Tata Consultancy Services outperforms competitors despite losses on the day
Published: Jan. 3, 2024 at 5:32 a.m. ET
Shares of Tata Consultancy Services Ltd. 532540 slid 2.42% to 3,691.55 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.75% to 71,356.60.
Tata Consultancy Services Ltd. closed 237.40 rupees short of its 52-week high (3,928.95 rupees), which the…
Shares of Tata Consultancy Services Ltd.
532540
slid 2.42% to 3,691.55 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index
1
falling 0.75% to 71,356.60.
Tata Consultancy Services Ltd. closed 237.40 rupees short of its 52-week high (3,928.95 rupees), which the company reached on December 18.
Despite its losses, the stock outperformed some of its competitors Wednesday, as MphasiS Ltd.
MPHASIS
fell 3.54% to 2,578.70 rupees and Wipro Ltd.
WIPRO
fell 2.83% to 455.90 rupees.
Trading volume (101,894) remained 14,692 below its 50-day average volume of 116,586.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.