GET Stock QuotesNews18 APP
News18 English
»
1-min read

Tata Consultancy Services M-Cap Surges Past Rs 7-Lakh Cr Mark

TCS market valuation had earlier this year went past the Rs 6 lakh crore level, making it the second company to achieve the milestone after Reliance Industries.

PTI

Updated:May 28, 2018, 3:10 PM IST
facebookTwittergoogleskypewhatsapp
Tata Consultancy Services M-Cap Surges Past Rs 7-Lakh Cr Mark
(Representative image)
Loading...
New Delhi: IT bellwether Tata Consultancy Services' market valuation briefly crossed the Rs 7-lakh crore mark today, making it the first company to achieve this milestone.

The market valuation of TCS jumped to Rs 7,03,309 crore during the intra-day session on the BSE today.

The m-cap was calculated at the stock's 52-week high price of Rs 3,674 hit today on the exchange.
At the close of trade, however, the m-cap of TCS slipped below the Rs 7-lakh crore mark and stood at Rs 6,87,123.96 crore.

TCS shares slipped 0.43 per cent to settle at Rs 3,589.45 apiece on the BSE. During the day, it had gained 1.91 per cent to hit a one-year high of Rs 3,674.

The IT major's shares have surged nearly 33 per cent so far this year.

TCS market valuation had earlier this year went past the Rs 6 lakh crore level, making it the second company to achieve the milestone after Reliance Industries.

The Mumbai-headquartered TCS had last month became the first Indian company to close the trading session with over USD 100 billion market valuation.

TCS is the country's most valued firm, followed by Reliance Industries with a market capitalisation (m-cap) of Rs 5,83,972.22 crore, HDFC Bank (Rs 5,22,420.61 crore), HUL (Rs 3,41,064.80 crore) and ITC (Rs 3,31,895.80 crore) in the top five list.

The nation's largest software exporter TCS on April 19 reported a 4.4 per cent rise in its March quarter net profit at Rs 6,904 crore.
(Get detailed and live results of each and every seat of the state Assemblies in Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you put on the psephologist's hat. Know interesting facts and trivia about the elections. Elections = News18)
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 174.70 -6.38
Indiabulls Hsg 775.70 5.64
Reliance 1,107.05 -0.31
TCS 1,982.60 -1.70
Sun Pharma 422.10 -2.17
Company Price Change %Gain
CPSE ETF 23.06 0.57
Yes Bank 174.70 -6.48
Indiabulls Hsg 774.25 5.53
Larsen 1,425.15 1.77
Jyothy Labs 193.95 0.05
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 775.70 5.64
Bajaj Finserv 6,159.40 2.85
Infosys 697.75 2.84
HPCL 225.15 2.67
Maruti Suzuki 7,670.50 2.66
Company Price Change %Gain
Wipro 338.75 2.64
Infosys 696.50 2.62
Maruti Suzuki 7,663.75 2.36
Kotak Mahindra 1,262.10 2.08
Larsen 1,425.15 1.77
Top Losers
Company Price Change %Gain
Yes Bank 174.70 -6.38
Sun Pharma 422.10 -2.17
UPL 773.45 -2.10
Eicher Motors 23,305.40 -1.76
TCS 1,982.60 -1.70
Company Price Change %Gain
Yes Bank 174.70 -6.48
Sun Pharma 422.15 -2.12
TCS 1,983.65 -1.74
Tata Steel 512.25 -1.57
Coal India 244.80 -0.91

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results