TCS advances 1% after Q2 net profit rises

India Infoline News Service | Mumbai | October 14, 2016 11:30 IST

The company reported 4.5% rise in net profit at Rs 6,603 crore for the second quarter ended September 30, 2016 against Rs 6,318 crore for the sequential quarter ended June 30, 2016.

Tata Consultancy Services
Tata Consultancy Services Ltd is currently trading at Rs 2344.7, up by Rs 16.2 or 0.7% from its previous closing of Rs 2328.5 on the BSE. The company reported 4.5% rise in net profit at Rs 6,603 crore for the second quarter ended September 30, 2016 against Rs 6,318 crore for the sequential quarter ended June 30, 2016.

The company has declared a Second Interim Dividend of Rs. 6.50 per Equity Share of Re. 1 each of the company.

The scrip opened at Rs 2322 and has touched a high and low of Rs 2384.4 and Rs 2298.85 respectively. So far 2769088 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 458814.15 crore.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 2740 on 16-Aug-2016 and a 52 week low of Rs 2119 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs 2388 and Rs 2323.25 respectively.

The promoters holding in the company stood at 73.34 % while Institutions and Non-Institutions held 22.15 % and 4.51 % respectively.

The stock is currently trading below its 100 DMA.

***Note: This is a NSE Chart

 

Advertisements

  • Get your free IIFL Demat & Trading A/c now...Click here
  • Get IIFL express personal loan disbursal in just 8* hours...Know More
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.