TCS becomes second Indian firm to cross Rs 9 lakh crore market valuation mark

Tata Consultancy Services (TCS NSE -0.62 %) on Monday became the second Indian firm to attain a market valuation of over Rs 9 lakh crore after Reliance Industries NSE -0.41 % Limited. The company’s market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price.

The stock of the software services firm gained 2.91 per cent to Rs 2,442.80 — its record high — on the BSE.