TCS declines despite reporting 11% rise in Q3 consolidated net profit

13 Jan 2017

Tata Consultancy Services (TCS) is currently trading at Rs. 2265.50, down by 77.80 points or 3.32% from its previous closing of Rs. 2343.30 on the BSE.

The scrip opened at Rs. 2350.00 and has touched a high and low of Rs. 2368.00 and Rs. 2251.60 respectively. So far 267163 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2740.00 on 16-Aug-2016 and a 52 week low of Rs. 2054.70 on 15-Nov-2016.

Last one week high and low of the scrip stood at Rs. 2368.00 and Rs. 2251.60 respectively. The current market cap of the company is Rs. 445444.79 crore.

The promoters holding in the company stood at 73.33%, while institutions and non-institutions held 22.18% and 4.49% respectively.

TCS has reported 1.55% rise in its net profit at Rs 6084 crore for the quarter under review as compared to Rs 5991 crore for the same quarter in the previous year. Total income of the company increased by 7.80% at Rs 24544 crore for the quarter under review as compared Rs 22768 crore for the corresponding quarter previous year.      

On the consolidated basis, the company has reported 11.25% rise in its net profit at Rs 6814 crore for the quarter ended December 31, 2016 as compared to Rs 6125 crore for the same quarter in the previous year. Total Income of the company increased by 10.17% to Rs 30927 crore for quarter under review from Rs 28071 crore for the quarter ended December 31, 2015.

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2187.55 -8.05 (-0.37%) Nov 15, 15:07
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