TCS lost 0.81% to Rs 1,455.95 at 9:17 IST on BSE as the stock turned ex-dividend today, 6 June 2013, for final dividend of Rs 13 per share for the year ended 31 March 2013.
Meanwhile, the S&P BSE Sensex was down 121.43 points or 0.62% at 19,446.79.
On BSE, 1,808 shares were traded in the counter as against average daily volume of 92,763 shares in the past two weeks.
The stock hit a high of Rs 1,475 and a low of Rs 1,452.50 so far during the day.
Before turning ex-dividend, the stock offered a dividend yield of 0.88% based on the closing price of Rs 1467.90 on Wednesday, 5 June 2013.
TCS' consolidated net profit rose 2% to Rs 3615.64 crore on 2% growth in sales to Rs 16430.09 crore in Q4 March 2013 over Q3 December 2012.
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TCS is an IT services, consulting and business solutions organization. It offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.
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