RIL replaces TCS as most valued company

New Delhi: Reliance IndustriesNSE 6.39 % Limited on Friday raced past TCS to clinch the title of the most valued domestic firm by market valuation, helped by a rally in its share price.

Reliance Industries Limited (RIL) with a market valuation of Rs 7,95,179.62 crore at close of trade on Friday stood at the top of the domestic m-cap ranking.

The m-cap of Tata Consultancy Services (TCS) was at Rs 7,75,092.58 crore, which is Rs 20,087.04 crore less than that of RIL’s.