IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nif ...More

IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nifty IT index over 2%. Despite broader market gains, investor sentiment weakened amid muted demand outlook, cautious brokerage commentary and renewed concerns that rapidly advancing AI models could erode traditional IT services revenue. ...Less

TCS Dividend News: Tata Consultancy Services declared a final dividend of Rs 31 per share for the financi ...More

TCS Dividend News: Tata Consultancy Services declared a final dividend of Rs 31 per share for the financial year ending March 31, 2026. The IT giant reported a 12% year-on-year growth in its consolidated net profit for the March quarter. Revenue also saw a 10% year-on-year increase. The company's operating margin reached its highest in four years. ...Less

The interim dividend shall be paid on August 7 to the equity shareholders of the company, whose names app ...More

The interim dividend shall be paid on August 7 to the equity shareholders of the company, whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on record date. ...Less

TCS Q1 Results 2025: Indian IT bellwether Tata Consultancy Services (TCS) on Thursday reported a 6% growt ...More

TCS Q1 Results 2025: Indian IT bellwether Tata Consultancy Services (TCS) on Thursday reported a 6% growth in its Q1FY26 consolidated net profit at Rs 12,760 crore versus Rs 12,040 crore in the year ago period. ...Less

TCS Q1 Results: Consolidated revenue for the quarter grew 16.2 per cent YoY to Rs 52,758 crore compared w ...More

TCS Q1 Results: Consolidated revenue for the quarter grew 16.2 per cent YoY to Rs 52,758 crore compared with Rs 45,411 crore in the year-ago quarter, the company said in a BSE filing. ...Less

While announcing its June quarter results, TCS’ workforce stood at 606,331, a net addition of 14,136 empl ...More

While announcing its June quarter results, TCS’ workforce stood at 606,331, a net addition of 14,136 employees during the quarter. “IT services attrition was 19.7% on the last twelve months’ basis,” it said in a statement. In the March quarter, TCS had said that the rate of attrition was at 17.4 per cent. ...Less

TCS shares will begin trading without the upcoming dividend included in the stock price on or before the ...More

TCS shares will begin trading without the upcoming dividend included in the stock price on or before the record date. This change impacts which shareholders are eligible to receive the dividend payment, announced alongside the company's Q1 results showing an 8% increase in consolidated net profit to Rs 12,105 crore. ...Less

Dollar revenue growth is seen at 3.4 per cent YoY or 1.5 per cent QoQ, with the cross-currency impact see ...More

Dollar revenue growth is seen at 3.4 per cent YoY or 1.5 per cent QoQ, with the cross-currency impact seen at 190 basis points. Deal wins and the impact of the macro weakness on growth will be key monitorable, Motilal Oswal said in a note. ...Less

TCS Q1 Results: IT bellwether TCS reported a 9% YoY growth in its June quarter consolidated net profit, r ...More

TCS Q1 Results: IT bellwether TCS reported a 9% YoY growth in its June quarter consolidated net profit, reaching Rs 12,040 crore, compared to Rs 11,120 crore in the same quarter last financial year. This profit exceeded the Street estimate of Rs 11,900 crore. Additionally, the company's board recommended a dividend of Rs 10 per share. ...Less

According to the average of the estimates by ETIG and eight brokerages, the dollar-denominated revenue of ...More

According to the average of the estimates by ETIG and eight brokerages, the dollar-denominated revenue of TCS is expected to grow by 1.9% sequentially to $ 6,824.5 mn compared with the 2.6% growth in the previous quarter. A weaker euro and pound against the dollar will affect the reported growth even though the constant currency (CC) growth is expected to be higher at 3-4%. ...Less

Shares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and mor ...More

Shares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5. ...Less

The country’s largest software exporter posted $ 6,780 million in revenue for the quarter compared with a ...More

The country’s largest software exporter posted $ 6,780 million in revenue for the quarter compared with analysts’ average expectation of $6,824.5 million. In constant currency (CC) terms, it grew by 3.5% sequentially, but in reported terms, the growth was just 1.3% reflecting the impact of weaker pound and euro against the dollar during the quarter. ...Less

Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q ...More

Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q3 results and sector-wide AI concerns. Despite a recent 8% gain in April, analysts remain cautious due to weak growth guidance and integration pressures. The company's upcoming Q4 results and potential share buyback will be key triggers. ...Less

While the net profit was above the ET Now poll of Rs 10,890 crore, the revenue was tad lower than the est ...More

While the net profit was above the ET Now poll of Rs 10,890 crore, the revenue was tad lower than the estimated Rs 59,500 crore. Sequentially, the topline rose a mere 0.4%, making this the slowest growth in 12 quarters for the country’s largest software exporter. The profit declined nearly 3% from the March quarter. ...Less

India's IT giant, TCS, is poised to reveal its fourth-quarter earnings on Thursday, with a dividend payou ...More

India's IT giant, TCS, is poised to reveal its fourth-quarter earnings on Thursday, with a dividend payout also on the agenda. Analysts anticipate robust year-on-year growth in revenue and profit, though sequential growth is expected to be modest. The BFSI sector is projected to be a key growth driver, while others show mixed performance. ...Less

Tata Consultancy Services posted sequential revenue growth of 3.5% to $4.04 billion, the slowest for the ...More

Tata Consultancy Services posted sequential revenue growth of 3.5% to $4.04 billion, the slowest for the first quarter in the past four years. ...Less

Despite a 12% year-on-year rise in net profit to Rs 13,718 crore and a 10% revenue increase to Rs 70,698 ...More

Despite a 12% year-on-year rise in net profit to Rs 13,718 crore and a 10% revenue increase to Rs 70,698 crore, TCS shares fell 2%. The IT giant secured $12 billion in deals and reported strong AI revenue, yet analysts remain divided on future growth prospects and valuations. ...Less

Tata Consultancy Services signalled a decisive shift by positioning AI as a core growth engine rather tha ...More

Tata Consultancy Services signalled a decisive shift by positioning AI as a core growth engine rather than an experimental bet. With annualised AI revenue crossing $2.3 billion, strong deal wins, expanding margins and a rapidly upskilled workforce, the company underscored that enterprise AI adoption is now driving meaningful business momentum. ...Less

TCS joined global rival Accenture in signalling higher demand for outsourcing from customers in the US se ...More

TCS joined global rival Accenture in signalling higher demand for outsourcing from customers in the US seeking to cut costs. ...Less

TCS is set to announce its Q1 results today amid weak demand and macro uncertainties. Brokerages expect a ...More

TCS is set to announce its Q1 results today amid weak demand and macro uncertainties. Brokerages expect a sequential revenue decline, mainly due to the BSNL project wind-down. The stock, down 18% in 2025 so far, traded flat ahead of the announcement. Analysts see continued headwinds for India’s top IT firm despite global market resilience. ...Less

After Tata Consultancy Services (TCS) reported a higher-than-estimated June quarter profit on Wednesday. ...More

After Tata Consultancy Services (TCS) reported a higher-than-estimated June quarter profit on Wednesday. ...Less

Tata Consultancy Services (TCS) is set to announce Q1FY26 results on July 10, with brokerages estimating ...More

Tata Consultancy Services (TCS) is set to announce Q1FY26 results on July 10, with brokerages estimating a 1-3% YoY net profit growth between Rs 12,040 crore and Rs 12,416 crore. Revenue is expected to rise 2.7-3.8% to Rs 62,613-64,993 crore. Nuvama offers the most conservative PAT forecast, while InCred is the most optimistic on both profit and revenue. ...Less

TCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and ...More

TCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5. ...Less

Edelweiss said investors may watch out for deal momentum, tenure and pricing; attrition and supply-side p ...More

Edelweiss said investors may watch out for deal momentum, tenure and pricing; attrition and supply-side pressure; client budget and how the pipeline is shaping amid geopolitical uncertainties and weak macro outlook. ...Less

In a filing to BSE, the IT major said the interim dividend would be paid on August 3, to equity sharehold ...More

In a filing to BSE, the IT major said the interim dividend would be paid on August 3, to equity shareholders of the IT firm, whose names will appear on the register of members of the company or in the records of the depositories, as beneficial owners of the shares, as on July 16, the record date fixed for the purpose. ...Less

TCS had posted 4.48% YoY rise in consolidated net profit at Rs 6,904 crore in March quarter. ...More

TCS had posted 4.48% YoY rise in consolidated net profit at Rs 6,904 crore in March quarter. ...Less

Motilal Oswal Securities expects TCS to report Rs 7,670 crore profit, down 5.6 per cent QoQ. ...More

Motilal Oswal Securities expects TCS to report Rs 7,670 crore profit, down 5.6 per cent QoQ. ...Less

Tata Consultancy Services (TCS) reported a YoY rise of 17% in consolidated net profit of Q1 to Rs 11,074 ...More

Tata Consultancy Services (TCS) reported a YoY rise of 17% in consolidated net profit of Q1 to Rs 11,074 crore. However, consolidated revenue increased nearly 13%, marginally lower than the estimated Rs 59,500 crore. Motilal Oswal and Nuvama retained their 'Buy' recommendation on the IT major, while Nomura maintained a 'Reduce' rating. ...Less

Analysts expect TCS to report revenue growth driven by an acceleration in digital transformation demand a ...More

Analysts expect TCS to report revenue growth driven by an acceleration in digital transformation demand and deal ramp-ups from clients onboarded in previous quarters. Among the deal wins reported in Q4 FY22 were Sun Life Financial, Payments Canada, NXP Semiconductor, Ministry of External Affairs at the Government of India, etc. ...Less

Consolidated revenue for the quarter rose 15.80 per cent to Rs 34,261 cr from Rs 29,584 cr. ...More

Consolidated revenue for the quarter rose 15.80 per cent to Rs 34,261 cr from Rs 29,584 cr. ...Less

TCS' sequential revenue growth at 2.4 per cent in constant currency terms was lower than consensus estima ...More

TCS' sequential revenue growth at 2.4 per cent in constant currency terms was lower than consensus estimate of 3.3 per cent. Ebit margin declined by 133 basis points to 25.5 per cent, which was broadly in line with expectations. The fall in margin included a 170 basis points hit due to wage hikes, which was partly offset by a 30 basis points forex tailwinds. ...Less

"We have gone ahead and rolled out our annual salary increase with effect from April 1st. Our operating m ...More

"We have gone ahead and rolled out our annual salary increase with effect from April 1st. Our operating margin of 23.2% reflects the 200-bps impact of this hike, offset through improved efficiencies," TCS CFO Samir Seksaria said. ...Less

TCS' Q1 profit rose 10.74 per cent to Rs 8,153 crore over Rs 7,362 crore from a year ago. ...More

TCS' Q1 profit rose 10.74 per cent to Rs 8,153 crore over Rs 7,362 crore from a year ago. ...Less

Happy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground ...More

Happy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech Morning Dispatch. ...Less

A rise in visa costs and appreciating rupee are seen denting the IT firm’s Q1 numbers. ...More

A rise in visa costs and appreciating rupee are seen denting the IT firm’s Q1 numbers. ...Less

“We see a lot of opportunities in vendor consolidation, cost and optimisation as they focus on efficienci ...More

“We see a lot of opportunities in vendor consolidation, cost and optimisation as they focus on efficiencies. The large deals that we have lined up augurs well for the coming quarters. We need to see where the opportunities are and execute them well and deserve what we deliver in Q2 and Q3, says COO NG Subramanian” ...Less

Kotak Institutional Equities has maintained its bearish view citing expensive valuation. ...More

Kotak Institutional Equities has maintained its bearish view citing expensive valuation. ...Less

Increased caution among clients due to macro uncertainties led to weak discretionary spending and program ...More

Increased caution among clients due to macro uncertainties led to weak discretionary spending and program deferment/cancellation, which will lead to slow growth in FY24 ...Less

Asian shares opened higher on Friday following gains on Wall Street, with investors shifting their focus ...More

Asian shares opened higher on Friday following gains on Wall Street, with investors shifting their focus to fresh data due in coming days for cues on US monetary policy. MSCI's broadest index of Asia-Pacific shares outside Japan was up by 0.81 per cent. ...Less

The June quarter earnings are seen to be weaker than expected amid uncertain and global environment and a ...More

The June quarter earnings are seen to be weaker than expected amid uncertain and global environment and a slowdown in discretionary spending by clients ...Less

The management commentary by each of the companies reveals that the demand slack is on account of either ...More

The management commentary by each of the companies reveals that the demand slack is on account of either a delay in decision making by clients or sporadic ramp downs in some of the projects. Going by the deal additions of TCS and HCLTech’s narrative of making up for the lost ground in subsequent quarters purports that the slowdown is of transient nature since clients continue to invest for the long term ...Less

The company's board has declared an interim dividend of Rs 5 per share. ...More

The company's board has declared an interim dividend of Rs 5 per share. ...Less

The unfavourable macroeconomic conditions in the key markets of the US and Europe have affected the spend ...More

The unfavourable macroeconomic conditions in the key markets of the US and Europe have affected the spending behaviour of the clients, which is expected to affect the performance of the Indian software exporters. During such challenging times, the management commentary of these companies will be crucial in determining the medium and long term demand trend ...Less

Most brokerages have maintained bullish views on Tata Consultancy Services (TCS) even as the software maj ...More

Most brokerages have maintained bullish views on Tata Consultancy Services (TCS) even as the software major’s June quarter earnings missed consensus estimates. Credit Suisse retained ‘outperform’ while IIFL has maintained ‘add’, and recommends adding the stock on any decline. ...Less

‘We are expecting a 3.5% decline QoQ on a constant currency basis’ ...More

‘We are expecting a 3.5% decline QoQ on a constant currency basis’ ...Less

On a YoY basis, PAT slipped 5.82% in Q1, the biggest drop in quarterly profit in two years. ...More

On a YoY basis, PAT slipped 5.82% in Q1, the biggest drop in quarterly profit in two years. ...Less

Wipro and Infosys ADRs declined over 6% and 4% respectively after TCS Q1FY26 results. Despite beating pro ...More

Wipro and Infosys ADRs declined over 6% and 4% respectively after TCS Q1FY26 results. Despite beating profit estimates, TCS flagged macroeconomic headwinds and subdued demand, sparking concerns across Indian IT stocks. ...Less

Domestic brokerage Motilal expects Nifty earnings to grow 25% YoY in Q1. Oil and gas sector may report a ...More

Domestic brokerage Motilal expects Nifty earnings to grow 25% YoY in Q1. Oil and gas sector may report a 3x surge in profit YoY underpinned by the improvement in marketing margins of OMCs. Auto sector’s earnings may surge 11x YoY during the quarter on a low base. ...Less

Today marks the start of the second quarter earnings season. TCS, Tata Elxsi, IREDA, and other companies ...More

Today marks the start of the second quarter earnings season. TCS, Tata Elxsi, IREDA, and other companies will declare their results for the September quarter. Brokerage firms expect TCS to show up to 8% year-on-year revenue growth. Key points include the BSNL deal ramp-up and commentary on the FY25 demand environment. ...Less

TCS anticipates sequential growth in Q4 driven by BFSI and manufacturing sectors. Operating margin estima ...More

TCS anticipates sequential growth in Q4 driven by BFSI and manufacturing sectors. Operating margin estimates 25.2-27.2%. Key focus on FY25 outlook, Hi-Tech, telecommunications, US, Europe, and Accenture Plc. Investor interest in Dalal Street. ...Less

Indian IT stocks fell sharply on Friday, with TCS, Infosys, and Wipro leading losses, after TCS reported ...More

Indian IT stocks fell sharply on Friday, with TCS, Infosys, and Wipro leading losses, after TCS reported weak Q1 revenue growth despite beating profit estimates. A 3.1% YoY decline in constant currency revenue and muted management commentary weighed on sentiment. Analysts remain cautious amid global macro headwinds, even as TCS posted robust deal wins worth $9.4 billion. ...Less

TCS will release its Q3 earnings, with expected year-on-year revenue growth between 5.2% and 6.4%. Motila ...More

TCS will release its Q3 earnings, with expected year-on-year revenue growth between 5.2% and 6.4%. Motilal Oswal forecasts an 8.1% PAT growth, while Kotak Equities anticipates deal wins of $9-10 billion. Analysts' focus includes growth, deals, pricing, and BFSI trends. ...Less

TCS Q3 Results: Emkay Global expects TCS shares to trend sideways to negative, with support at Rs 4,000 a ...More

TCS Q3 Results: Emkay Global expects TCS shares to trend sideways to negative, with support at Rs 4,000 and Rs 3,900 and resistance at Rs 4,170-4,280. A buying opportunity is seen in the support band. A short build-up was noted, with open interest at $580 million, below its 1Y mean. Max OI is at Rs 4,200/3,800 strikes, with call and put additions observed. ...Less

As Q1 results season begins, experts predict an end to earnings downgrades, with midcaps expected to lead ...More

As Q1 results season begins, experts predict an end to earnings downgrades, with midcaps expected to lead growth. While Nifty50 faces challenges, certain sectors like EMS and real estate are poised for significant profit jumps. Analysts suggest a mixed trend initially, followed by a stronger recovery in the second half of FY26, with potential upgrades on the horizon. Here are top stock ideas from 4 brokerages. ...Less

TCS is set to announce its Q2FY25 earnings, with analysts expecting revenue growth of up to 7.7% YoY, and ...More

TCS is set to announce its Q2FY25 earnings, with analysts expecting revenue growth of up to 7.7% YoY, and net profit to rise by 8-10%. Key focus areas include discretionary spending, deal ramp-up, customer behavior post Fed rate cuts, and potential interim dividends. ...Less

TCS reported a 6% growth in net profit for the June quarter, while revenue rose 1.3%. This and more in to ...More

TCS reported a 6% growth in net profit for the June quarter, while revenue rose 1.3%. This and more in today’s ETtech Top 5. ...Less

“I would reckon that with earnings disappointment right now and likely downgrades, the valuations appear ...More

“I would reckon that with earnings disappointment right now and likely downgrades, the valuations appear more expensive and it will be a case for valuations to moderate further. I do not think TCS is likely to outperform in the near future. Deal wins disappointed in the first quarter as did margins.” ...Less

Tata Consultancy Services is projected to reveal a slight increase in dollar-denominated revenue growth f ...More

Tata Consultancy Services is projected to reveal a slight increase in dollar-denominated revenue growth for the June quarter, outperforming the previous quarter. Supported by a weaker dollar against the pound and euro, revenue is expected to rise by 1.2%. However, rupee-term revenue growth may be slower due to rupee appreciation, with a modest net profit increase anticipated. ...Less

Data of the last 10 years shows TCS has recorded a positive monthly return post Q4 earnings 50% of the ti ...More

Data of the last 10 years shows TCS has recorded a positive monthly return post Q4 earnings 50% of the time. Returns have varied from 1.8% to 21.3% during the positive months and -1.2% to -8.9% during the negative months ...Less

Consensus EPS to drop; weak revenue commentary to weigh on P/E multiples ...More

Consensus EPS to drop; weak revenue commentary to weigh on P/E multiples ...Less

TCS Q4 Results Preview: TCS to release earnings for March with slight improvement expected. Analysts moni ...More

TCS Q4 Results Preview: TCS to release earnings for March with slight improvement expected. Analysts monitor core earnings, profitability, deal wins, and management outlook for FY25 closely after challenging quarters. ...Less

Nifty weekly performance: Indian markets ended the week on a cautious note, with the Nifty slipping 0.7% ...More

Nifty weekly performance: Indian markets ended the week on a cautious note, with the Nifty slipping 0.7% amid profit booking and global uncertainty. While easing inflation and lower interest rates may support sentiment, investors remain watchful of the July 9 U.S. tariff deadline. FIIs turned cautious, though DIIs lent stability. Trade-sensitive sectors like IT and auto are expected to stay in focus. ...Less

There is not going to be a potential upside on Infosys. We will possibly see the stock reacting on the ne ...More

There is not going to be a potential upside on Infosys. We will possibly see the stock reacting on the negative side tomorrow morning. ...Less

Bajaj Auto share price has risen by 25.15% over the past year, but has dropped by around 7% in the last 6 ...More

Bajaj Auto share price has risen by 25.15% over the past year, but has dropped by around 7% in the last 6 months. In the past 3 months, the stock has fallen by 24.9%, and in the last month, it has declined by 2.1%. ...Less

We are operating in a tough biz environment and we believe we will face strong headwinds for the rest of ...More

We are operating in a tough biz environment and we believe we will face strong headwinds for the rest of the year, says Infosys chief SD Shibulal. ...Less

TCS and Infosys will release their Q3 earnings today amid expectations of weak numbers. However, bulls be ...More

TCS and Infosys will release their Q3 earnings today amid expectations of weak numbers. However, bulls believe that this could be the last dull quarter before revenue growth picks up in Q4. Analysts anticipate TCS to deliver 1.5% QoQ cc revenue growth driven by large deal ramp-ups, with margin expansion driven by operational efficiencies. On the other hand, Infosys is expected to see a decline in USD revenue due to seasonal furloughs and the impact of a slowdown in discretionary tech spending. ...Less

The IT company will announce its results at 5 pm. At this price, the market capitalisation of the firm wa ...More

The IT company will announce its results at 5 pm. At this price, the market capitalisation of the firm was down about Rs 10,000 crore over Monday’s closing. ...Less

TCS Share Price: Shares of TCS surged 6% to Rs 4,169 in early NSE trading after reporting higher-than-exp ...More

TCS Share Price: Shares of TCS surged 6% to Rs 4,169 in early NSE trading after reporting higher-than-expected earnings for the June quarter. Jefferies upgraded TCS and raised its price target, while CLSA and JPMorgan maintained ratings with higher targets. Domestic analyst Nuvama also increased its target price. ...Less

Constant Currency revenue growth stood at 9.3 per cent YoY and 4.1 per cent on QoQ basis. ...More

Constant Currency revenue growth stood at 9.3 per cent YoY and 4.1 per cent on QoQ basis. ...Less

Tata Consultancy Services (TCS) shares jumped over 3% following its Q3 results. Morgan Stanley upgraded t ...More

Tata Consultancy Services (TCS) shares jumped over 3% following its Q3 results. Morgan Stanley upgraded the stock to Overweight, while Motilal Oswal and Nuvama reiterated their buy stance. TCS reported higher-than-expected revenue but lower bottomline. Morgan Stanley raised the price target to Rs 4,240. Motilal Oswal has a target of Rs 4,250. Nuvama revised the target to Rs 4,500. Kotak maintained an Add rating. ...Less

Shares of Tata Consultancy Services will draw attention as it reports its second quarter earnings. Analys ...More

Shares of Tata Consultancy Services will draw attention as it reports its second quarter earnings. Analysts predict a 1.2-2.6% sequential revenue growth and an 8-10% year-on-year net profit increase, driven partly by the BSNL deal ramp-up. Market capitalization remains over Rs 15 lakh crore. ...Less

TCS posted a 6% YoY rise in Q1FY26 net profit to Rs 12,760 crore, with revenue up 1.3% despite macro chal ...More

TCS posted a 6% YoY rise in Q1FY26 net profit to Rs 12,760 crore, with revenue up 1.3% despite macro challenges. Consumer, healthcare verticals lagged. ...Less

Indian markets ended lower on Friday, led by a selloff in IT stocks after TCS's earnings missed expectati ...More

Indian markets ended lower on Friday, led by a selloff in IT stocks after TCS's earnings missed expectations. Broader sentiment weakened amid U.S. tariff reinstatements and sanctions risk. Key movers included Glenmark, HUL, Anand Rathi Wealth, IREDA, and Zee. ...Less

Markets experienced volatility within a tight range, closing slightly lower, continuing the consolidation ...More

Markets experienced volatility within a tight range, closing slightly lower, continuing the consolidation trend. TCS is set to release its Q1 earnings, projecting a modest net profit increase. Asian Paints divested a 4.42% stake in Akzo Nobel, while ICICI Prudential MF acquired shares. Additionally, Emcure Pharma's Ahmedabad facility passed a US FDA inspection without any observations. ...Less

Infosys will announce its October-December quarter earnings on January 11, Thursday. The company witnesse ...More

Infosys will announce its October-December quarter earnings on January 11, Thursday. The company witnessed a setback in the form of a recent termination of a $1.5 billion AI deal with an unnamed global company, which Elara said, added to the company's growth headwinds in the near term. ...Less

The company is slated to declare its June quarter results on Tuesday. ...More

The company is slated to declare its June quarter results on Tuesday. ...Less

TCS reported Rs 62,000 crore revenue with a 24.6% margin due to execution delays and profit decline. Maha ...More

TCS reported Rs 62,000 crore revenue with a 24.6% margin due to execution delays and profit decline. Mahantesh Sabarad is optimistic, recommends Tata Tech for midcaps. Accenture sees high deal flow but delays. US dollar revenue at $7.5 billion. AI improves IT support, cyber security; SG&A expenses impact margins. Enterprise solutions might decline, back-end services to grow. ...Less

Tata Consultancy Services (TCS) and 16 other companies, including Akme Fintrade, will report Q1 results o ...More

Tata Consultancy Services (TCS) and 16 other companies, including Akme Fintrade, will report Q1 results on Thursday. TCS anticipates an 8% profit rise. Prabhudas Lilladher and ICICI Securities provided top estimates. Kotak Equities predicts 5% sales growth. Revenue growth from strong orders; weakness in financial services. EBITDA up 10%; wage revision affects EBIT margins; sequential growth; weak telecom revenues expected. ...Less

The department had earlier probed TCS on Transfer Pricing (TP) adjustments to check if the transactions w ...More

The department had earlier probed TCS on Transfer Pricing (TP) adjustments to check if the transactions with its associated enterprises were at arm's length and whether TCS was liable for taxes on brand fees. The assessing officer (AO) for the assessment year FY14-15 had arrived at the assessed income of '18,752 crore. ...Less

Market turned jittery after Trump warned India that its high tariffs were not acceptable. ...More

Market turned jittery after Trump warned India that its high tariffs were not acceptable. ...Less

Tata Consultancy Services does not give guidance, but going by management commentary it looks very positi ...More

Tata Consultancy Services does not give guidance, but going by management commentary it looks very positive. ...Less

JPMorgan maintained an underweight rating on TCS with a target price of Rs 2700. TCS Q4 missed expectatio ...More

JPMorgan maintained an underweight rating on TCS with a target price of Rs 2700. TCS Q4 missed expectations across the board led by US weakness. ...Less

TCS's Q3 revenue growth of 19.1% YoY at Rs 58,229 crore surpassed analyst estimates. Global brokerage fir ...More

TCS's Q3 revenue growth of 19.1% YoY at Rs 58,229 crore surpassed analyst estimates. Global brokerage firm Jefferies said while TCS delivered healthy growth during the quarter, falling headcount and book-to-bill ratio points to sharp growth moderation in FY24. ...Less

In constant currency terms, revenue grew 3% YoY, with operating margin expanding to 25.10%. ...More

In constant currency terms, revenue grew 3% YoY, with operating margin expanding to 25.10%. ...Less

Tata Elxsi posted a 22% year-on-year fall in Q1FY26 net profit to ₹144 crore and a 3.7% drop in revenue d ...More

Tata Elxsi posted a 22% year-on-year fall in Q1FY26 net profit to ₹144 crore and a 3.7% drop in revenue due to macroeconomic headwinds and client-specific challenges. ...Less

Tata Consultancy Services announces Q2 results today. Investors anticipate subdued growth and minimal mar ...More

Tata Consultancy Services announces Q2 results today. Investors anticipate subdued growth and minimal margin changes. The company navigates challenges including employee separation, wage adjustments, and uncertain US demand. Key factors to watch include the impact of layoffs, US market outlook, revenue growth, and margin performance. Mega deals and vertical performance are also under scrutiny. ...Less

Kaynes Technologies share price: The co has upheld its FY25 revenue growth forecast of over 60% YoY, desp ...More

Kaynes Technologies share price: The co has upheld its FY25 revenue growth forecast of over 60% YoY, despite a slowdown in the EV segment. The company's future performance is expected to be driven by strong contributions from smart meters, the use of acquired technology and a new factory, as well as long-term growth prospects in the railways sector. ...Less

Saatvik Green Energy reported a 459% YoY jump in Q1FY26 net profit at Rs 119 crore, with revenue up 272% ...More

Saatvik Green Energy reported a 459% YoY jump in Q1FY26 net profit at Rs 119 crore, with revenue up 272% to Rs 916 crore. Shares surged 10% to Rs 506 after its September IPO. ...Less

Reliance Industries (RIL) will announce its December quarter earnings on January 16, 2025. This follows T ...More

Reliance Industries (RIL) will announce its December quarter earnings on January 16, 2025. This follows TCS's Q3 results, which reported a 12% profit rise to ₹12,380 crore, driven by robust execution and cost management. ...Less

Anand Rathi Wealth posted a 28% YoY rise in Q1FY26 net profit to Rs 94 crore, with revenue growing 16% to ...More

Anand Rathi Wealth posted a 28% YoY rise in Q1FY26 net profit to Rs 94 crore, with revenue growing 16% to Rs 284 crore. AUM surged 27% YoY, led by robust mutual fund inflows, strong client growth, and digital wealth traction. ...Less

Stock market crash : Across sectors, the Nifty IT index declined 1.8%, dragged by losses in TCS, LTIMindt ...More

Stock market crash : Across sectors, the Nifty IT index declined 1.8%, dragged by losses in TCS, LTIMindtree, Infosys, and Wipro. Auto, Realty, Media, Consumer Durables, and Oil & Gas indices fell between 1% and 1.8%, while Financials and Metals slipped nearly 0.5%. The Nifty Midcap100 and Smallcap100 also lost around 1%. ...Less

It had posted net profit of Rs 6,446 crore in the September quarter. ...More

It had posted net profit of Rs 6,446 crore in the September quarter. ...Less

TCS has a target to hire 50,000 people this year while Infosys will hire 35,000 people, which includes 13 ...More

TCS has a target to hire 50,000 people this year while Infosys will hire 35,000 people, which includes 13,000 jobs for its BPO operations. ...Less

Rajesh Gopinathan said the Covid pandemic completely reversed the positive momentum. ...More

Rajesh Gopinathan said the Covid pandemic completely reversed the positive momentum. ...Less

HCL Technologies announced a Rs 12 interim dividend for FY26 alongside Q3 results, as profit declined yea ...More

HCL Technologies announced a Rs 12 interim dividend for FY26 alongside Q3 results, as profit declined year-on-year despite strong revenue growth, steady sequential topline gains, and healthy constant currency expansion amid a cautious global IT spending environment. ...Less

Infosys will report its Q4 results on April 17. In Q3, it posted 11% YoY profit growth and $2.5 billion i ...More

Infosys will report its Q4 results on April 17. In Q3, it posted 11% YoY profit growth and $2.5 billion in large deal TCV. Despite strong fundamentals, bearish technicals persist. The stock remains oversold, with analysts maintaining a ‘Buy’ rating. ...Less

IndusInd Bank shares fell 3.2% after Goldman Sachs downgraded the stock to ‘neutral’ from ‘buy,’ reducing ...More

IndusInd Bank shares fell 3.2% after Goldman Sachs downgraded the stock to ‘neutral’ from ‘buy,’ reducing its target price by 17% to Rs 1,090. The downgrade reflects concerns over slowing revenue growth, rising delinquencies in MSME and CV loans, and a decline in asset quality. The bank’s provisions nearly doubled, further impacting its profitability outlook. ...Less

Dalal Street is estimating a sequential revenue growth of anywhere between 1-2% in constant currency term ...More

Dalal Street is estimating a sequential revenue growth of anywhere between 1-2% in constant currency terms. However, margins are expected to improve quarter-on-quarter (QoQ) due to easing of supply side pressure. ...Less

The Q4FY25 earnings season begins this week with key announcements from TCS, Anand Rathi Wealth, and seve ...More

The Q4FY25 earnings season begins this week with key announcements from TCS, Anand Rathi Wealth, and several mid- and small-cap companies. TCS results on April 10 will be closely watched for sectoral cues. Other firms like BF Utilities, OK Play India, and Padam Cotton Yarns will also release their results, offering insights into performance across sectors. ...Less