TCS may be first $100 billion market cap company

According to the brokerage firms, TCS with $54 bn of market capitalisation is already the world's most valuable IT-services company by a wide margin.
 Analysts at top two global brokerages firms - CLSA and JPMorgan - are of the view that Tata Consultancy Services Ltd(TCS), which has a market cap of over $50 billion, can climb even further and become India's first company to reach US$ 100 billion in market cap in next few years.

So, what will it take for TCS to climb even further and top $100 billion in market cap?

According to the brokerage firms, TCS with US$54 bn of market capitalisation is already the world's most valuable IT-services company by a wide margin. Despite its scale, it is growing faster than all but one other global IT firm.

"More importantly, this growth is at industry-leading margins and everything seems to be going right for TCS at the moment and we believe it has the potential to be India's first company to reach US$100 bn in market cap," CLSA said in a note on Friday.