Sunday, January 23, 2011

TCS now second in terms of market-cap

TCS now second in terms of market-cap: "Driven by smart December quarter earnings, IT major Tata Consultancy Services has become the country's second largest firm in terms of market valuation, lagging behind corporate leader Reliance Industries.
TCS, which was the top gainer among the country's 10 most valuable companies in the last week, saw its valuation surging by Rs 18,378.11 crore to Rs 2,37,330 crore in the week.

State-run ONGC slipped to the third position after its valuation dipped by Rs 15,763.47 crore -- the most among top 10 companies -- to Rs 2,36,355.83 crore during the week."

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