TCS, Reliance Industries

TCS becomes second Indian firm with Rs 10 lakh crore market cap after Reliance

Tata Consultancy Services Ltd's (TCS) market capitalization surged past the ₹10 trillion mark for the first time on Monday, becoming the second Indian firm after Reliance Industries Ltd (RIL) to achieve the milestone.

Shares of TCS jumped nearly 6% intraday to hit an all-time high of ₹2,669 apiece on the BSE. Led by this its market capitalisation touched the Rs10.04 trillion mark. The Mukesh Ambani-led firm, however, remains the nation's biggest company with a market capitalization of ₹15 trillion.