News > TCS beats Accenture to become world’s No 1 IT company, albeit briefly

TCS beats Accenture to become world’s No 1 IT company, albeit briefly

DNA India | 09/10/2020 05:29 PM | Click to read full article

The Tata Group flagship surpassed Accenture for the first time in a year and at Thursday's close stood at $144.7 billion compared with Accenture's $143.75 billion.

But TCS failed to hold the top spot as its stock fell as much as 1.5% in Friday's early trade. TCS' earnings rose in the quarter ended September and margins jumped to the highest in two years, indicating initial signs of recovery from the disruptions caused by the pandemic.

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