Guess what! TCS alone is bigger than total m-cap of all listed stocks in Pakistan Read more at: //

[SunilM]

Guess what! TCS alone is bigger than total m-cap of all listed stocks in Pakistan

NEW DELHI: India has just got its first company with $100 billion market-capitalisation as, , the crown jewel of Tata Group, zoomed past the magic number in morning trade on Monday.

The latest spike in TCS shares has been driven by its March quarter earnings, in which the company reported a 5.71 per cent sequential growth in consolidated net profit at Rs 6,904 crore.

The figure equals the GDP of as many as 128 countries the world over, is bigger than the total market capitalisation of all the stocks listed on Pakistan Stock Exchange and almost one-third of India’s total Budget expenditure for FY19.

The following can give you a good perspective of what TCS has just achieved.

GDP of 128 countries
The 100-billion mark is special given there are 128 countries in the world, whose GDP as of 2017 estimates is less than $100 billion. The list includes countries such as Sri Lanka, Ecuador, Slovakia, Kenya, Luxembourg, Costa Rica, Bulgaria, Belarus and Jordan among others. There are just 64-65 countries as per various estimates with over $100 billion GDP.

Bigger than Pakistan Stock exchange
Yes, at dollar-Pakistani rupee exchange rate of 116.04 , the 559 stocks listed on Pakistan Stock Exchange amounted to $80 billion (or 9,32,5,89 crore Pakistani rupee) as of April 19. TCS’ $100 billion market value is 25 per cent higher than PSE stocks combined!

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https://economictimes.indiatimes.co...d-stocks-in-pakistan/articleshow/63877096.cms

 

[Rafael]

Could not stop themselves to bring Pakistan into it.

Good for you. Leave us out. You ever obsessed neighbor of ours!

 

[enquencher]

@SunilM ur post are good n informative.
But i will request you to plz refrain from such post which are flaim baits. End is mudslinging.
You know one stupid poster will come with indian economy n comparision of samsung revenues.
So plz only informative post only.

 

[newb3e]

Could not stop themselves to bring Pakistan into it.

Good for you. Leave us out. You ever obsessed neighbor of ours!

haha seriously they needed to compare to Pakistan to make them feel good!! fking ugly aryans

 

[oOo]

@SunilM ur post are good n informative.
But i will request you to plz refrain from such post which are flaim baits. End is mudslinging.
You know one stupid poster will come with indian economy n comparision of samsung revenues.
So plz only informative post only.

As if mudslinging is not a norm on PDF otherwise.

 

[GodToons]

Flame bait.. Please stop this di*k measuring stuff..

 

[enquencher]

As if mudslinging is not a norm on PDF otherwise.

It is...but some posters are really superb on both sides of border..

 

[Reichsmarschall]

I heard UP alone has more people than Pakistan too

 

[SunilM]

@SunilM ur post are good n informative.
But i will request you to plz refrain from such post which are flaim baits. End is mudslinging.
You know one stupid poster will come with indian economy n comparision of samsung revenues.
So plz only informative post only.

First of all, thank you for appreciating the content of the posts. Secondly, even I hate the Ind Vs Pak comparisons. especially when there is none. Trust me, with or without such posts, the " indian economy vs comparison to samsung revenue" will happen. Also once in a while such quirky news is a fun read, was never meant to be flame bait. There is way better stuff than this if I wanted to indulge in trolling/flame baiting.

 

[Windjammer]

The OP is playing the role of a desperate Munshi Munim Ji, even if the Pakistani Rupee devalues by pennies, he is quick to open a thread but never can stop boasting even if India manages to put a nut on a bolt, i guess PDF gives you the voice, where else would you box above your weight.

 

[Areesh]

I heard UP alone has more people than Pakistan too

True

The filth there is also more than whole of Pakistan.

 

[SunilM]

even if the Pakistani Rupee devalues by pennies,

You raise an interesting point. Normally devaluation in supposed to be done pennies at a time, so as to give time to the system to adjust. Unfortunately for Pakistan, recently its done at Rupees a time which IMHO is not the way to do it. Also do you know dollar is really not available in open market such is the shortage!

 

[Windjammer]

. Also do you know dollar is really not available in open market such is the shortage!

Neither are there Rupees in Indian ATMs but that doesn't really interest you.

 

[El Sidd]

koi nichli or ghatiya soch kay log hain Enndians.....

 

[SunilM]

FYI,

"As of now, Tata Consultancy Services Ltd and Reliance Industries Ltd are the only two Indian companies which are bigger than the 577 companies on Pakistan Stock Exchange in terms of market capitalisation. India’s largest private sector lender HDFC Bank is a couple of billion dollars behind Pakistan Stock Exchange. At current market prices, HDFC Bank commands a market capitalisation of $78 billion (at Monday’s high price of Rs 1,984).'

https://www.financialexpress.com/ma...companies-on-pakistan-stock-exchange/1142263/

Its just two companies, thats all!