TCS, the country's largest software exporter, today rose by over 2% in the early trade on bourses on expectations of robust fourth quarter earnings, to be announced later in the day.
The scrip of the IT major climbed 2.22% in value at Rs 1,245.90 apiece on Bombay Stock Exchange (BSE).
On the National Stock Exchange, the stock gained 2.22% at Rs 1,245.80 apiece.
TCS, which is almost twice the size of IT stalwart Infosys, also topped in total trade volume at bourses, with over a million shares traded in the morning.
Experts attributed the rise to markets expecting better quarterly earnings from TCS, in keeping with better-than-expected performance by HCL Technologies, even as Infosys results failed to enthuse the investors.
HCL had yesterday posted 33% rise in its net profit at Rs 468.2 crore for the January-March quarter.
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