Tata Consultancy Services is the first Indian company to be valued at $100 billion in the last 10 years. TCS' market capitalisation is more than that of Accenture, a company with almost two times its revenue,
Times of India reports.
Economic Times writes that the IT services giant is valued higher than the 559 stocks listed on the Pakistan Stock Exchange. TCS shares rose by
more than 25% since January and investors were buoyed by its better-than-expected
revenue of nearly $5 billion in Q3.
