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Tata Consultancy Providers Ltd spurts 0.48%, up for fifth straight session

Tejas Networks bags multi-year contract from Asia Consultancy Group

Tata Consultancy Services Ltd is trading at Rs 3333.15, up 0.48% on the day from 12:49 am on the NSE. The stock is up 89.46% over the past year, compared to a 65.22% gain for NIFTY and a 116.84% gain for Nifty IT.

Tata Consultancy Services Ltd rose today for the fifth consecutive year. The stock trades at Rs 3333.15, up 0.48% on the day from 12:49 am on the NSE. The benchmark NIFTY fell by around 0.09% on the day and is trading at 14859.9. The Sensex is at 49725.58, which is a decrease of 0.04%. Tata Consultancy Services Ltd is up around 8.54% last month.

The Nifty IT index, to which Tata Consultancy Services Ltd belongs, gained around 5.07% last month and is currently trading at 27148.4, which is an increase of 0.66% on the day. The volume of shares today was 18.84 lakh shares compared to the daily average of 35.61 lakh shares last month.

The reference April futures contract for the stock trades at Rs 3341.15, up 0.38% on the day. Tata Consultancy Services Ltd is up 89.46% over the past year, compared with a 65.22% increase for NIFTY and a 116.84% increase for the Nifty IT Index.

The P / E ratio of the share is 38.44, based on the TTM result ending December 20.

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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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