Shares of Tata Consultancy Services (TCS) today surged over 4 per cent, following which the IT major became the first listed Indian company to hit market capitalisation of over USD 100 billion (Rs 6,80,912.10 crore). Shares of the company today opened at Rs 3,429, rising 4.39 per cent to touch an intra-day high of Rs 3,557 on BSE. pic.twitter.com/MERByKnUcd — TCS (@TCS) April 19, 2018At the end of Friday's trading session the the IT major commanded a m-cap which was Rs 7,917.08 crore, just short of the USD 100 billion milestone at Rs 6,52,082.92 crore. In dollar terms, the company had its highest revenue growth in 14 quarters at 11.7 per cent. "With robust deal wins and green-shoots in banking, financial services and insurance (BFSI) sector, there is definite possibility of double-digit revenue growth.

Source: dna April 23, 2018 05:52 UTC