|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1,935.00 - 1,969.15|
|52 Week Range||1,935.00 - 3,254.80|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||14.90|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Tata Consultancy Services Ltd (TCS) on Monday became the first Indian technology company to hit the $100 billion market capitalisation mark, riding on the back of record quarterly profit and a weaker rupee. Energy-to-telecom conglomerate Reliance Industries Ltd, led by India's richest man Mukesh Ambani, is the only other Indian company that had breached the $100 billion mark, way back in 2007.
MUMBAI/BENGALURU (Reuters) - Tata Consultancy Services (TCS) Ltd, India's top IT services firm, said its insurance services business would soon post faster growth thanks to higher client spending but remained cautious on a turnaround in its key banking segment. Western banking, financial services and insurance sector (BFSI) clients make up TCS' biggest revenue stream but their low spending on technology has led to sluggish growth in the segment. BFSI revenue dipped 0.4 percent as the company reported a 3.6 percent fall in net profit to 65.31 billion rupees ($1.03 billion) in the quarter to Dec. 31.