Tata Consultancy Services Ltd drops for fifth straight session

Capital Market 

The stock is quoting at Rs 1809.4, down 0.55% on the day as on 13:19 IST on the NSE. Ltd jumped 53.23% in last one year as compared to a 12.41% rally in and a 35.21% spurt in the IT index.

Ltd fell for a fifth straight session today. The stock is quoting at 1809.4, down 0.55% on the day as on 13:19 IST on the NSE. The benchmark is up around 0.21% on the day, quoting at 10763.6. The Sensex is at 35499, up 0.19%.Ltd has gained around 3.54% in last one month.Meanwhile, index of which is a constituent, has increased around 2.13% in last one month and is currently quoting at 13771.7, down 0.14% on the day. The volume in the stock stood at 17.5 lakh shares today, compared to the daily average of 30.34 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 1811, down 0.57% on the day. jumped 53.23% in last one year as compared to a 12.41% rally in NIFTY and a 35.21% spurt in the index.

The PE of the stock is 29.49 based on earnings ending March 18.

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First Published: Fri, June 22 2018. 13:35 IST