TCS drops ahead of Q2 result

TCS lost 2.55% to Rs 1,991 at 11:35 IST on BSE ahead of its Q2 September 2018 result today, 11 October 2018.

Meanwhile, the S&P BSE Sensex was down 816.45 points, or 2.35% to 33,944.44

On the BSE, 1.61 lakh shares were traded in the counter so far compared with average daily volumes of 3.78 lakh shares in the past two weeks. The stock had hit a high of Rs 2,002.95 and a low of Rs 1,943.05 so far during the day.

TCS' consolidated net profit rose 6.31% to Rs 7362 crore on 6.82% increase in net sales to Rs 34261 crore in Q1 June 2018 over Q4 March 2018.

 

TCS is an IT services, consulting and business solutions organization.

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