SBI Surpasses TCS to Rank Fourth Most Valuable Company Amid Q3 Record Profit

On February 11, 2026, India’s State Bank of India (SBI) surpassed Tata Consultancy Services (TCS) in market value, moving to the fourth position, following a record third-quarter profit. SBI reported net profit of ₹13,740 crore (about $1.75 billion) in Q3FY26, up 21.3% year-on-year, driven by higher interest income and cost optimization. The stock closed at ₹1,695.35, up 2.4%, on the day of the report, reflecting strong investor confidence. This marks SBI’s first time surpassing TCS in market cap since the two majors entered the top four in 2019.