

25 Feb 2018 | 1:40 AM
The Bent & the Beautiful are well and kicking…KAFFEEKLATSCH

The Bent & the Beautiful are well and kicking…

25 Feb 2018 | 1:29 AMby Harish Khare
I, The Indian & My ArmyMockingbird

I, The Indian & My Army

25 Feb 2018 | 1:29 AMby Saba Naqvi
NiMoNia

NiMoNia

25 Feb 2018 | 1:29 AMby Sanjeev Sharma in New Delhi
Share On