+ Rs10,000 cr market capitalization by TCS,overtakes Accenture
+ Rs10,000 cr market capitalization by TCS,overtakes Accenture
Rs 10,000 cr. market capitalization milestone crossed by TCS.Now it ranks above Accenture Plc. which has a market cap of Rs 9,820 cr. TCS now ranks 97th in world’s 100 most valued organisations.Co.’s shares rose 2.65% on Apr'23 to Rs 3,496.Its dollar revenue increased 3.9% to Rs 497 cr. billion in the quarter.It has raised its target price to Rs 2,950 from Rs 2,550,expects revenue growth to grow from 6.7% in fiscal 2018 to 9.9% in FY 19.
Rs 10,000 crore market capitalization milestone crossed by Tata Consultancy Services Ltd (TCS) . It has overtaken Accenture Plc. which has a market cap of Rs 9,820 crore. TCS now ranks 97th out of world’s 100 most valued organisations. The company’s shares rose 2.65% on Apr'23,2018 to Rs 3,496. The IT giant’s dollar revenue increased 3.9% to Rs 497 crore billion in the quarter. TCS has increased its target price to Rs 2,950 from Rs 2,550 earlier. It expects revenue growth to accelerate from 6.7% in fiscal 2018 to 9.9% in FY 19.
Ref. : https://www.livemint.com/Multimedia/kLJ0QQKGVl3zPxrsuxWFFO/TCS-crosses-Rs10000-crore-market-capitalization-overtakes.html
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