Friday, 24 March, 2023

TCS 2nd Indian firm to top Rs 11 lakh crore m-cap

<p>TCS became the second Indian firm to hit a market capitalisation of Rs 11 lakh cr on Monday. Its market capitalisation is more than 2X than Infosys as it stock hit an all-time high of Rs 2949.9 on the day. The company was listed on Aug 2004 at a market capitalisation of Rs 47,200 cr took two years to touch the Rs 1 lakh cr mark in Sept &nbsp;2006, 10 yrs to reach Rs 5 lakh cr market-cap in July 2014 and 16 yrs to reach Rs 10 lakh cr on October 5, 2020.</p> <p>&nbsp;</p>