TCS Is The Biggest Gainer Among Nifty50 Stocks After Reporting Healthy Growth

TCS is the biggest gainer among Nifty50 stocks after reporting healthy growth in quarterly earnings on Thursday, rising 3 percent.

The Tata Group firm has reported consolidated profit at Rs 6,904 crore for the quarter ended March 2018, registering a 5.7 percent growth compared to Rs 6,531 crore in previous quarter and 4.5 percent growth over year-ago period.

Consolidated revenue from operations for the quarter grew by 3.8 percent to Rs 32,075 crore on sequential basis, which was ahead of Reuters poll of Rs 31,669.2 crore.

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