TCS Surges by 5%; BSE IT Index Up 5.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Markets will remain closed on 25th May, 2020 on account of Id-Ul-Fitr (Ramzan Id).

TCS Surges by 5%; BSE IT Index Up 5.5%
Tue, 7 Apr 09:48 AM

TCS share price has zoomed 5% and is presently trading at Rs 1,740.

Meanwhile, the BSE IT Index is at 12,446 (up 5.5%).

Among the top Gainers in the BSE IT Index today are TCS (up 5.2%) and INFOSYS (up 6.3%).

ECLERX SERVICES (down 0.1%) is among the top loser today.

Over the last one year, TCS has moved down from Rs 2,080 to Rs 1,740, registering a loss of Rs 340 (down 16.4%).

On the other hand, the BSE IT has moved down from 15,619 to 12,446, loss of 3,173 points (down 20.5%) during the last 12 months.

The top gainers among the BSE IT Index stocks during this same period were [param_historic_top3].

One Stock Crorepati: The Mega Summit Goes LIVE at 5pm Today. Click here to join...

What About the Benchmark Indices?

The BSE Sensex is at 28,963 (up 4.7%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 19.1%), M&M (up 11.9%) and AXIS BANK (up 10.0%). Other gainers include ICICI BANK (up 8.0%) and HCL TECHNOLOGIES (up 7.4%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.

In the meantime, NSE Nifty is at 8,468 (up 4.5%). The top gainers in the NSE Nifty include INDUSIND BANK (up 19.7%), M&M (up 12.9%) and AXIS BANK (up 10.0%). Other gainers include SUN PHARMA (up 7.6%) and ICICI BANK (up 7.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,877 to 28,963, registering a loss of 9,914 points (down 25.68%).

TCS Financial Update...

TCS net profit stood at Rs 81 billion for the quarter ended December 2019, compared to a profit of Rs 81 billion a year ago. Net Sales rose 6.7% to Rs 398.5 billion during the period as against Rs 373.4 billion in October-December 2018.

For the year ended March 2019, TCS reported 22.0% increase in net profit to Rs 315.6 billion compared to net profit of Rs 258.8 billion during FY18.

Revenue of the company grew 19.0% to Rs 1,465 billion during FY19.

The current Price to earnings ratio of TCS, based on rolling 12 month earnings, stands at 20.1x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "TCS Surges by 5%; BSE IT Index Up 5.5%". Click here!

  

Stock Market Updates

Sensex Ends 260 Points Lower; Finance and Banking Stocks Witness Huge Selling (Today's Market)

May 22, 2020 Closing

Indian share markets witnessed negative trading activity today and ended their trading session lower.

ESCORTS LIMITED at 52 Week High; BSE 500 Index Down 0.5 % (Today's Market)

May 22, 2020 03:27 PM

ESCORTS LIMITED share price has hit a 52-week high. It is presently trading at Rs 918. BSE 500 Index is down by 0.5% at 11,905. Within the BSE 500, ESCORTS LIMITED (up 3.9%) and TVS SRICHAKRA (up 20.0%) are among the top gainers, while top losers are MAHINDRA HOLIDAYS and TCI EXPRESS LTD.

INDIABULLS HOU. FIN. Plunges by 5%; BSE 500 Index Down 0.8% (Today's Market)

May 22, 2020 03:21 PM

INDIABULLS HOU. FIN. share price has plunged by 5% and its current market price is Rs 124. The BSE 500 is down by 0.8%. The top gainers in the BSE 500 Index are TVS SRICHAKRA (up 20.0%) and ZEE ENTERTAINMENT (up 6.0%). The top losers are INDIABULLS HOU. FIN. (down 5.1%) and HDFC (down 5.1%).

TVS SRICHAKRA Surges by 11%; BSE 500 Index Down 0.6% (Today's Market)

May 22, 2020 02:33 PM

TVS SRICHAKRA share price has surged by 11% and its current market price is Rs 1,214. The BSE 500 is down by 0.6%. The top gainers in the BSE 500 Index is TVS SRICHAKRA (up 10.5%). The top losers are RAJESH EXPORTS and SKF INDIA .

FEDERAL BANK Plunges by 5%; BSE BANKEX Index Down 2.5% (Today's Market)

May 22, 2020 02:31 PM

FEDERAL BANK share price has plunged by 5% and its current market price is Rs 40. The BSE BANKEX is down by 2.5%. The top gainers in the BSE BANKEX Index is KOTAK MAHINDRA BANK (up 0.4%). The top losers is FEDERAL BANK (down 5.2%).

CANFIN HOMES Plunges by 5%; BSE 500 Index Down 0.8% (Today's Market)

May 22, 2020 02:15 PM

CANFIN HOMES share price has plunged by 5% and its current market price is Rs 287. The BSE 500 is down by 0.8%. The top gainers in the BSE 500 Index are TVS SRICHAKRA (up 6.7%) and NIIT TECHNOLOGIES (up 6.4%). The top losers are CANFIN HOMES (down 5.0%) and BAJAJ FINSERV (down 5.5%).

View More Indian Share Market News

Most Popular

Protect Your Wealth from Fund Managers(Fast Profits Daily)

May 14, 2020

Do you know how much you are paying in fees to your mutual fund? In this video I'll share with you my views.

Covid-19 Offers a Rare Opportunity to Own This Brand Leader(Profit Hunter)

May 12, 2020

Covid-19 has compounded uncertainties in investing but this smallcap company is strong enough to survive and even emerge stronger.

Of India's 20 Trillion Stimulus Package and the Swoosh Index for a Swoosh Recovery(Profit Hunter)

May 13, 2020

For India's rapid economic recovery, hopping on to the Swoosh index is a must.

How Commodity Prices Tell You When Stocks Will Go Up(Fast Profits Daily)

May 20, 2020

Commodity prices often provide clues to big moves in stock markets. In today's video, I'll explain this link.

Why Buffet - and you - should study Quantum Liquid Fund(The Honest Truth)

May 14, 2020

Ajit Dayal on how Quantum Liquid Fund and Warren Buffett have similar investing styles.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


May 22, 2020 (Close)

MARKET STATS