Millennium Post

ONGC reclaims its most-valued firm spot, TCS now 2nd

State-owned energy major ONGC on Thursday reclaimed the spot as the country's most-valued company, pushing information technology giant TCS to the second slot.

At the end of trade, ONGC commanded a market value of Rs 2,89,047 crore. This is about Rs 4,428 crore more than TCS's m-cap of Rs 2,84,619 crore.

ONGC scrip ended 0.82 per cent higher, while TCS lost 1.02 per cent on the BSE.

Reliance Industries with a market capitalisation of Rs 2,71,904 crore was at third place, followed by ITC (Rs 2,66,133 crore) and Coal India (Rs 1,88,543 crore). Market capitalisation or the 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.
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