TCS' mcap soars over Rs.13.5 trn

The market capitalisation of Tata Consultancy Services (TCS) on Wednesday breached the Rs13.5 lakh crore mark, the second company after Reliance Industries Ltd (RIL) to achieve the feat. At close of trade, the market valuation of TCS stood at Rs13,53,667.85 crore on BSE. The company had touched the Rs 13 lakh crore valuation level on August 17, when its market capitalisation (mcap) stood at Rs 13,14,051.01 crore. On BSE, the scrip on Wednesday opened at Rs 3,612.8 and zoomed nearly 2.35 per cent to its 52-week high value of Rs 3,697. It finally ended at Rs 3,659.5, up 1.31 per cent over the previous close. It was also the biggest gainer in the Sensex 30 pack on Wednesday. In terms of volume, 70,000 scrips were traded on BSE during the day.