On BSE, TCS opened at Rs 3,151 after closing at Rs 3,184.75 on Thursday. (file)
Mumbai:
Shares of Tata Consultancy Services were marginally lower in morning trade on Friday, a day after the IT major announced that its chief Rajesh Gopinathan has tendered his resignation.
The broader market was in positive territory with Sensex rallying 246 points amid positive global cues.
Rajesh Gopinathan, who has been at the helm of the country’s largest software exporter for six years, has resigned as MD and CEO, nearly four years before the completion of his term. He will be replaced by company veteran K Krithivasan. The company made this announcement after the market closed on Thursday.
On Thursday, the stock opened at Rs 3,151 after closing at Rs 3,184.75 on the BSE. After touching an intra-day high of Rs 3,194, the stock fell 0.62 per cent to Rs 3,165.
Sensex constituent TCS has a market valuation of Rs 11,58,419.07 crore on the BSE.
The company closed at Rs 3,169.90, down 0.47 per cent, on the NSE. It opened at Rs 3,150.50 on Thursday after closing at Rs 3,185 at the end of the day.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
