Thursday, March 16, 2023
Taking Stock: TCS under Gopinathan sees 18% CAGR in 6 years
Taking Stock: TCS under Gopinathan sees 18% CAGR in 6 years https://ifttt.com/images/no_image_card.pngThe company’s market cap rose to around Rs 11.7 lakh crore from Rs 4.5 lakh crore, a CAGR of nearly 18%. The stock gained nearly three times during Gopinathan’s tenure, beating the benchmark Sensex which grew over two times. On Thursday, TCS announced that Gopinathan had resigned from his post to pursue “other interests”. He will be replaced by K Krithivasan.
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