TCS tops in market capitalisation
Mumbai: Tata Consultancy Services today became the country’s most valued firm with a market capitalisation of Rs 2.77 lakh crore.
At the end of trade today, TCS commanded a market cap of Rs 2,77,680 crore. This is about Rs 397 crore more than the ONGC’s m—cap of Rs 2,77,283 crore that slipped to second slot.
Shares of TCS ended 0.72 per cent lower, while ONGC was down 1.55 per cent. On April 25, state—owned energy major ONGC had pushed IT giant TCS to the second slot to emerge as the most valued company.
ITC with a market capitalisation of Rs 2,61,353 crore was at third place, followed by RIL (Rs 2,59,245 crore) and Coal India (Rs 2,00,828 crore).
Following a dreadful washout in the four-State Assembly polls, a humbled Congress accepted its defeat and called for a much needed introspection to rethink their strategy ahead of the 2014 Lok Sabha polls.
Date 19 hrs ago, Duration 2:49, Views 243