SBI overtakes TCS as fourth largest Indian company after strong Q3 show
Shares of State Bank of India (SBI) surged more than 3 per cent on February 11 as sentiment remained positive after the public lender’s strong Q3 results. The bank has now overtaken IT major TCS to become the fourth-largest Indian company in terms of market capitalisation.
At close, SBI’s market capitalisation stood at ₹10.9 lakh crore, higher than the ₹10.53 lakh crore market cap reported by Tata Consultancy Services (TCS).
