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The oil-to-telecom conglomerate’s market capitalisation (m-cap) zoomed to Rs 10.02 lakh crore during morning trade on the BSE.
The company’s stock rose 0.73 per cent to a record peak of Rs 1,581.25 in intra-day trade on the stock exchange.
Later, it retreated from the milestone and the firm’s market capitalisation (m-cap) was around Rs 9,99,368.41 crore at 1050 hours.
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In October this year, Reliance Industries (RIL) hit the Rs 9 lakh crore m-cap level.
In August 2018, it became the first Indian company to have crossed the Rs 8 lakh crore m-cap mark.
So far this year, the company’s scrip has zoomed 41 per cent, much higher than the 13.8 per cent rise in Sensex so far in 2019.
TCS is the country’s second most valued firm with a market valuation of Rs 7,79,708.02 crore, followed by HDFC Bank with a market cap of Rs 6,96,494.75 crore, Hindustan Unilever (Rs 4,49,252.62 crore) and HDFC (Rs 3,99,599.38 crore).
The m-cap figures of companies change daily with stock price movement.