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

Recent Posts

IPL 2025 Retentions, Full List Of Players Retained And Released

The road to the 2025 IPL season is heating up as all ten franchises have…

1 hour ago

Practice Questions Capsule for IBPS PO Mains 2024

The IBPS PO Mains 2024 Exam is just around the corner, scheduled for 30th November…

2 hours ago

IBPS PO Mains Banking Awareness Capsule, Download Free PDF

GA Capsule for IBPS PO:  Candidates appearing for the IBPS PO 2024 for the Probationary…

2 hours ago

Today Top 10 Current Affairs 24th November 2024 Questions and Answers

The Daily Current Affairs Quiz which keeps you updated with the current events happening all…

6 hours ago

Which District of Uttar Pradesh is known as the Katehar Region?

In Uttar Pradesh, certain areas are recognized by specific regional names that highlight their historical,…

20 hours ago

Which District of Haryana is Known as Brass City?

Haryana is a state in northern India known for its rich history and industrial growth.…

22 hours ago