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Tata Consultancy Services (TCS), has become India’s most valued company in terms of market capitalization, as its market capitalization has crossed USD 100 billion or Rs.6,60,000 crore on the BSE in intraday trade.
TCS market capitalization is 52% higher than all the other IT index companies and it has even crossed Accenture’s market capitalization which was at USD 98 billion.
Further, its consolidated profit increased by 5.7% sequentially to Rs.6,904 crore and revenue increased 3.8% to Rs.32,075 crore for the quarter ended March 2018.
