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Tata Consultancy Services Ltd gains for fifth session

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Capital Market

Tata Consultancy Services Ltd is quoting at Rs 1835.8, up 0.62% on the day as on 12:49 IST on the NSE. The stock is down 9.64% in last one year as compared to a 28.02% fall in NIFTY and a 21.03% fall in the Nifty IT.

Tata Consultancy Services Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1835.8, up 0.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 3.01% on the day, quoting at 8399.8. The Sensex is at 28946.21, down 2.92%. Tata Consultancy Services Ltd has dropped around 8.27% in last one month.

 

Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has dropped around 18.91% in last one month and is currently quoting at 12569.1, down 0.47% on the day. The volume in the stock stood at 30.4 lakh shares today, compared to the daily average of 54.32 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1854.1, up 0.99% on the day. Tata Consultancy Services Ltd is down 9.64% in last one year as compared to a 28.02% fall in NIFTY and a 21.03% fall in the Nifty IT index.

The PE of the stock is 20.77 based on TTM earnings ending December 19.

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First Published: Mar 30 2020 | 1:01 PM IST

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