Bull of the Day: Largecap stock that rose 56% in 12-months

India’s largest IT services exporter Tata Consultancy Services (TCS) has been on a roll in the last 12-months or so. Shares of the IT major have risen over 56% in the period on the back of stellar performance quarter after quarter.

Q4FY11 triumph:

Tata Consultancy Services (TCS) reported its fourth quarter net profit at Rs 2402 crore, a growth of 3% from its previous quarter net profit of Rs 2,330.2 crore (US GAAP). The company met street expectations.(Click here for full details)

A CNBC-TV18 poll saw a profit growth at Rs 2,340 crore. For the financial year 2010-11, TCS reported net profit of Rs 9,068 crore versus expectations of Rs 8,621 crore.

The company attributed its performance in the January-March period, which was in line with street expectations, to excellent execution and constant customer focus.

During the period, its revenue jumped by 5.1% to Rs 10,157 crore as against Rs 9,663.4 crore in previous quarter.

New order update:

IT firm today said it has bagged a contract from Ahli Bank to provide software solutions for the bank's brokerage operations in Qatar. However, the company did not disclose the financial details of the deal.

How far is it from 52-week high?

The company touched its 52-week high Rs 1,247.00 and 52-week low Rs 748.00 on 06 Apr, 2011 and 01 Jul, 2010, respectively. Currently, it is trading -7.07% below its 52-week high and 54.92% above its 52-week low. Its market capitalisation stands at Rs 226,802.77 crore.


More on the stock

Today it closed at Rs 1,158.80, up Rs 5.55, or 0.48%. It touched an intraday high of Rs 1,175.50 and an intraday low of Rs 1,152.50. There were pending sell orders of 16 shares, with no buyers available. The total traded volumes were of 78,033 shares.

The company's trailing 12-month (TTM) EPS was at Rs 38.68 per share. The stock's price-to-earnings (P/E) ratio was 29.96. The latest book value of the company is Rs 115.40 per share. At current value, the price-to-book value of the company was 10.04. The dividend yield of the company was 1.73%.

Peer comparison:


Company
Last Price (Rs)
Market Cap (Rs in Cr)
Sales Turnover (Rs in Cr)
PAT (Rs in Cr)

TCS
1157.15
226479.83
29275.41
7569.99

Infosys
2785.65
159938.53
25385
6443

Wipro
446.4
109524.24
26340.7
4843.7

HCL Tech
514.8
35390.57
5078.76
1056.58

Oracle Financ
2222.95
18651.03
2360.51
967.98

Mahindra Satyam
85
10001.18
5100.5
-71.2

Mphasis
468.3
9833.77
3770.09
996.88

Tech Mahindra
677.8
8521.3
4965.49
696.72

Patni Computer
352.7
4712.34
2030.61
655.05

Financial Tech
831.65
3832.12
356.36
368.6


Source: http://www.moneycontrol.com/news/market-edge/bullthe-day-largecap-stock-that-rose-5612-months_548447.html

Thanks and Regards,
Sanchari Sinha,
Intern at DENIP Consultants Pvt. Ltd.