TCS Gains 6%; BSE IT Index Up 4.3%
Tue, 2 Jun 11:3
Image source: Eoneren/www.istockphoto.comTCS share price has zoomed 6% and is presently trading at Rs 2,436.0.
Meanwhile, the BSE IT index is at 30,068.7 (up 4.3%).
Among the top gainers in the BSE IT index today are Birlasoft (up 7.1%) and Sonata Software (up 6.9%).
INDIAMART INTERMESH (down 0.7%) is among the top losers today.
Over the last one year, TCS has moved down from Rs 3,497.2 to Rs 2,436.0, registering a loss of Rs 1,061.2 (down 30.3%).
On the other hand, the BSE IT index has moved down from 37,285.0 to 30,068.7, registering a loss of 19.4% during the last 12 months.
The top losers among the BSE IT index stocks during this same period were ROUTE MOBILE (down 44.4%), KPIT TECHNOLOGIES (down 39.0%) and ZENSAR TECHNOLOGIES (down 38.8%).
What About the Benchmark Indices?
The BSE Sensex is at 74,022.2 (down 0.3%).
The top losers among the BSE Sensex today are NTPC (down 3.0%) and Bajaj Finance (down 2.5%). The most traded stocks in the BSE Sensex are Bajaj Finance and Infosys.
In the meantime, NSE Nifty is at 23,301.2 (down 0.4%). NTPC and Bajaj Finserv are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved down from 81,633.0 to 74,022.2, registering a loss of 7,610.8 points (down 9.3%).
TCS Financial Update...
TCS net profit grew 12.1% YoY to Rs 137,840 million for the quarter ended March 2026, compared to a profit of Rs 122,930 million a year ago. Net sales rose 9.6% to Rs 706,980 million during the period as against Rs 644,790 million in January-March 2025.
For the year ended March 2026, TCS reported 1.3% increase in net profit to Rs 494,540 million compared to net profit of Rs 487,970 million during FY25. Revenue of the company grew 4.6% to Rs 2,670,210 million during FY26.
The current Price to earnings ratio of TCS, based on rolling 12 month earnings, stands at 17.8.
Indian Share Market Update: Top Gainers and Losers
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