TCS’ $100 billion market value is 25 per cent higher than PSE stocks combined!TCS is the only 64th company in the world with market value of $100 billion or above. FANG stocks, Facebook enjoys a m-cap of $482 billion, Amazon 740.79 billion and Netflix $142 billion and Alphabet (Google) $746.03 billion. IBM's m-cap is at 133 billion.TCS m-cap at Rs 6.7 lakh crore is nearly 27 per cent of total expenditure of Rs 24.42 lakh crore estimated by the government for the ongoing financial year. 'TCS' m-cap is equal to defence budgets of India and Japan combined. At Rs 6.7 lakh crore, TCS alone holds 62 per cent of the group's total market value.The most valued firm in India accounts for 4.43 per cent of BSE's total m-cap, that is Rs 151 lakh crore as of Monday.

Source: Economic Times April 23, 2018 06:18 UTC