Market Capitalisation
TCS: 2nd Indian company to cross m-cap of Rs 13 lakh crore
TCS company has become the second Indian company to cross the market value of Rs 13 lakh crore on August 17, 2021. Key Points This mark was achieved by the company after seventeen years it sold its stock for the ..
Month: Current Affairs - August, 2021
India raises its share in world market capitalisation
As per Bloomberg data, India accounted for 2.60% of world market capitalisation in June 2021. Highlights India raised its share in world market capitalisation as compared with long-term average of 2.45%. In May 2020, India’s share had dropped to 2.05% ..
Month: Current Affairs - July, 2021
India leads m-cap gains in world’s top 10 nations
Indian stocks have gained the most across the world’s top 10 nations by market value in the fiscal year 2021-2022. This has underscored the strength of rally which was not affected by the covid-induced economic uncertainties. Highlights The data from ..
Month: Current Affairs - March, 2021
RIL becomes first Indian company to hit Rs. 9 lakh crore m-cap
Mukesh Ambani-led Oil-to-telecom major Reliance Industries (RIL) has become the first company in India to hit the market capitalisation (m-cap) of Rs.9 lakh crore. RIL was also the first company to reach Rs.8 lakh crore mark in August 2018. IT ..
Month: Current Affairs - October, 2019
Reliance Industries become first Indian company to cross Rs. 8 trillion market cap
Mukesh Ambani-led oil-to-telecom behemoth Reliance Industries Ltd (RIL) became first Indian company to cross Rs 8 lakh crore ($114 billion) market capitalisation. This record m-cap of RIL also bumped up Mukesh Ambani’s (India’s richest man) wealth to over $48 billion ..
Month: Current Affairs - August, 2018
TCS becomes first Company to close over Rs. 7 Trillion Market Cap
India’s IT major Tata Consultancy Services (TCS) became first listed company in India to close day’s trade with market capitalisation (m cap) of over Rs. 7 lakh crore (over $103 billion). M cap is value of company that is traded ..
Month: Current Affairs - June, 2018
TCS becomes first company to achieve 7 lakh crore market capitalisation milestone
Tata Consultancy Services (TCS), the country’s most valued and largest IT outsourcing company created history by becoming the first Indian company to reach Rs. 7 lakh crore market capitalisation (m-cap) milestone. M-cap is value of company that is traded on ..
Month: Current Affairs - May, 2018
TCS becomes India’s first $100 billion IT company
Tata Consultancy Services (TCS), the country’s largest IT outsourcing company created history by becoming the first Indian company to reach $100 billion market capitalisation (m-cap) milestone. Market capitalisation is value of company that is traded on stock market, calculated by ..