TCS Shares Open at 4.5% on Tuesday

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January 15, 2013 5:07 PM EST

Tata Consultancy Services Ltd(TCS.NS) opened up around 4.5 percent on Tuesday, a day after topping expectations with a 23 percent rise in October-December profit and reiterating it should beat a closely watched industry growth forecast.

TCS was up 1.5 percent as of 10:56 a.m. Shares had already gained 6 percent in the previous two sessions after Infosys Ltd (INFY.NS) also beat estimates with its earnings results on Friday, while slightly raising its revenue guidance.

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