Infosys was once the leading Indian IT company but has trailed Tata Consultancy Services (TCS) for close to a decade in terms of market capitalization. While Infosys' market cap was once 1.5 times that of TCS in 2008, TCS is now the most valued company listed in India with a market cap over $100 billion, which is 2.6 times larger than Infosys' current market capitalization of $41.72 billion.
Infosys was once the leading Indian IT company but has trailed Tata Consultancy Services (TCS) for close to a decade in terms of market capitalization. While Infosys' market cap was once 1.5 times that of TCS in 2008, TCS is now the most valued company listed in India with a market cap over $100 billion, which is 2.6 times larger than Infosys' current market capitalization of $41.72 billion.
Infosys was once the leading Indian IT company but has trailed Tata Consultancy Services (TCS) for close to a decade in terms of market capitalization. While Infosys' market cap was once 1.5 times that of TCS in 2008, TCS is now the most valued company listed in India with a market cap over $100 billion, which is 2.6 times larger than Infosys' current market capitalization of $41.72 billion.
Infosys, the so-called bellwether of the Indian information
technology space at one point, has been trailing the country's largest software services exporter Tata Consultancy Services by quite a distance for close to a decade. In July 2008, Infosys had a market capitalisation of close to one-and-a-half times that of TCS. But now, TCS' market cap has crossed $100 billion, making it the most valued company listed in India. TCS' market cap of $111 billion (Rs 7,58,536.46 crore) is currently 2.6 times that of Infosys' $41.72 billion (Rs 2,85,924.10 crore - $41.72 billion). (1 USD = Rs 68.5275)