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TCS drops ex-dividend

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Capital Market

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.

 

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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First Published: Jun 06 2013 | 9:15 AM IST

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