Tata Consultancy Services on Monday became the second Indian company to attain a market valuation of ₹9 lakh crore after Reliance Industries Ltd. The stock of the software services firm gained 5 per cent to close at ₹2,492.30 on the BSE.
During the day, it jumped 5.49 per cent to ₹2,504.20 – its record high. On the NSE, it closed 4.84 per cent higher at ₹2,489.20. Helped by the surge in its share price, the company added ₹44,503.84 crore to its market valuation to reach ₹9,35,206.84 crore on the BSE at close of trade.
In volume terms, 1.92 lakh shares were traded on the BSE and over 75 lakh shares on the NSE during the day.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.