Tata consultancy services (TCS) created history.

Tata Consultancy Services (TCS) on 23rd July became the first Indian company to exceed Rs 5 lakh crore in market capitalization. The company's share price touched a 52-week high of Rs 2,580.60, taking its market cap to Rs 5.6 lakh crore ($86.5 billion, at 60 a dollar).

                   This is more than the combined market cap of rival information technology companies Infosys (Rs 1, 92,198 crore), Wipro (Rs 1, 40,481 crore) and HCL Technologies (Rs 1,07,878 crore). TCS is also ahead of global competitors like Accenture and is within striking distance of SAP's $100 billion, though it is far behind IBM's $193.70 billion. In a list of the world's most valuable companies, TCS has moved up to 103 from 139 at the beginning of the year. SAP is at 100.