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ONGC surpasses TCS to become most-valued firm

Monday, 16 July 2012 12:32
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The State-owned Oil and Natural Gas Corporation (ONGC) on Monday became the country’s most-valued company with market capitalisation of over Rs. 2.42 lakh crore, surpassing Tata Group’s software services company TCS.

During the morning trade, energy major ONGC commanded a market value of over Rs. 2,42,890 crore, the highest for any listed company in India. This is about Rs. 1,105 crore more than Tata Consultancy Services’ market capitalisation of around Rs. 2,41,785 crore.

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