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

Asian Games 2026 Day 2: India’s Medal Winners and Tally Tracker

India maintained its momentum at the Asian Games 2026 in Aichi-Nagoya, Japan, on Day 2…

13 hours ago

Savita Punia Becomes India’s Most-Capped Women’s Hockey Player

Goalkeeper Savita Punia of India has broken Vandana Katariya's record to become the most capped…

14 hours ago

Gwalior to Get Asia’s First Telecom Manufacturing Zone

Gwalior is set to emerge as a significant telecom manufacturing center with the upcoming development…

14 hours ago

Amit Shah to Inaugurate National ANTF Conference in Delhi

Minister of Home Affairs and Minister of Cooperation Amit Shah is all set to inaugurate…

15 hours ago

Chandni Chowk Town Hall to Become Global Heritage Centre

Chandni Chowk’s historic Town Hall complex is gearing up for a new beginning as the…

16 hours ago

Smriti Mandhana Becomes Highest Women’s T20I Run-Scorer: Full List

Smriti Mandhana scripted another history in the international cricket again as she became the leading…

16 hours ago