Tata Consultancy Services (TCS) the IT powerhouse of the Tata Group has strenthen its position as Indias second most valued company. This achievement follows a sharp increase of Rs 46094.44 crore in its market valuation bringing the companys total market cap to Rs 1306599.95 crore by the end of this week. The broader stock market also saw an uptick with the BSE Sensex rising by 1134.48 points (1.55%) and the NSE Nifty climbing 427.8 points (1.93%) between March 3 and March 7. Among the biggest gainers were TCS and Mukesh Ambani-led Reliance Industries which retained its position as India’s most valued firm. After its remarkable growth TCS once again reclaimed the second spot in the rankings of India’s most valued firms. Tata Sons which owns a 71.74% stake in TCS derives close to 80% of its dividend income from the IT giant showsTCSs significance to the Tata Group. Mukesh Ambani Reliance Industries MCAP The collective market valuation of seven out of the top 10 most valued Indian companies increased by Rs 210254.96 crore during the week. Reliance Industries also saw a jump of Rs 66985.25 crore boosting its market cap to Rs 1690328.70 crore. TCS Q3 Performance Under the leadership of K Krithivasan who has been serving as the CEO and MD since June 2023 TCS continues to deliver strong financial results. For the December quarter of FY 2025 TCS reported a 12% year-on-year increase in consolidated net profit reaching Rs 12380 crore compared to Rs 11058 crore in the same quarter last year. Revenue for the quarter stood at Rs 63973 crore reflecting a 5% growth. The company also declared an interim dividend of Rs 10 per share and a special dividend of Rs 66 per share showcasing its commitment to shareholder value.