Tata Consultancy Services Ltd up for third consecutive session

Tata Consultancy Services Ltd is up for a third straight session today. The stock is quoting at Rs 2367.3, up 2.71% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.69% on the day, quoting at 23005.5. The Sensex is at 74164.05, up 1.9%. Tata Consultancy Services Ltd has gained around 8.16% in last one month.

Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has gained around 5.94% in last one month and is currently quoting at 30171, up 2.14% on the day. The volume in the stock stood at 61 lakh shares today, compared to the daily average of 45.97 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 2369.1, up 2.83% on the day. Tata Consultancy Services Ltd is down 20.31% in last one year as compared to a 10.08% slide in NIFTY and a 13.27% slide in the Nifty IT index.

The PE of the stock is 15.02 based on TTM earnings ending September 26.

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