TCS Overtakes RIL to Become India's Most Valued Company

An Assignment In Business Research Methods - II SY BBA Submitted by

Staycy Dsouza R-11-08

Department of BBA Rosary College of Commerce and Arts 2011-2014

Article IT major TCS surpassed Reliance Industries to become the country's most valued company as its market capitalisation soared to over Rs 2.61 lakh crore today because of spurt in the share price. During the afternoon trade, TCS commanded a market value of Rs 2,61,357 crore, the highest for any listed company in the country. This is about Rs 833 crore more than RIL's market value of Rs 2,60,524 crore. A gain of nearly 2 per cent at Rs 1,335 in TCS's share price pushed the company to the top slot. In comparison, RIL was trading 0.12 per cent lower at Rs 804 on the BSE. Market capitalisation of a listed company corresponds to the cumulative market price of all its shares. This figure changes daily with the change in the stock price. Analysis Tata Consultancy Services (TCS) commanded a market value of Rs 2,60,075 crore the highest for any listed company in India. This is Rs 1,087 crore more than Reliance Industries Ltds (RIL) market value. A gain of 0.59 per cent in TCS share prices today pushed the company to the top position in the domestic market valuation chart. In comparison, RIL shares ended the day 0.58 per cent lower on the BSE. Market capitalisation or market value of a listed company is arrived at by multiplying the total number of its shares with its stock price on a particular day or time. This figure changes with the change in stock price.

Company Tata Consultancy Reliance Inds.

Current Price (Rs) 1,288.10 773.10

% Chang +0.78 +0.89

Equity 195.72 3,236.00

Face Value Market Cap (Rs Cr) 1 10 2,52,106.93 2,50,175.16

Form the above chart we see that the currrent price of TCS is 1,288.10; wchich is comperativly higher than RIL which is 773.10. Also the market capital of TCS is 2,52,106.93 here as of RIL is 2,50,175.16.