Infosys becomes 5th Indian company to hit Rs 5 lakh cr in market cap

Infosys becomes 5th Indian company to hit Rs 5 lakh cr in market cap
Published Date : 15-Oct-2020 11:32:18 IST
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Infosys on Thursday became the fifth Indian company to hit ₹5 lakh crore in market capitalisation, with the stock having rallied over 50% so far this year. It is the second IT firm in the country after Tata Consultancy Services to achieve this milestone. Infosys raised its annual revenue growth forecast on Wednesday as it posted a better-than-expected quarterly profit.

Infosys becomes 5th Indian company to hit Rs 5 lakh cr in market cap Published Date : 15-Oct-2020 11:32:18 IST 5,161