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Tata Consultancy Services Ltd soars 0.93%, rises for fifth straight session

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Tata Consultancy Services Ltd is quoting at Rs 2009.75, up 0.93% on the day as on 12:49 IST on the NSE. The stock is down 2.16% in last one year as compared to a 22.82% drop in NIFTY and a 11.22% drop in the Nifty IT.

Tata Consultancy Services Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 2009.75, up 0.93% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.2% on the day, quoting at 8996.75. The Sensex is at 30524.37, down 1.32%. Tata Consultancy Services Ltd has risen around 7% in last one month.

Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has risen around 5.09% in last one month and is currently quoting at 13647.9, up 1.08% on the day. The volume in the stock stood at 22.06 lakh shares today, compared to the daily average of 34.02 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 1999, up 0.79% on the day. Tata Consultancy Services Ltd is down 2.16% in last one year as compared to a 22.82% drop in NIFTY and a 11.22% drop in the Nifty IT index.

The PE of the stock is 22.5 based on TTM earnings ending March 20.

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

First Published: Fri, May 22 2020. 13:00 IST
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