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Ratan Tata's favorite company made a record, earning 60 thousand crores in 35 minutes

Shares of Ratan Tata's company hit record highs during the trading session on Tuesday. Shares of the company rose 4.10 percent to touch a record high of Rs 4135.90 in the 35-minute trading session at 9.50 am, according to BSE data. However, this company is also considered as Tata's favorite company.
3 Month ago

Shares of TCS, one of Ratan Tata's favorite companies and the country's largest IT services company, hit a record high today. Earned about 60 thousand crore rupees in just 35 minutes. Due to which the market cap of the company has crossed 15 lakh crore rupees. This is the first time that a company is valued at Rs. 15 lakh crore has crossed.

The company has a deal with a travel insurance company called Europe Assistance. Due to which the company's shares are increasing. Shares of the company have seen an increase of more than 35 percent in about 10 months. Let us also tell you what kind of rally TCS shares are witnessing.

The company's shares hit record highs

Shares of the country's largest IT company Tata Consultancy Services (TCS) touched a record high during the trading session on Tuesday. Shares of the company rose 4.10 percent to touch a record high of Rs 4135.90 in the 35-minute trading session at 9.50 am, according to BSE data.

The special thing is that the company's share has crossed 4000 rupees after almost a year. If we talk about the current time, the company's shares are seeing an increase of 3.83 percent i.e. 152 rupees and the company's shares are trading at 4125 rupees. The shares of the company have opened at 4 thousand rupees. A day earlier, the shares of the company had closed at Rs 3972.75 with a marginal increase.

Earned 60 thousand crores in 35 minutes

Due to this increase, the valuation of the company has increased by about 60 thousand crore rupees. When the company's stock hit a 52-week high, the company's market cap was Rs. 5.13 lakh crore was crossed. While a day ago the market cap of the company was Rs 14,53,649.63 crore. It means that the company has made a profit of 60 thousand crore rupees in about 35 minutes. Currently, the market cap of the company has reached Rs 15,09,322.10 crore.

15 lakh crore figure was touched for the first time

The special thing is that the market cap of the company has crossed 15 lakh crore rupees for the first time. This is the second company in the country whose market cap has reached this level. Earlier, Reliance Industries was the first company to achieve this feat.

However, several Tata Group companies have been creating records for some time now. In which the names of shares of Titan and Tata Motors can be taken mainly. Both the companies have made huge profits for the investors. TCS shares may see further gains in the coming days.

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