Categories: Business

Infosys hits $100 billion m-cap, fourth Indian firm to reach milestone

The shares of Information Technology major, Infosys hit a record high during intraday trading, which helped the company cross $100 billion in market capitalisation. Infosys is the fourth Indian company to achieve this milestone. Reliance Industries (m-cap of $140 billion), Tata Consultancy Services (m-cap $115 billion) and HDFC Bank (m-cap $100.1 billion) are the other Indian firms in the club with Infosys.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Infosys has been one of the fastest-growing companies in India, providing business consulting, information technology and outsourcing services. In the quarter ending June 2021, Infosys reported a net consolidated profit of ₹5,195 crores, showing a growth of 2.3 per cent.

Important takeaways for all competitive exams:

  • Infosys Founded: 7 July 1981.
  • Infosys CEO: Salil Parekh.
  • Infosys Headquarters: Bengaluru.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Weekly Current Affairs One Liners 16th to 22nd of February 2026

Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…

11 hours ago

Which District is known as the Medical City of Uttar Pradesh?

Did you know that one district in Uttar Pradesh is famous for its advanced hospitals…

1 day ago

Which was the First Women’s University in India? Where it is Located?

Did you know that there was a time when girls in India were not allowed…

1 day ago

L&T Vyoma to Study 250 MW Green AI Data Centre at Dholera SIR

At India AI Impact Summit 2026, the Gujarat government signed a Memorandum of Understanding (MoU)…

1 day ago

Made in India: Nadda Launches Indigenous Td Vaccine at Kasauli Centre

Union Health Minister Jagat Prakash Nadda launched the indigenously manufactured Tetanus and Adult Diphtheria (Td)…

1 day ago

Which Island is known as the Island of Pepper?

Did you know that one small island became famous across the world because of a…

1 day ago