Infosys hits $100 bln in market capitalisation as shares hit fresh record high

0 8
MUMBAI: Shares of Infosys Ltd hit a fresh record high on Tuesday, helping the stock cross $100 billion in market capitalisation - the fourth Indian company to have achieved milestone. Shares hit a new record high of Rs1,755.60 apiece on the BSE, pushing the market cap to Rs7.44 trillion, or $100 billion. At 0925am, the scrip was at Rs1,752.45, up 0.% from its previous close. Reliance Industries Ltd has a mcap of $140 billion, followed by Tata Consultancy Services Ltd at $115 billion, and HDFC Bank at $100.1 billion. Over the past few years, Infosys has among the fastest growing companies in India, having witnessed broad-based traction in cloud, customer experience, cyber security, among others, analysts say. The company has winning market share and investments in customer experience and cyber security have helped it increase the total addressable market and target a bigger chunk of a client's IT budget. The endea
Subscribe or log in to read the rest of this content.
Leave A Reply

Your email address will not be published.

At The Centre of Every Trade
$59.95/month