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TCS market cap crosses Rs 7-trillion mark; stock hits new high of Rs 3,674

TCS market-cap hit Rs 7.03-trillion after the stock hit new high of Rs 3,674 on the BSE in intra-day trade.

TCS market cap crosses Rs 7-trillion mark; stock hits new high
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SI Reporter Mumbai
Tata Consultancy Services (TCS) , the country's biggest software services exporter, saw its market capitalisation (market-cap) touch Rs 7.03 trillion, after the stock price of the company hit a new high of Rs 3,674 on the BSE in early morning trade on Friday.

However, at end of the day, TCS market-cap had fallen below Rs 7-trillion mark at Rs 6.87 trillion, as the stock ended 0.43% lower at Rs 3,589.45 against its Thursday's close of Rs 3,605, the BSE data shows.
 
Since April 19, TCS has outperformed the market by surging 16% after the company’s board had recommended bonus