TCS briefly becomes world’s largest IT company; continues to hold top spot in India

The company became the world’s largest IT company for a short time, but it held the position in India.

The market cap value of Infosys was at $78 billion, HCL Technologies at $36 billion, Wipro at $33 billion and Tech Mahindra at $13 billion.

Earlier this month, the market valuation of TCS crossed Rs 12 lakh crore-mark at close of trade, helped by a rally in its share price.

TCS on Monday surpassed Reliance Industries Ltd to become the country’s most valued firm by market capitalisation.

During the afternoon trade, the market valuation of Tata Consultancy Services (TCS) was at Rs 12,45,341.44 crore while that of Reliance Industries Ltd (RIL) was at Rs 12,42,593.78 crore on the BSE.

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