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TCS Becomes World's Most Valued IT Company, Surpassing Accenture

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News18.com

Last Updated: January 25, 2021, 12:11 IST

Tata Consultancy Services

Tata Consultancy Services

TCS's market capitalisation crossed $169.9 billion inches ahead of rival Accenture.

Indian software services major Tata Consultancy Services (TCS) on Monday again became the most valued company in its sector globally, surpassing Accenture.

TCS’s market capitalisation crossed $169.9 billion inches ahead of rival Accenture.

TCS had also zoomed past Accenture to become the most valuable IT services company in the world in October last year.

Back in 2018, IBM was at the top of the market with 300% more revenue than TCS, followed by Accenture in second place.

However, in April that year, TCS touched the $100 billion valuation mark and overtook Accenture’s market cap.

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first published:January 25, 2021, 12:11 IST
last updated:January 25, 2021, 12:11 IST