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Tata Consultancy Providers Ltd stays slippery

Tejas Networks bags multi-year contract from Asia Consultancy Group

Tata Consultancy Services Ltd is trading at Rs 3257, down 0.16% from the 1:19 pm IST day on the NSE. The stock rose 46.78% last year, compared to a 47.9% rally in NIFTY and an 84.53% rise in the Nifty IT index.

Tata Consultancy Services Ltd fell for the fifth year in a row today. The stock is trading at Rs 3257, down 0.16% from the 1:19 pm IST day on the NSE. The NIFTY benchmark is up about 0.1% on the day and is trading at 15834.3. The Sensex is at 52902.48, an increase of 0.08%. Tata Consultancy Services Ltd is up around 1.78% last month. The Nifty IT index, which includes Tata Consultancy Services Ltd, is up around 3.63% last month and is currently trading at 28649.4, down 0.08% on the day. The volume of the stock was 17.35 lakh shares today, compared to the daily average of 20.28 lakh shares last month.

The benchmark July futures contract for the stock trades at Rs 3,254.6, down 0.53% over the day. Tata Consultancy Services Ltd is up 46.78% over the past year, compared to a 47.9% rally for NIFTY and a 84.53% increase for the Nifty IT index.

The P / E ratio of the share is 37.89 based on TTM gains through March 21.

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(This story was not edited by Business Standard staff and is automatically generated from a syndicated feed.)

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