Tata Consultancy Services Ltd dropped for a fifth straight session today. The stock is quoting at Rs 3108.6, down 0.33% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 14403.85. The Sensex is at 48122.65, up 0.09%.Tata Consultancy Services Ltd has eased around 0.4% in last one month.Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has eased around 0.25% in last one month and is currently quoting at 25826.7, down 0.34% on the day. The volume in the stock stood at 9.84 lakh shares today, compared to the daily average of 37.07 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 3109, down 0.44% on the day. Tata Consultancy Services Ltd jumped 70.94% in last one year as compared to a 57.34% rally in NIFTY and a 100.83% spurt in the Nifty IT index.
The PE of the stock is 36.22 based on TTM earnings ending March 21.