Trending stocks: TCS shares climb 7% in early trade

NEW DELHI: Shares of Tata Consultancy Services traded 7.13 per cent up in Friday 's trade at 09:55AM (IST).

Around 139991 shares changed hands on the counter. The stock opened at Rs 1800.0 and touched an intraday high and low of Rs 1851.85 and Rs 1752.8 , 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 largest software exporter reported a marginal dip in March quarter net at Rs 8,049 crore on Thursday, but guided towards a very difficult time ahead which may even see a "contraction" in revenues in the first two quarters of FY21.

Financials
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 643759.12 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 Company has 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 21.15 and price to book value of 8.07 .