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Reliance - Most Valuable Company in India!

By:  Tupaki Desk   |   18 April 2017 10:20 AM GMT
Reliance - Most Valuable Company in India!
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Mukesh Ambani's Reliance Industries (RIL) surpassed Tara Consultancy Services (TCS) to emerge as the Most Valuable Company in India in terms of Market Capitalisation in intra-day trade.

In BSE Sensex, Reliance was trading 1.2% higher at Rs 1,407.50 with a market cap of Rs 457,641 crore at 9.37 AM. Whereas, TCS share was trading 0.25% lover at Rs 2,321.40 with a market cap of Rs 457,386.

However, TCS reclaimed the Top Spot by 9:51 AM. Still, RIL could claim the feat as a huge achievement.

In the past three months, Reliance has recorded a market growth of 30%. Whereas, TCS managed just 1.7% growth. At this rate, RIL might be back on top very soon and could also remain in the No.1 spot for a very long time. Thanks to Jio!!