TCS trades at 52-week low ahead of Q3 earnings

Country's largest IT firm, Tata Consultancy Services (TCS) traded on a 52-week low of Rs. 2313, ahead of FY16 Q3 earnings on Tuesday.

Country's largest IT firm, Tata Consultancy Services (TCS) traded on a 52-week low of Rs. 2313, ahead of FY16 Q3 earnings on Tuesday. Analysts are not expecting blockbuster results for the top IT firm.

TCS slumped down 2.05%  from its previous closing of Rs. 2363 on the BSE.

The scrip opened at Rs. 2367.95 and has touched a high and low of Rs. 2367.95 and Rs. 2313 respectively. So far 1063524(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 462840.81 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2810 on 04-Mar-2015. The promoters holding in the company stood at 73.86 % while Institutions and Non-Institutions held 21.62 % and 4.52 % respectively. The stock is currently trading above its 200 DMA.