One of the largest global IT services and consulting firms in india is tcs, founded by Ratan Tata. It keeps extending its services all around the globe. But with a sluggish trend in stocks, the IT behemoth witnessed a significant decline in its market capitalization last week. Within the top 10 most valuable corporations in india, it was one of the largest laggards. Tata Consultancy services (TCS) saw the biggest decline in valuation among the top 10 companies, falling from Rs 37,971.83 crore to Rs 15,49,626.88 crore.
On Monday, July 29, TCS's share price was Rs 4406; however, on august 2, the fifth day, it dropped to Rs 4283 on the NSE. The IT corporation did, however, succeed in attaining second place in the list of the most valuable companies. Additionally, the combined market valuation of eight of the top ten most valuable companies dropped by Rs 1,28,913.5 crore last week, with IT giants tcs and Infosys emerging as the largest laggards. Infosys had a sharp decline in its market capitalization (mcap), from Rs 23,811.88 crore to Rs 7,56,250.47 crore.
Mukesh Ambani's reliance Industries continued to hold the top spot on the list of the most valuable companies, with tcs, hdfc bank, Bharti Airtel, ICICI bank, bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>state bank of india, Infosys, LIC, Hindustan Unilever, and ITC following in order of precedence.
On Monday, July 29, TCS's share price was Rs 4406; however, on august 2, the fifth day, it dropped to Rs 4283 on the NSE. The IT corporation did, however, succeed in attaining second place in the list of the most valuable companies. Additionally, the combined market valuation of eight of the top ten most valuable companies dropped by Rs 1,28,913.5 crore last week, with IT giants tcs and Infosys emerging as the largest laggards. Infosys had a sharp decline in its market capitalization (mcap), from Rs 23,811.88 crore to Rs 7,56,250.47 crore.
Mukesh Ambani's reliance Industries continued to hold the top spot on the list of the most valuable companies, with tcs, hdfc bank, Bharti Airtel, ICICI bank, bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>state bank of india, Infosys, LIC, Hindustan Unilever, and ITC following in order of precedence.
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