TCS Overtakes Infosys in Market Capitalisation

Tata Consultancy Services Limited (TCS) has replaced Infosys Technologies as the country's biggest IT firm and second biggest private sector company in terms of the market capitalisation.

TCS, the country's largest software exporter, achieved a market cap of Rs 1.02 lakh crore, surpassing Rs 1.01 lakh crore of its closest rival in the IT space Infosys.

TCS has also replaced Infosys as the country's fourth most valued publicly listed corporate entity after ONGC, Reliance Industries and NTPC. Wipro retained its position as the third largest IT firm with a market cap of Rs 74.5 lakh crore at the end of today's trading session.

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