TCS today surpassed Reliance Industries to become the country's most valued company as the IT major's market capitalisation soared to over Rs 2.83 lakh crore on the back of a spurt in its share price.

At the end of trade, TCS commanded a market value of Rs 2,83,209 crore, the highest for any listed company in the country. This is about Rs 6,523 crore more than RIL's market value of Rs 2,76,686 crore.