TCS nears all-time high; stock rallies 11% in four days

The stock moved higher by 3.2% to Rs 3,238, extending its 7.4% rally in past three days, trading close to its all-time high of Rs 3,255, recorded on January 24, 2018 in intra-day deal.

Shares of Tata Consultancy Services (TCS) have moved 3.2% higher to Rs 3,238 per share, extending their 7.4% rally in past three trading days on the BSE. The information technology (IT) giant trading close to its all-time high of Rs 3,255, recorded on January 24, 2018 in intra-day trade.

TCS is scheduled to announce its earnings for the period of January-March 2018 (Q4FY18) and the financial year 2017-2018 (FY18) on Thursday, April 19, 2018.

TCS, in its December quarter (Q3FY18) call, sounded optimistic about 2018, stating that problems that were plaguing a number of its verticals and geographies