Tata group's IT firm TCS on Monday attained a market valuation of Rs 4 lakh crore - becoming the second company in Indian markets after Reliance Industries to cross this milestone. At present, TCS is the only company with a market value of over Rs 4 lakh crore as Reliance Industries had slipped below this below level.
At the end of Monday's trade, the market capitalisation of Tata Consultancy Services (TCS) surged to Rs 4,00,868.22 crore, the highest for the company since its listing in 2004.
TCS is already the country's most valued company, a position once held by Mukesh Ambani-led RIL, which also had seen its market cap cross the Rs 4 trillion mark in October 2007.
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