Infosys hits $100 billion m-cap, fourth Indian firm to reach milestone

The shares of Information Technology major Infosys hit a record high during intra day trading on Tuesday, which helped the company cross $100 billion in market capitalisation. Infosys is the fourth Indian company to achieve this milestone.

The Sensex too rose above 100 points tracking gains in Infosys, Tata Steel and Reliance Industries amid a positive trend in global equities.

Reliance Industries (m-cap of $140 billion), Tata Consultancy Services (m-cap $115 billion) and HDFC Bank (m-cap $100.1 billion) are the other Indian firms in the club with Infosys.

The shares of Infosys reached ₹1,755.60 apiece on the Bombay Stock Exchange (BSE) on Tuesday morning, which pushed the company’s m-cap to ₹7.44 trillion or $100 billion.