Tech Mahindra’s market capitalisation on Friday past the ₹1-lakh crore mark after its stock price closed with a green mark on BSE.
The company is the fifth information technology (IT) firm to enter the₹1-lakh crore market capitalisation club.
Tata Consultancy Services (TCS), Infosys, HCL Technologies Ltd and Wipro are the other IT firms who have already crossed the market valuation of more than Rs 1 lakh crore.
The market valuation of Infosys was at Rs 5,58,772.73 crore, HCL Technologies Ltd Rs 2,69,860.43 crore and Wipro Rs 2,45,845.27 crore.
Market Capital
The company’s market valuation was at ₹1,01,671.34 crore on the BSE on Friday.
It is at the 33rd position in the ranking of top-100 companies by market capitalisation on the BSE.
Stock Market
Shares of the company gained 5.64 per cent to close at ₹1,050.95 on the BSE.
During the day, it jumped 6.54 per cent to ₹1,059.95 — its record high.
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