TCS jumps 5% in three days
Shares of the IT major rose 1.29% to Rs 2186.15 on BSE, rising for third straight day.
The stock has surged 5% in three trading days from its previous closing low of Rs 2082.20 on 30 June 2020.
TCS on Tuesday (30 June) said its board will meet on 9 July 2020 to approve the financial results for June quarter. The board will also consider declaration of interim dividend to equity shareholders.
On a consolidated basis, TCS reported 0.85% fall in net profit to Rs 8,049 crore on 0.03% rise in total income to Rs 40,684 crore in Q4 March 2020 over Q3 December 2019. Operating margin for the Q4 stood at 25.1%, and net margin reported was 20.2%.
TCS is an IT services, consulting and business solutions organization.
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First Published: Jul 03 2020 | 1:27 PM IST