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( 13 Jun 2018)
TCS up nearly 3% on share buyback plan

Shares of Tata Consultancy Services (TCS) jumped nearly 3 per cent on the Bombay Stock Exchange after IT major said that its board will consider a proposal for buyback of equity shares of the company, at its meeting to be held on June 15, 2018,

Cheering the news, stocks of the company gained as much as 2.75 per cent and touched an intra-day high of Rs 1830.00 apiece on the Bombay Stock Exchange.

In a similar trend, shares of the firm were trading 1.91 per cent higher at Rs 1,815.00 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 35,819.44, up 126.92 points, or 0.36 per cent at 11:20 hours.