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Tata Consultancy Services Ltd jumps 1.9%

Capital Market 

Tata Consultancy Services Ltd is quoting at Rs 2113.2, up 1.9% on the day as on 12:54 IST on the NSE. The stock is up 20.27% in last one year as compared to a 12% gain in NIFTY and a 17.4% gain in the Nifty IT index.

Tata Consultancy Services Ltd rose for a third straight session today. The stock is quoting at Rs 2113.2, up 1.9% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.34% on the day, quoting at 11888.45. The Sensex is at 39601.36, down 0.37%. Tata Consultancy Services Ltd has dropped around 6.51% in last one month.

Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has dropped around 4.72% in last one month and is currently quoting at 15762.05, up 0.98% on the day. The volume in the stock stood at 22.03 lakh shares today, compared to the daily average of 25.73 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 2110, up 1.6% on the day. Tata Consultancy Services Ltd is up 20.27% in last one year as compared to a 12% gain in NIFTY and a 17.4% gain in the Nifty IT index.

The PE of the stock is 25.95 based on TTM earnings ending March 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 29 2019. 13:05 IST
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