Tata Consultancy Services (TCS) shares jumped on Friday after the company earned profit of Rs 55.68 billion, representing a rise 45% while revenues went up 22.93% to Rs 221.11 billion for the first quarter of financial year 2014-15.
On quarter on quarter basis, it posted a rise of 3.9% in the net profit and 2.6% rise in the revenues.
Shares of the company are trading at Rs 2,462, up Rs 80.9, or 3.40% at the Bombay Stock Exchange (BSE) on Friday at 9:39 a.m.
The scrip has touched an intra-day high of Rs 2,486 and low of Rs 2,442.15. The total volume of shares traded at the BSE is 103,552.