 "M-cap of Tata Consultancy Services goes past Rs 14 trillion mark")
The market valuation of Tata Consultancy Services has breached the Rs 14 lakh crore mark, becoming the second company after Reliance Industries Limited to achieve this milestone.
Shares of Tata Consultancy Services (TCS) jumped 2.30 per cent to close at Rs 3,786.55 on the BSE on Tuesday.
During the day, it climbed 2.74 per cent to its 52-week high of Rs 3,802.95.
With the gain in the share price, the market capitalisation (m-cap) of Tata Consultancy Services, the second most valuable firm after Reliance Industries Limited, rose to Rs 14,00,664.30 crore at the close of trade.
The market valuation of Tata Consultancy Services had on August 17 raced past the Rs 13 lakh crore mark.
The IT major had in January this year breached the Rs 12 lakh crore market valuation mark.
Reliance Industries Limited is the country's most valuable firm with a market valuation of Rs 14,32,270.38 crore.
So far this year, Tata Consultancy Services shares have gained nearly 32 per cent.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app