Ideal News Today- TCS Record Market Cap:11 lakh crore mark for the first time, share reached Rs 2,932

• Tata Consultancy Services shares reached one-year high this morning
• The company with the highest market cap is RIL. It is a company of 12.72 lakh crores

Tata Consultancy Services (TCS) has become the second company with market capitalization of Rs 11 lakh crore. However this is the first time it has crossed this level. Its stock reached a one-year high this morning. Its stock touched Rs 2,931 on BSE. This increased its market cap to Rs 11 lakh crore. However, the stock later peaked at Rs 2932.

Reliance first number on

Explain that the company with the highest market cap in the country is Reliance Industries Limited (RIL). Its market cap is Rs 12.72 lakh crore. It is followed by TCS. Talking about the recent 3 months, the market cap difference between RIL and TCS has come down from Rs 6 lakh crore to Rs 1.72 lakh crore now. Tata Consultancy shares are continuously touching new highs while RIL shares are consistently underperforming.

A year ago both were on par

However, till a year ago there was not much difference between TCS and Reliance. But the sale of stake in Jio Telecom in Corona saw a sharp rise in Reliance shares. Due to this, its market capitalization accelerated. HDFC Bank is the third largest private sector bank in the country. Its market capitalization has been Rs 7.78 lakh crore. In the same month, it touched a level of Rs 8 lakh crore.

Infosys is also stock top on

Information and technology company (IT) Infosys shares are trading at Rs 1,239 a share. Its market cap is Rs 5.27 lakh crore. HDFC is at number five. Its market cap is 4.40 lakh crore rupees. The market cap of the Tata Group's total listed companies in the country is at number one. HDFC Group is at number two. Both of them have overtaken Reliance Group in market cap.

28 companies of Tata group listed

The Tata group has a total of 28 listed companies. While HDFC Group has a total of 4 companies listed. Reliance Group has 6 companies listed. TCS in Tata, HDFC Bank in HDFC Group and Reliance Industries in Reliance are the largest companies by market cap. While shares of Reliance have been beaten recently, TCS and HDFC Bank shares are continuously touching new heights. TCS's buyback of 16 thousand crore rupees is also open at this time. This has led to a sharp rise in its shares.

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