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Tata Consultancy Services Ltd sees good buying

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Tata Consultancy Services Ltd is quoting at Rs 2028.15, up 1.32% on the day as on 12:54 IST on the NSE. The stock is up 39.41% in last one year as compared to a 14.65% jump in NIFTY and a 24.76% jump in the Nifty IT index.

Tata Consultancy Services Ltd is up for a third straight session today. The stock is quoting at Rs 2028.15, up 1.32% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 11708.3. The Sensex is at 38983.6, up 0.8%. Tata Consultancy Services Ltd has gained around 2.01% in last one month.

 

Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has gained around 1.21% in last one month and is currently quoting at 15628.2, up 1.44% on the day. The volume in the stock stood at 12.21 lakh shares today, compared to the daily average of 27.4 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 2044.8, up 1.5% on the day. Tata Consultancy Services Ltd is up 39.41% in last one year as compared to a 14.65% jump in NIFTY and a 24.76% jump in the Nifty IT index.

The PE of the stock is 25.89 based on TTM earnings ending December 18.

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First Published: Apr 01 2019 | 1:05 PM IST

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