{"id":798904,"date":"2021-08-25T12:29:21","date_gmt":"2021-08-25T12:29:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2021\/08\/25\/infosys-becomes-4th-indian-company-to-touch-100-bn-market-cap\/"},"modified":"2021-08-25T12:29:21","modified_gmt":"2021-08-25T12:29:21","slug":"infosys-becomes-4th-indian-company-to-touch-100-bn-market-cap","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2021\/08\/25\/infosys-becomes-4th-indian-company-to-touch-100-bn-market-cap\/","title":{"rendered":"Infosys becomes 4th Indian company to touch $100 bn market cap"},"content":{"rendered":"<p>Infosys Ltd on Tuesday became the fourth Indian company to touch a market valuation of $100 billion. The IT services major has joined the league of TCS, Reliance Industries and HDFC Bank for crossing the $100 billion-mark in terms of market capitalisation (m-cap).<\/p>\n<p>The milestone was achieved during the morning trade when the scrip was trading at its 52-week high value of Rs 1,755.6 on the BSE, which took the m-cap to Rs 74.77 lakh crore or $100.78 billion.<\/p>\n<p>However, during the close of the trading session, it pared the earlier gains and settled 1.06 per cent lower at Rs 1,720.75.<\/p>\n<p>On the National Stock Exchange (NSE), the shares had opened at Rs 1,750 apiece and then jumped to its 52-week high value of Rs 1,757.<\/p>\n<p>It closed the counter at Rs 1,721.5, lower 0.99 per cent as compared with the previous close.<\/p>\n<p>In terms of traded volume, 2.27 lakh shares were traded on the BSE while 76.02 lakh scrips changed hands on the NSE, during the trading session.<\/p>\n<p>According to the latest m-cap data, Reliance Industries is the most-valued firm at Rs 13.7 lakh crore, followed by Tata Consultancy Services (TCS) at Rs 13.44 lakh crore and HDFC Bank at Rs 8.42 lakh crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infosys Ltd on Tuesday became the fourth Indian company to touch a market valuation of $100 billion. The IT services major has joined the league of TCS, Reliance Industries and HDFC Bank for crossing the $100 billion-mark in terms of market capitalisation (m-cap). The milestone was achieved during the morning trade when the scrip was trading at its 52-week high value of Rs 1,755.6 on the BSE, which took the m-cap to Rs 74.77 lakh crore or $100.78 billion. However, during the close of the trading session, it pared the earlier gains and settled 1.06 per cent lower at Rs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-798904","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=798904"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798904\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=798904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=798904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=798904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}