At 12:38 pm, TCS shares traded 1.27per cent higher at Rs 3,103.75 on the NSE
Share prices of Tata Group entities including Tata Consultancy Services (TCS), Tata Steel Limited, Tata Motors, and others gained on Friday, March 26, after the Supreme Court today backed the removal of Cyrus Mistry as the chairman of the Tata Group setting aside the company law tribunal that has reinstated him. On Friday, Tata Consultancy Services opened on the BSE at Rs 3,083, touching an intra day high of Rs 3,110.95 and an intra day low of Rs 3,044, in the trading session so far. At 12:38 pm, TCS shares traded 1.27 per cent higher at Rs 3,103.75 on the NSE, while on the BSE, it traded 1.07 per cent higher at Rs 3,101.
On December 18, 2019, the National Company Law Appellate Tribunal had restored Cyrus Mistry as the executive chairman of the over $100 billion salt-to-software Tata Group. The order challenged by the Tatas has now been scrapped.