On Thursday’s trade at 9.27 AM (IST), Tata Consultancy Services, the primary IT firm of India, witnessed a fall of 2.8% of its shares. Nearly 604308 shares were exchanged at the counter.
The stock was initiated at Rs. 1709.95 and stirred a high of Rs. 1717.6 and a low of Rs. 1675.05 within a day. The stock also sited a year high of Rs. 2296.2 and a low of Rs. 1560.0.
Tata Consultancy Services (TCS NSE 0.51 %) has seen a surge in demand for its services and expects to recruit 10,000 individuals in the US by 2022.
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1039635.71 Crore) operating in IT Software sector.
For the quarter ended 30-09-2020, the company has reported a Consolidated sales of Rs 40135 Crore, up 4.73 per cent from last quarter Sales of Rs 38322 Crore and up 2.97 per cent from last year same quarter Sales of Rs 38977 Crore. Company has reported net profit after tax of Rs 7504 Crore in latest quarter.