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NEW DELHI: Shares of Tata Consultancy Services Ltd. traded 4.71 per cent up in Thursday's trade at 11:40AM (IST). Around 386,476 shares changed hands on the counter.
The scrip opened at Rs 2825 and touched an intraday high and low of Rs 2881.15 and Rs 2800, respectively, in the session so far. The stock of Tata Consultancy Services Ltd. quoted a 52-week high of Rs 2881.15 and a 52-week low of Rs 1504.4.
Total market cap of the Tata Consultancy Services Ltd. stood at Rs 1078304.03 crore at the time of writing this report.
TCS, the largest IT firm, on Wednesday said its net profit fell 7.05 per cent to Rs 7,475 crore for the September quarter compared with Rs 8,042 crore in the same quarter last year. Peer Infosys NSE 4.56 per cent will also be in focus after TCS’ earnings.
Key Financials
The company reported consolidated sales of Rs 40135 crore for the quarter ended 30-Sep-2020, up 4.73 per cent from previous quarter's Rs 38322 crore and up 2.97 per cent from the year-ago quarter's Rs 38977 crore.
The net profit for latest quarter stood at Rs 7008 crore, down 13.81 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2020, DIIs held 2.51 per cent stake in the company, while foreign institutional investors held 15.85 per cent and the promoters 72.05 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 35.18 and a price-to-book ratio of 8.13. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Tata Consultancy Services Ltd. belongs to the IT Consulting & Software - Large Cap industry.
The scrip opened at Rs 2825 and touched an intraday high and low of Rs 2881.15 and Rs 2800, respectively, in the session so far. The stock of Tata Consultancy Services Ltd. quoted a 52-week high of Rs 2881.15 and a 52-week low of Rs 1504.4.
Total market cap of the Tata Consultancy Services Ltd. stood at Rs 1078304.03 crore at the time of writing this report.
TCS, the largest IT firm, on Wednesday said its net profit fell 7.05 per cent to Rs 7,475 crore for the September quarter compared with Rs 8,042 crore in the same quarter last year. Peer Infosys NSE 4.56 per cent will also be in focus after TCS’ earnings.
Key Financials
The company reported consolidated sales of Rs 40135 crore for the quarter ended 30-Sep-2020, up 4.73 per cent from previous quarter's Rs 38322 crore and up 2.97 per cent from the year-ago quarter's Rs 38977 crore.
The net profit for latest quarter stood at Rs 7008 crore, down 13.81 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2020, DIIs held 2.51 per cent stake in the company, while foreign institutional investors held 15.85 per cent and the promoters 72.05 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 35.18 and a price-to-book ratio of 8.13. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Tata Consultancy Services Ltd. belongs to the IT Consulting & Software - Large Cap industry.
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