Tata Consultancy Services (TCS) net profit june 2011 : Tata Consultancy Services (TCS) has reported net profit of Rs 2,380 crore in the quarter ended June 2011, which was better than expectations. CNBC-TV18 poll was expecting the net profit at Rs 2,240 crore as against Rs 2,380.9 crore in previous quarter, as per International Financial Reporting Standards.Revenues increased just 6.3% in the June quarter at Rs 10,797 crore from Rs 10,157.5 crore in earlier quarter while the poll expected at Rs 10,674 crore.
Tata Consultancy Services (TCS) touched a 52-week high of Rs 1,350.30. At 09:23 hrs the share was quoting at Rs 1,162.80, up Rs 37.55, or 3.34%.
| Share Price Movement During The Last 12 Months | ||||
| Period | Price | Latest Price | Gain/Loss (Rs.) | % Gain/Loss |
| 3-Days | 1146.75 | 1162.80 | 16.05 | 1.40 |
| 5-Days | 1171.50 | 1162.80 | -8.70 | -0.74 |
| 7-Days | 1196.00 | 1162.80 | -33.20 | -2.78 |
| 15-Days | 1169.60 | 1162.80 | -6.80 | -0.58 |
| 1-Month | 1188.75 | 1162.80 | -25.95 | -2.18 |
| 3-Month | 1190.55 | 1162.80 | -27.75 | -2.33 |
| 6-Month | 1118.70 | 1162.80 | 44.10 | 3.94 |
| 9-Month | 985.70 | 1162.80 | 177.10 | 17.97 |
| 1-Year | 774.65 | 1162.80 | 388.15 | 50.11 |
It was trading with volumes of 12,078 shares. In the previous trading session, the share closed down 2.23% or Rs 25.65 at Rs 1,125.25. CLSA has maintained underperform rating with a target of Rs 1,100 per share, reports CNBC-TV18.
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