Highlight
- According to a new report, TCS is the most valuable Indian brand in 2022
- Market valuation of TCS rises by Rs 32,071.59 crore to Rs 11,77,226.60 crore
- Reliance remains the most valuable firm in terms of market capitalization, followed by TCS
According to Kantar BrandZ India Ranking, Tata Consultancy Services (TCS), a leading provider of IT services in India, is the most valuable Indian brand in 2022. TCS brand was ranked first in Kantar BrandZ Top 75 Most Valuable Indian Brands 2022. The survey, which was recently published by Kantar, the world’s largest provider of marketing data and analytics. The new report values the top IT services provider brand at $45,519 million, placing the software giant at the top.
The combined market valuation of seven of the top 10 most-valued companies climbed Rs 1,33,746.87 crore last week, led by Tata Consultancy Services (TCS), Reliance Industries and Infosys, amid a firm trend in stocks. The BSE benchmark had gained 989.81 points or 1.68 per cent last week.
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Backwards, Hindustan Unilever’s mcap declined by Rs 3,618.37 crore to Rs 6,08,074.22 crore. HDFC’s valuation fell by Rs 2,551.25 crore to Rs 4,41,501.59 crore and that of Bajaj Finance declined by Rs 432.88 crore to Rs 4,34,913.12 crore.
Reliance Industries remained the most valuable firm in the ranking of top 10 firms by market capitalization, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, Adani Transmission and Bajaj Finance.
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