 "TCS hits 9-month high; Stock up 15% in May")
Tata Consultancy Services (TCS) moved higher by 2% to Rs 2,612 in intra-day trade, extending its Wednesday’s 1.5% gain on the BSE. The stock is trading at its highest level since August 19, 2016.
Thus far in the month of May, TCS has outperformed the market by surging 15% as compared to 1.9% rise in the S&P BSE Sensex.
TCS had commenced its Rs 16,000-crore mega buyback offer from Thursday, May 18. The buyback programme, which received shareholder approval last month, will close on May 31.
In February, the board of TCS had approved the proposal to
Thus far in the month of May, TCS has outperformed the market by surging 15% as compared to 1.9% rise in the S&P BSE Sensex.
TCS had commenced its Rs 16,000-crore mega buyback offer from Thursday, May 18. The buyback programme, which received shareholder approval last month, will close on May 31.
In February, the board of TCS had approved the proposal to
