Fri. Nov 22nd, 2024
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TCS Share Price

Tata Group: Ratan Tata become rich! 22,450 crore earned in 5 minutes, set a new record

Shares of Tata Consultancy Services, the largest company of the Tata group, have been increasing for the past few days. In the last trading session of the week, the company has earned Rs 22,450 crore in just 5 minutes.

The company’s shares have hit record highs. The company’s shares have gained more than 2 percent since the Budget day and the company has made a profit of over Rs 34,500 crore during this period.

Earned Rs 22,450 crore in 5 minutes

The company’s shares hit record highs in just 5 minutes. Therefore, the valuation of TCS increased tremendously. According to data, the company’s market cap was at Rs 15,64,063.05 crore a day ago.

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The market cap has come to Rs 15,86,513.28 crore after the stock touched a 52-week high today. This means the valuation of the company has increased by Rs 22,450.23 crore.

The company’s shares hit record highs

Shares of Tata Consultancy Services, the country’s largest IT services company, have risen sharply, according to BSE data. The company’s shares hit a record 52-week high just 5 minutes after the market opened.

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As per the information, at 9.20 am, the shares of the company touched a record high of Rs 4,384.95. Compared to Thursday, the company’s shares have increased by 1.44 percent.

Notably, the company’s shares have risen by 2.22 percent since the Budget day. On July 22, the company’s shares were at Rs 4,289.61. Since then, the company’s shares have gained Rs 95.34 and the stock touched a 52-week high.

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