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The market capitalisation (m-cap) of TCS on Thursday topped the Rs 12-trillion-mark for the first time. Shares of the Tata group flagship closed at a record high of Rs 3,250.15, up 2.9 per cent, valuing the company at Rs 12.02 trillion. TCS is India’s second-most valuable firm after Reliance Industries (RIL), which has an m-cap of nearly Rs 12.9 trillion (including m-cap of partly-paid up shares). The IT services firm staged a solid comeback in Q2, and growth momentum continued in Q3 as the firm beat Street estimates on all key parameters such as revenue, margin and profits. Investo...

URL copied TCS shares gain over 3 pc Shares of Tata Consultancy Services on Monday gained over 3 per cent after the company reported a 7.2 per cent jump in December quarter net on a consolidated basis. The stock jumped 3.32 per cent to Rs 3,224 -- its fresh record high -- on the BSE. On the NSE, it gained 3.49 per cent to Rs 3,230 -- its all-time high. The company's market valuation rose to Rs 12,09,768 crore during morning trade on the BSE. The country's largest software services firm on Friday reported a 7.2 per cent rise in consolidated net profit to Rs 8,701 crore for the Decemb...

India delivered the third-highest return among key global markets in local currency terms, with returns of 9 per cent. In US dollar terms, India’s performance was more subdued with returns of 3 per cent compared with 12 per cent for the S&P 500, 8 per cent for Japan, and 5 per cent for Taiwan, a report from Motilal Oswal Financial Services observed. Indian markets, however, outperformed the MSCI EM (1 per cent) and beat other emerging markets such as China, Russia, and Brazil, which gave negative returns. India has maintained its market capitalisation ranking at number 8 with an m-cap of ...

Seven out of 10 firms add Rs 75,845 crore in m-cap; HDFC biggest gainer Apart from HDFC duo, Tata Consultancy Services, Infosys, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance were other gainers; RIL, Hindustan Unilever and Bharti Airtel saw erosion in their market valuation PTI | January 4, 2021 | Updated 01:03 IST Seven of the top-10 most valued domestic firms together added Rs 75,845.46 crore in market valuation in the past week, with HDFC twins emerging as the biggest gainers. Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank and Bajaj Fin...