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Gilber

· started a discussion

· 1 Months ago

Mistake i solution (Question:618658.0)

Answer should be 2 &3

Question:

Consider the following and identify the correct statements :

1. India’s IT major TCS became first company in India to close day’s trade with m cap of over $100 billion in June 2018.

2. The buyback size of equity shares was 3.99% of the total paid-up equity share capital.

3. M cap is value of company that is traded on stock market, calculated by  multiplying total number of shares by present share price.

Options:
A)

Only 1 & 2 

B)

Only 2 & 3

C)

Only 1 & 3 

D)

None of the above

E)

All of the above

Solution:

India’s IT major Tata Consultancy Services (TCS) became first listed company in India to close day’s trade with market capitalisation (m cap) of overRs. 7 lakh crore (over $103 billion). M cap is value of company that is traded on stock market, calculated by multiplying total number of shares by present share price. 

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