After this loss , presently TCS ’s market cap stands at Rs 13,69,717.48 crore. Following the event, the company share price of the company closed at Rs 3,789.90 on 21 febuary. Tata Consultancy Services has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year. Last week, TCS market cap was dropped by Rs 53,185.89 crore -- the biggest loss incurred by any company. TCS market cap stood at Rs 13,69,717.48 crore at the end of the week (Feb 17 to Feb 21). Tata Consultancy Services ( TCS ) has experienced a significant erosion in its market capitalization , amounting to ₹53,185.89 crore. This decline has reduced the company’s valuation to ₹13,69,717.48 crore, positioning it among the top Indian firms facing substantial market cap losses in recent times.
