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TCS logs in record highs, surpasses Rs 15 lakh crore in market capitalisation

The Nifty IT index gains the most among the sectoral indices, up by 2.23 percent, on a day when the Nifty 50 is up 0.65 percent ....

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TCS market cap: TCS goes from $100 billion to $200 billion in 3.5 years: How this compares to rivals IBM and Accenture

TCS, which is positioning itself as a company that provides end-to-end consulting to implementations to global clients and gain more of their wallet share, is bullish on faster growth as customers across sectors invest in technology to transform their business. ....

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TCS m-cap soars past Rs 12 trn post Q3 nos; analysts see up to 32% upside


Tata Consultancy Services (TCS) became the first Indian information technology (IT) company and overall the second listed company to cross Rs 12 trillion market-capitalisation (market-cap), on Monday, after reporting a healthy set of numbers for the October-December 2020 quarter (Q3FY21). Shares of TCS hit a fresh record high of Rs 3,224; up 3 per cent on the BSE in early morning trade after brokerages maintained ‘buy’ rating on the stock. The company’s Q3FY21 numbers were above analysts estimates on all fronts. The company said it could return to a double-digit growth trajectory next year. On the National Stock Exchange (NSE), the stock hit fresh all-time high of Rs 3,230, up 3.5 per cent. At 09:19 a.m, TCS market-cap stood at Rs 11.90 trillion, after the stock erased partially its early morning gains on the BSE and NSE. The stock was trading 1.7 per cent higher at Rs 3,172, against 0.67 per cent rise in the S&P BSE Sensex, the exchange data shows. In the past one mont ....

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