TCS likely to announce JV with Mitsubishi; stock gains

Published on Wed, Feb 08, 2012 at 09:30 |  Source : Moneycontrol.com

Updated at Wed, Feb 08, 2012 at 09:32  

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TCS likely to announce JV with Mitsubishi; stock gains

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According to reports, Tata Consultancy Services (TCS) is likely to announce a JV with Mitsubishi today, reports CNBC-TV18.

It touched an intraday high of Rs 1,226 and an intraday low of Rs 1,213. At 09:29 hrs the share was quoting at Rs 1,219.10, up Rs 19.65, or 1.64%.
 
It was trading with volumes of 21,618 shares. In the previous trading session, the share closed up 0.63% or Rs 7.50 at Rs 1,199.45.

The company's trailing 12-month (TTM) EPS was at Rs 38.68 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 31.53. The latest book value of the company is Rs 99.53 per share. At current value, the price-to-book value of the company was 12.25. The dividend yield of the company was 1.15%.

  

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