TCS Overtakes RIL, Became The Most Valuable Company In The Country

Jamshedpur 25 Jan, 2021: The country’s largest tech company Tata Consultancy Services (TCS), has become the largest domestic company of the stock market in terms of market capitalization in the business of Monday, 25 January.
TCS has benefited from the steep fall in Reliance Industries shares in Monday’s business.
TCS ‘market camp was Rs 12,45,341.44 crore during afternoon trade, while Reliance Industries’ market camp fell to Rs 12,42,593.78 crore. RIL’s quarterly results could not please investors, due to which its shares were trading at Rs 1,950.30, down 4.84% on the BSE, and finally closed at Rs 1941, down 5.30%. TCS shares surged 1.26% to a one-year high of Rs 3,345.25 by noon. At the end of trading, it also declined by 0.36% to Rs 3291.30.
Despite TCS, it remains ahead of Reliance.
Reliance shares are seeing a sharp decline after the December quarter result.

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