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TCS gains 2% to hit 10-week high; stock nears all-time high

The company is scheduled to meet on Monday, April 11, 2022 to consider financial results for the quarter and full year ending March 31, 2022.

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Buyback is a positive sentiment for TCS though, as it shows the company's resilience as other sectors battle the pandemic. | Photo: Shutterstock

SI Reporter Mumbai
Shares of Tata Consultancy Services (TCS) hit an over 10-week high of Rs 3,835.50, up 2 per cent on the BSE in Tuesday’s intra-day trade. The stock quoted higher for the third straight day, gaining 4 per cent during the period. It was trading at its highest level since January 24, 2022 and is just 5 per cent away from a record high level of Rs 4,045.50 touched on January 18, 2022.

On March 31, 2022, the information technology (IT) bellwether announced that the board of directors of the company would meet on Monday, April 11, 2022 to consider financial