TCS reclaims title of 2nd most valued firm by mcap; HDFC Bank takes 3rd place

Tata Consultancy Services (TCS) jumped to the second spot in the list of most valued firms by market valuation, overtaking HDFC Bank.

At the close of trade on Monday, TCS commanded a market capitalisation (mcap) of Rs 12,51,798.07 crore which was Rs 6,049.69 crore more than HDFC Bank’s Rs 12,45,748.38 crore valuation on the BSE.

Shares of TCS jumped 1.96 per cent to settle at Rs 3,421.10 apiece on the BSE. During the day, it climbed 2.10 per cent to Rs 3,426.

However, HDFC Bank ended flat at Rs 1,651.10 per share, marginally up by 0.38 per cent.