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CMC hits new high

The stock opened at Rs 1,992 and touched a high of Rs 2,119

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SI Reporter Mumbai
Last Updated : Jul 08 2014 | 1:23 PM IST
CMC is trading higher by 2% at Rs 2,010 after the Railway Minister Sadananda Gowda said that the government is working on making railways office paperless in five  years.

"We will take eco-tourism to northeastern states. e-Ticketing through mobile phones will be popularised," he said while presenting the Railway Budget earlier in the day. CMC is part of the Tata Group and is a subsidiary of Tata Consultancy Services (TCS).

The stock opened at Rs 1,992 and touched a high of Rs 2,119, also its record high on National Stock Exchange (NSE). A combined around 95,640 shares changed hands on the counter on NSE and BSE.
 

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First Published: Jul 08 2014 | 1:18 PM IST

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