Tata Consultancy Services (TCS), the world's most
valuable IT services company and the country's biggest software exporter, has
become the first Indian company to hit a market cap of over Rs 4 lakh crore
(around $60 billion at Friday's exchange rate) in the last five-and-a-half years,
thanks to the sharp depreciation of the rupee and revival in the US economy.
CLSA, a leading foreign brokerage, on Friday said
TCS has the potential to climb even further and become India's first company to
reach $100 billion in market cap in the next few years.
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