Categories: Business

TCS Races Market Valuation Passes Rs 13 Lakh Crore Mark

NEW DELHI: Tata Consultation Services Market Assessment (TCS) on Tuesday racing through the crore sign RS 13 Lakh, became the second company after reliance Industries was limited to achieving this achievement.
At the close of trade, market capitalization (MCAP) Tata Consultation Services is Rs 13,14,051.01 Crore in BSE.
The company reached this historical milestone after the company’s shares jumped 2.32 percent to close at Rs 3,552.40 at BSE.
During the day, it rose 2.54 percent to 52 weeks by RS 3,560.25.
Major IT in January this year violated the crore market assessment sign RS 12 Lakh.
TCS is the second most valuable domestic company in terms of market assessment.
Reliance Industries Limited is the most valuable company in the country, with RS market assessment 13.71,823.79 crore.
“Visibility of sustainable income recovery in IT stocks in the background of a strong agreement won and encouraged the guidelines distributed by management at 1Q FY22 to make investors to hold their stock,” said the head strategy on reliance securities, said.
Buying also seen in other IT stocks, with Tech Mahindra, Infosys, HCL Technologies Limited and Wipro closed the day with a rise.
So far this year, Tata Consultation Services shares have risen 23.76 percent.

news2in

Share
Published by
news2in

Recent Posts

44 ordered to attack the procession

Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…

3 years ago

Punjab: Police Reject conspiracy theory in the case of Deep Sidhu

Sonīpat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…

3 years ago

Punjab: Hidden Strength Working Behind PM Narendra Modi, Arvind Kejriwal, said Rahul Gandhi

PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…

3 years ago

BJP made AAP to endanger the Congress, said Ajay

Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…

3 years ago

Our job is to make Punjab No. 1 State: Meenakshi Lekhi

Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…

3 years ago

Feb 20 is an opportunity to change the destiny of Punjab and his children: Bhagwant Mann

Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…

3 years ago