The stock extended further gains and zoomed to a high of Rs 514. The scrip finally settled at Rs 500, up over 15% from the previous close and has soared 25% in a week. The counter witnessed trades of 3.93 million shares as compared to the two-week daily average traded volumes of 464,770 shares on the BSE.
__________________________________________________
(Updated at 1012hrs)
TCS has rallied today after the company recently posted a 19% surge in the net profit.
The stock today opened at Rs 450 and soon zoomed to a high of Rs 493. The scrip is now trading at Rs 482, up 11% from the previous close. The counter has witnessed trades of 246,010 shares on the BSE so far.
The company has posted a 19% surge in the net profit to Rs 1,534 crore on an year on year basis and a 15% advance on a QoQ basis.