Tata Consultancy Services (TCS) witnessed a fall in share price on Friday after the company witnessed a 5.89% fall in the consolidated net profit on year-on-year basis (a 10% fall on sequential basis) to Rs 59.45 billion for the quarter ended June 2017.
Revenues up 1% on year-on-year basis (0.2% lower on sequential basis) to Rs 295.84 billion. Operating Margin at 23.4%.
Shares of Tata Consultancy Services are trading at Rs 2,399.40, down Rs 44.65, or 1.83% at the Bombay Stock Exchange (BSE) on Friday at 11:49 a.m.
The scrip has touched an intra-day high of Rs 2,422.65 and low of Rs 2,376.10. The total volume of shares traded at the BSE is 163,797.
Total volume of shares traded on the bourses today was higher by 50.01% to 1,629,241 compared with 22-day average volume of 1,086,078.