Tata Consultancy Services (TCS) net profit june 2011

Tata Consultancy Services (TCS) net profit june 2011 : Tata Consultancy Services (TCS) has reported net profit of Rs 2,380 crore in the quarter ended June 2011, which was better than expectations. CNBC-TV18 poll was expecting the net profit at Rs 2,240 crore as against Rs 2,380.9 crore in previous quarter, as per International Financial Reporting Standards.

Revenues increased just 6.3% in the June quarter at Rs 10,797 crore from Rs 10,157.5 crore in earlier quarter while the poll expected at Rs 10,674 crore.

Tata Consultancy Services (TCS) touched a 52-week high of Rs 1,350.30. At 09:23 hrs the share was quoting at Rs 1,162.80, up Rs 37.55, or 3.34%.

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	1146.75	1162.80	16.05	1.40
5-Days	1171.50	1162.80	-8.70	-0.74
7-Days	1196.00	1162.80	-33.20	-2.78
15-Days	1169.60	1162.80	-6.80	-0.58
1-Month	1188.75	1162.80	-25.95	-2.18
3-Month	1190.55	1162.80	-27.75	-2.33
6-Month	1118.70	1162.80	44.10	3.94
9-Month	985.70	1162.80	177.10	17.97
1-Year	774.65	1162.80	388.15	50.11

It was trading with volumes of 12,078 shares. In the previous trading session, the share closed down 2.23% or Rs 25.65 at Rs 1,125.25. CLSA has maintained underperform rating with a target of Rs 1,100 per share, reports CNBC-TV18.

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