RIL outpace TCS to become the most valued firm by m-cap with more than 8 Lakh Crore

Last Updated: July 11, 2019

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RIL outpace TCS to become the most valued firm by m-cap with more than 8 Lakh Crore
11 July 2019 Current Affairs: Reliance Industries Ltd (RIL) an IT-major, Tata Consultancy Services(TCS) to become the most valued firm by market capitalization (m-cap).
The current m-cap of RIL is Rs 8,11,048.27 crore .
TCS is Rs 7,99,802.04 crore which is 11,246.23 crores less than RIL.
The shares of RIL increased by 2.20 % to Rs 1,279.45 on the BSE (Bombay Stock Exchange) 
The Intra-day surged to 2.55 % to Rs 1,283.85.
The Shares of TCS came down to 2.05 % to Rs 2,131.45.
RIL followed by TCS, HDFC Bank (Housing Development Finance Corporation,Rs 6,50,136.04 crore), HDFC (Rs 3,85,207.96 crore) and HUL(Hindustan Unilever ,Rs 3,76,545.49 crore).

About RIL:
Founder: Dhirubhai Ambani
Founded: 8 May 1973,
Headquarters: Maharashtra

About TCS:
Headquarters: Mumbai
Founded: 1 April 1968

Daily Current Affairs 2019



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