Trending stocks: TCS share price rises 1% in early session

NEW DELHI: Shares of Tata Consultancy Services traded 0.83 per cent up in Monday 's trade at 10:11AM (IST).

Around 30310 shares changed hands on the counter. The stock opened at Rs 1827.0 and touched an intraday high and low of Rs 1829.0 and Rs 1803.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 2296.2 and a 52-week low of Rs 1560.0 .


India’s top IT services providersaid disruption in its business will peak in the quarter to June following the Covid-19 virus outbreak that has roiled companies worldwide, with several key IT clients, especially in the travel and hospitality sectors, severely impacted over the last two months.

Financials
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 677550.00 Crore) operating in IT Software sector.

For the quarter ended 31-03-2020, the company reported a Consolidated sales of Rs 39946.00 Crore, up .23 % from last quarter Sales of Rs 39854.00 Crore and up 5.09 % from last year same quarter Sales of Rs 38010.00 Crore. The Company reported net profit after tax of Rs 8093.00 Crore in latest quarter.

Tata Consultancy Services Ltd. key Products/Revenue Segments include Information Technology & Consultancy Services which contributed Rs 97356.00 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2018.

Promoter holding
Promoters held 72.04864 per cent stake in the company as of quarter ended 31st Mar 2020 .

Valuation ratio
It quoted a price-to-earnings ratio of 21.05 and price to book value of 8.03 .