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TCS Shares Rise Over 2% On Strong Q3 Numbers, Buyback Offer

TCS Shares Rise Over 2% On Strong Q3 Numbers, Buyback Offer

NDTV
Thursday, January 13, 2022 07:56:34 AM UTC

Shares of Tata Consultancy Services (TCS) on Thursday gained over 2 per cent after the firm reported a 12.2 per cent jump in December quarter net profit on handsome revenue growth, and guided towards maintaining the same momentum going forward.

Shares of Tata Consultancy Services (TCS) on Thursday gained over 2 per cent after the firm reported a 12.2 per cent jump in December quarter net profit on handsome revenue growth, and guided towards maintaining the same momentum going forward.

The stock gained 2.25 per cent to Rs 3,944.40 at the BSE.

On the NSE, it jumped 1.63 per cent to Rs 3,923.

The country's largest software exporter TCS on Wednesday reported a 12.2 per cent jump in December quarter net profit at Rs 9,769 crore on handsome revenue growth, and guided towards maintaining the same momentum going forward on the back of a strong demand environment.

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