Tata Consultancy Services Ltd gains more than 1%

Tata Consultancy Services Ltd rose for a third straight session today. The stock is quoting at Rs 2098.4, up 1.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 22462.4. The Sensex is at 72065.15, up 0.22%. Tata Consultancy Services Ltd has dropped around 7.56% in last one month.

Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has dropped around 6.18% in last one month and is currently quoting at 28304.7, down 0.57% on the day. The volume in the stock stood at 33.45 lakh shares today, compared to the daily average of 32.54 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 2094, up 0.85% on the day. Tata Consultancy Services Ltd is down 29.78% in last one year as compared to a 10.43% fall in NIFTY and a 18.95% fall in the Nifty IT index.

The PE of the stock is 13.97 based on TTM earnings ending June 26.

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