Tata Consultancy Services (TCS) becomes the most valuable Company of India
Tata Consultancy Services Ltd becomes the most valued company of India. The market value of TCS shares is more than aggregate value of Wipro, Infosys, HCL and Tech Mahindra. The valuation of TCS stand at more than Five Lakh crore rupees (5,00,000 crore).
Tata Consultancy Services Ltd (TCS) was started in the year 1968. Company got major business deals at the time of Y2K fars. Company developed a successful software to automate the conversion process from Y2K.
TCS employees around 3 Lakh employees and is worlds second largest tech employer. TCS is biggest Indian tech company and revenue are higher compared to its competitor. TCS has offices in Bangalore, Hydrabad and in many other foreign countries.
TCS debuted on Indian stock markets in 2004. TCS share has given multiple returns since its listing.
TCS has given a great return of more than 60% in a year itself. The share price of TCS is more than 10 times since its listing. TCS is the flagship company of Indian stock market. TCS has never disappointed its investors.
TCS at any time is a great company to invest. Its estimated that share price of TCS will futher move upword. TCS has a great portfolio compared to its peers. TCS is not only in outsourcing but also has its own products for accounting, digital signatures etc.
TCS have stable clients and revenue does not flactuate much like Infosys. Investors are more confident in investing in TCS than Infosys or other tech companies.
TCS always moved with time and along with outsourcing services company has developed many products.