<p>Software services major TCS today overtook state-owned ONGC to become the country's most-valued company, helped by a rise in its share price.<br /><br /></p>.<p>During the morning trade, TCS' market value surged to Rs 2,80,822 crore, the highest for any listed company in the country.<br /><br />This is about Rs 2,555 crore more than ONGC's market capitalisation of Rs 2,78,267 crore.<br /><br />Shares of TCS were trading 0.67 per cent higher, while ONGC's scrip fell by 0.96 per cent on the BSE.<br /><br />ONGC's rein at the top position proved to be short-lived as it had on Thursday last week surpassed TCS to become the most value company.<br /><br />Reliance Industries with a market capitalisation of Rs 2,58,032 crore was at third position, followed by ITC (Rs 2,49,697 crore) and Coal India (Rs 1,98,333 crore).<br />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. This figure changes daily with the change in the stock price.</p>
<p>Software services major TCS today overtook state-owned ONGC to become the country's most-valued company, helped by a rise in its share price.<br /><br /></p>.<p>During the morning trade, TCS' market value surged to Rs 2,80,822 crore, the highest for any listed company in the country.<br /><br />This is about Rs 2,555 crore more than ONGC's market capitalisation of Rs 2,78,267 crore.<br /><br />Shares of TCS were trading 0.67 per cent higher, while ONGC's scrip fell by 0.96 per cent on the BSE.<br /><br />ONGC's rein at the top position proved to be short-lived as it had on Thursday last week surpassed TCS to become the most value company.<br /><br />Reliance Industries with a market capitalisation of Rs 2,58,032 crore was at third position, followed by ITC (Rs 2,49,697 crore) and Coal India (Rs 1,98,333 crore).<br />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. This figure changes daily with the change in the stock price.</p>