TCS becomes most-valuable IT services company surpassing Accenture

Tata Consultancy Services (TCS) on Thursday became the most-valuable IT services company globally as it surpassed rival Accenture in terms of market capitalization. TCS valued at Rs 10.6T whereas Accenture valued at Rs 10.52 T followed by IBM at Rs 8.67T. Analysts said that the key aspect that improved TCS’ performance compared to the last quarter was a sharp bounce back in key growth verticals like BFSI, Retail & CPG and Lifesciences.

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