Shares of IT companies were trading higher, surging up to 6 percent on the BSE, ahead of sector giant Tata Consultancy Services' (TCS'), October-December 2020 quarter (Q3FY21) result, scheduled to be announced after market hours today (8th January 2021).
Amid the rally, With a market cap of Rs 1.02 trillion at 02:15 pm, Tech Mahindra became the fifth IT company that joined Rs 1-trillion m-cap club. Overall, the company stood at 30th position in them-cap ranking, BSE data shows. Currently, among IT companies, TCS is numero uno with Rs 11.66 trillion market cap, followed by Infosys (Rs 5.53 trillion), HCL Technologies (Rs 2.69 trillion), and Wipro (Rs 2.44 trillion), data shows.
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