New Delhi: On Tuesday, 17th August 2021, Tata Consultancy Services (TCS) crossed the market valuation of Rs. 13 lakh crore mark and became the second-largest company after Reliance Industries Limited to achieve the feat.
At the close of trade, the market capitalization (mcap) of Tata Consultancy Services was Rs 13,14,051.01 crore on BSE.
The company reached this milestone after shares of the company jumped 2.32 percent to close at Rs 3,552.40 on BSE.
During the day, it gained 2.54 percent to its 52-week high of Rs 3,560.25.
In January this year, The IT major had breached the Rs 12 lakh crore market valuation mark.
TCS is the second most valuable domestic firm in terms of market valuation. Reliance Industries Limited is the country’s most valued firm, with a market valuation of Rs 13,71,823.79 crore.
So far this year, Tata Consultancy Services shares have gained 23.76 percent, followed by Tech Mahindra, Infosys, HCL Technologies Limited, and Wipro.