M-cap rises past Rs 12 lakh cr mark

New Delhi: Shares of Tata Consultancy Services on Monday closed with nearly 2 per cent gain after the company reported a 7.2 per cent jump in December quarter net on a consolidated basis.

The stock closed at Rs 3,175.05, a gain of 1.75 per cent after rising 3.32 per cent to Rs 3,224 - its fresh record high -- on the BSE during the day.

On the NSE, it gained 3.49 per cent to Rs 3,230 -- its all-time high - during the day and later closed at Rs 3,170.45, up 1.59 per cent. The company's market valuation rose to Rs 12,09,768 crore during morning trade on the BSE. At close of trade, its market valuation was at Rs 11,91,400.91 crore.