TCS market cap crosses Rs 13.5 trillion; stock up 15% in a month

In the past month, TCS has outperformed the market by surging 15 per cent, as compared to a 6 per cent rise in the S&P BSE Sensex

Shares of Tata Consultancy Services (TCS) hit a new high of Rs 3,694.25, up 2.3 per cent on the BSE in intra-day trade on Wednesday and became the second listed company to cross the Rs 13.5 trillion market capitalisation (market cap). The stock of the information technology (IT) giant surpassed its previous high of Rs 3,672.50 touched on Monday, August 23, 2021.

In the past one month, TCS has outperformed the market by surging 15 per cent, as compared to a 6 per cent rise in the S&P BSE Sensex. The sharp rally in the stock price helped TCS' market