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TCS nears three-year high ahead of December quarter results

The stock was up 3% at Rs 2,785 on BSE in noon deal, trading at its highest level since March 4, 2015

Tata Consultancy Services
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A private security guard stands at the exit gate of the headquarters of Tata Consultancy Services (TCS) in Mumbai | Photo: Reuters

SI Reporter Mumbai
Tata Consultancy Services (TCS) was up 3% at Rs 2,785 on BSE in noon deals, trading nears to its three-years high, ahead of October-December quarter (Q3FY18) earnings on Thursday, January 11, 2018. The company’s board will also consider a third interim dividend.

The stock trading at its highest level since March 4, 2015. It is less than 2% away from its all-time high of Rs 2,834 touched on October 7, 2014 on BSE in intra-day trade.

For Indian information technology (IT) companies, the October-December quarter of 2017-18 is expected to be a muted one, weighing on their overall

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