Friday 20 April 2018

Profitable Stock Tips: TCS Q4 Profit up 5.71%

The Stock Market Expert report says Country's Leading IT Company TCS's Financial Year 2018: Profit by 5.71% in the fourth quarter. During this period, the company has a profit of Rs 6904 crores. The good quarterly turnover of TCS reached 52 weeks high in Friday's turnover. The stock has gained over 4% in the stock on BSE.

Stock Market Expert

Income up by 3.78% to Rs 32075 crore

In the fourth quarter of the fiscal year 2018, the income of TCS increased 3.78 percent to Rs 32075 crore. In the third quarter, the company's income was Rs 30,904 crore. At the same time, the company's income has increased 8.2 percent year-on-year. In the fourth quarter of the fiscal year 2017, the income of TCS was Rs 2,9642 crores. The company's revenue for the entire year has been 4.35% with a growth of 123104 crores. At the same time, net profit is up by 1.8 percent in the year to Rs 25826 crores.

Bonus share in ratio 1: 1

- TCS has announced to give the final dividend of Rs 29 per share.
- TCS has announced shareholders a bonus share in the ratio 1: 1.
- In the fourth quarter, TCS's Ebidata margin was 25.4 percent.
- The company's revenues fell 3.86 percent to Rs 497.2 crore.

 Growth is better

The Stock Market Expert says that growth in 3 verticals has been in double digits. While energy and utilities have been upped at 33.7 percent, travel is 25.4 percent and Life Science and Healthcare has a growth of 12.6 percent. At the same time, the company has been growing more than the average in the 6 Vertical.

Stock at 52 weeks high

Stocks reached a new 52-week high on Friday due to better results in the fourth quarter. The stock was up 1.86 percent and opened at a price of Rs 3250.20, and rose 4.21 percent to Rs 3326.95 during the trading, which is a new high level of 52 weeks.

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