Business Standard

TCS gains 9% in 4 days ahead of Q1 nos on Thursday; stock nears record high

The stock was up 3% at Rs 2,269 and was just 1 per cent or Rs 27 away from its all-time high level of Rs 2,296, touched on September 3, 2019, in intra-day trade.

Tata Consultancy Services (TCS)
Premium

For TCS, analysts build in a 5 per cent QOQ US$ revenue fall with nearly 50bps cross-currency headwinds.

SI Reporter Mumbai
Shares of Tata Consultancy Services (TCS) were trading higher for the fourth straight day, up 3 per cent at Rs 2,269 on the BSE on Monday ahead of its first quarter (April-June) earnings of the financial year 2020-21 (Q1FY21) on Thursday. The stock was trading at its highest level since November 2019 and was just 1 per cent or Rs 27 away from its all-time high level of Rs 2,296, touched on September 3, 2019, in intra-day trade.

In the past four trading days, the IT services major has seen its share price surging 9 per cent after the company on

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in