Shares of Tata Consultancy Services on Tuesday gained around 1 per cent after the software services firm opened the fourth-quarter earnings season with a stellar set of numbers, crossing the ₹ 50,000-crore revenue mark for the first time and recording 7.4 per cent year-on-year growth in net profit.
The market heavyweight stock opened the trade on a tepid note and later gained 0.73 per cent to ₹ 3,723.50 on the BSE. It hit a high of ₹ 3,723.50 and a low of ₹ 3,650.05 so far during the trade.
At the NSE, it went up by 0.69 per cent to ₹ 3,722 after a muted opening.
On Monday, the country’s largest software services firm Tata Consultancy Services said it has crossed the ₹ 50,000 crore revenue mark for the first time.
The company said its revenue jumped 15.8 per cent to ₹ 50,591 crore in the reporting quarter on an annualised basis.
