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Tata Consultancy Companies Ltd Falls 5.85%, S&P BSE IT Sector index Drops 2.88%

Tejas Networks bags multi-year contract from Asia Consultancy Group

Tata Consultancy Services Ltd is down 2.29% last month, compared with a 1.18% increase in the S&P BSE IT Sector Index and a 3.08% increase in SENSEX

Tata Consultancy Services Ltd is down 5.85% today and was trading at Rs 3705.1. The S&P BSE IT Sector Index is down 2.88% and is now trading at 34724.34. The index is up 1.18% from last month. Among the other constituents of the index, Mphasis Ltd lost 5.08% and Mindtree Ltd lost 3.88% that day. The S&P BSE IT Sector Index is up 57.78% over the past year, compared to the 48.37% increase in the SENSEX benchmark.

Tata Consultancy Services Ltd is down 2.29% last month, compared with a 1.18% increase in the S&P BSE IT Sector Index and a 3.08% increase in SENSEX. So far, 9.73 lakh shares have been traded on the counter at BSE, compared to an average daily volume of 1.22 lakh shares last month. The stock hit a record high of Rs 3990 on October 8, 2021. The stock hit a 52-week low of Rs 2350.05 on September 25, 2020.

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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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