Friday, 24 March, 2023

TCS eclipses Accenture to become world’s largest IT company by market cap

<p>TCS overtook Accenture to become the world&rsquo;s largest IT firm by market cap and also India&rsquo;s most valuable company, replacing Reliance Industries after 11 months. TCS&rsquo; share price fell 0.40% Rs 3,290 apiece &mdash; on the BSE on Monday, imparting TCS a market cap of $169.2 bn, or Rs 12.34 lakh cr. Accenture, at present, is valued at $168.4 bn, or Rs 12.27 lakh cr, on the NYSE. Reliance&#39;s market cap is currently at $168.5 bn, or Rs 12.29 tri.</p>