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

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 will announce its Q2 earnings on October 10, with a potential interim dividend declaration. Despite a ...More

TCS will announce its Q2 earnings on October 10, with a potential interim dividend declaration. Despite a gradual recovery in client spending, revenue growth remains stable. MOFSL expects TCS to see a 1% QoQ growth in constant currency. Previous Q1 profits and revenue exceeded expectations. ...Less

The board has recommended a second interim dividend of Rs 9 per share. The board has also approved buybac ...More

The board has recommended a second interim dividend of Rs 9 per share. The board has also approved buyback of shares worth Rs 17,000 crore at Rs 4,150 apiece. ...Less

The country’s largest IT services company by market capitalization also reported 16.8 per cent year-on-ye ...More

The country’s largest IT services company by market capitalization also reported 16.8 per cent year-on-year growth in consolidated revenue from operations to Rs. 46,867 crore, which was slightly below Street’s expectations. ...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

Nifty IT index has corrected more than 50 per cent on a year to date basis, compared to a two per cent dr ...More

Nifty IT index has corrected more than 50 per cent on a year to date basis, compared to a two per cent drop in Nifty50. It is the worst performing sectoral index for the year and only one in the bear grip, falling more than 20 per cent. ...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

Management commentary on outlook on the growth environment would be a key thing to watch out for. Motilal ...More

Management commentary on outlook on the growth environment would be a key thing to watch out for. Motilal Oswal expects strong demand commentary to continue. Investors would also be tracking the impact of a slowdown in Europe and the BFSI segment, besides client spend trends in the wake of recessionary fears. ...Less

TCS Q2 Results: Tata Consultancy Services reported a 1.4% rise in Q2 net profit to Rs 12,075 crore, falli ...More

TCS Q2 Results: Tata Consultancy Services reported a 1.4% rise in Q2 net profit to Rs 12,075 crore, falling short of Street estimates. Revenue from operations grew 2.4% to Rs 65,799 crore, with a 3.7% sequential increase. The company announced an interim dividend of Rs 11 per equity share. ...Less

Many of India's top IT services firms are looking at various cost-cutting measures, as they are worried t ...More

Many of India's top IT services firms are looking at various cost-cutting measures, as they are worried that tightening budgets at recession-wary U.S. and European clients will sharply hit their own profits after a pandemic-led boom. ...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 IT services company saw its consolidated net profit expand 6.8 per cent sequentiall ...More

The country’s largest IT services company saw its consolidated net profit expand 6.8 per cent sequentially to Rs 9,624 crore in the September quarter even as revenues grew at a healthy tick of 3.2 per cent. ...Less

The disappointing performance may weigh on the stock in the short term. However, given an upbeat manageme ...More

The disappointing performance may weigh on the stock in the short term. However, given an upbeat management commentary and a higher recruitment target for the current fiscal year, the long term growth trend may remain intact. ...Less

The employee attrition rate elevated during the quarter on an annual basis through the company management ...More

The employee attrition rate elevated during the quarter on an annual basis through the company management has cited a moderating trend on a quarterly basis. The net employee addition for the quarter was the lowest at 9,840 in nine quarters, signalling the beginning of moderation in the hiring frenzy seen over the past few quarters. ...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

Receding top line growth despite robust deal wins suggests that execution milestones for these projects a ...More

Receding top line growth despite robust deal wins suggests that execution milestones for these projects are set farther in future, which may raise concerns since it would strain profitability ...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

TCS reported yet another healthy quarterly result. The most remarkable thing was 5 per cent QoQ volume gr ...More

TCS reported yet another healthy quarterly result. The most remarkable thing was 5 per cent QoQ volume growth. ...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 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

TCS Q2 Results: TCS CFO Samir Seksaria said the company is steadily making its way towards achieving oper ...More

TCS Q2 Results: TCS CFO Samir Seksaria said the company is steadily making its way towards achieving operating margin priority for the year, aided by leverage from good growth, the flattening of the workforce pyramid, steadily improving productivity and currency support. ...Less

TCS Q2 Preview: Tata Consultancy Services (TCS) is expected to report modest growth in its second-quarter ...More

TCS Q2 Preview: Tata Consultancy Services (TCS) is expected to report modest growth in its second-quarter earnings, with a 1.4% sequential increase in consolidated revenue and a 3% sequential rise in net profit. Analysts anticipate deal momentum for TCS to continue, despite a slowdown in discretionary spending on IT services. The company is also set to consider a share buyback plan, which has already boosted its stock price. Investors will be closely monitoring TCS's outlook for key business verticals, margin trajectory, and capital allocation policy. ...Less

TCS Q2 Results: Tata Consultancy Services (TCS), India's leading software exporter, reported a 5% growth ...More

TCS Q2 Results: Tata Consultancy Services (TCS), India's leading software exporter, reported a 5% growth in consolidated net profit, reaching Rs 11,909 crore for Q2 ended September 2024, compared to Rs 11,342 crore in the same period last year. However, this figure fell short of analysts' expectations, which estimated a profit of Rs 12,450 crore. Revenue from operations rose 8% year-on-year to Rs 64,259 crore. ...Less

Analysts project sequential net profit growth to be in a range of 4-11 per cent while on a year-on-year b ...More

Analysts project sequential net profit growth to be in a range of 4-11 per cent while on a year-on-year basis, that range may be at 10-12 per cent. ...Less

For the September quarter, which is traditionally strong for the sector, TCS is seen reporting a mere 1.4 ...More

For the September quarter, which is traditionally strong for the sector, TCS is seen reporting a mere 1.4% sequential growth in consolidated revenue to Rs 60,218 crore, according to the average of estimates by eight brokerage firms. But on a year-on-year (YoY) basis, the topline is seen rising nearly 9%. Consolidated net profit is seen rising 3% sequentially and over 9% YoY to Rs 11,404 crore in the quarter, the estimates showed. ...Less

The human mind is at peace when it knows for certain what the maximum loss in a trade could be. Adding ic ...More

The human mind is at peace when it knows for certain what the maximum loss in a trade could be. Adding icing to the cake of this peace of mind is the “hope” that if one has bought both call and put options, any large volatility would be beneficial. While buying a “straddle” which means buying at the money call and put option which are close to current market price of stock brings you in “club possibility” of making short-term trading gains, does it increase the probability of making those gains in a short period? Number rarely lie. ...Less

Revenue rises 8% but remains flat QoQ; CEO Krithivasan underlines demand slump ...More

Revenue rises 8% but remains flat QoQ; CEO Krithivasan underlines demand slump ...Less

TCS said the number of clients who contribute more than $100 million in revenue rose by three and the umb ...More

TCS said the number of clients who contribute more than $100 million in revenue rose by three and the umber of clients who contribute more than $10 million in revenue rose by six. ...Less

TCS reported a nearly 5% sequential rise in the consolidated revenue for the quarter that ended September ...More

TCS reported a nearly 5% sequential rise in the consolidated revenue for the quarter that ended September at Rs 55,309 crore, beating Street expectations. Its operating margin expanded 90 basis points quarter-on-quarter to 24 per cent after contracting by a whopping 190 bps in the June quarter. ...Less

Indian IT giant Tata Consultancy Services (TCS) is forecast to see up to 7.7% year-on-year revenue growth ...More

Indian IT giant Tata Consultancy Services (TCS) is forecast to see up to 7.7% year-on-year revenue growth in the September quarter, chiefly driven by the BSNL deal. Analysts expect a net profit uptick of 8-10%, with varied growth estimates from different brokerages. ...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

Keeping currency rates constant, it grew by 1.6 per cent, the lowest in two years. ...More

Keeping currency rates constant, it grew by 1.6 per cent, the lowest in two years. ...Less

The stock has lost 12 per cent since October 1, tracking the weakness in broader market. ...More

The stock has lost 12 per cent since October 1, tracking the weakness in broader market. ...Less

Tata Consultancy Services (TCS) has cancelled its planned press conference for Q2 FY26 earnings, schedule ...More

Tata Consultancy Services (TCS) has cancelled its planned press conference for Q2 FY26 earnings, scheduled for October 9. The company cited the date's coincidence with Ratan Tata's anniversary as the reason. While media briefings are dropped, the analyst call will proceed as usual, with market observers expecting no impact on investor sentiment. ...Less

Tata Consultancy Services (TCS) kicks off the Q2 earnings season on Thursday, with brokerages projecting ...More

Tata Consultancy Services (TCS) kicks off the Q2 earnings season on Thursday, with brokerages projecting net profit growth of 3.7%-9.6% YoY, or Rs 12,346–13,058 crore. Revenue is expected to rise 0.7%-2.2% to Rs 64,200–65,700 crore. HDFC Securities is the most conservative on PAT, while Nuvama is the most optimistic, with topline estimates varying across brokerages. ...Less

Revenue of the IT major increased 5.80 per cent to Rs 38,977 crore on a yearly basis. ...More

Revenue of the IT major increased 5.80 per cent to Rs 38,977 crore on a yearly basis. ...Less

The software major declared a second interim dividend of Rs 4 per share for FY2019. ...More

The software major declared a second interim dividend of Rs 4 per share for FY2019. ...Less

Axis Securities expects an earnings recovery in H2 FY26, led by fiscal and monetary reforms, GST cuts, an ...More

Axis Securities expects an earnings recovery in H2 FY26, led by fiscal and monetary reforms, GST cuts, and improved consumption, though Q2 may remain muted. Downgrades hit IT, BFSI, and Pharma, while Cement shows strength. Nuvama warns of global headwinds from US tariffs affecting BSE500 top lines. Investors should monitor global macros, festive demand, and BFSI asset quality. ...Less

India’s largest IT services firm reported second quarter profits growth of 4.9 per cent to Rs 8433 crore, ...More

India’s largest IT services firm reported second quarter profits growth of 4.9 per cent to Rs 8433 crore, and revenue by 3 per cent to Rs 40,135 crore. ...Less

“The rate cycle is going to continue very aggressively and even in this quarter, we will see strong perfo ...More

“The rate cycle is going to continue very aggressively and even in this quarter, we will see strong performances across all the IT companies.” ...Less

On a year-to-date basis, shares of TCS have rallied more than 55 per cent. ...More

On a year-to-date basis, shares of TCS have rallied more than 55 per cent. ...Less

Analysts expect a deceleration in the revenue growth for TCS on a year-on-year basis. ...More

Analysts expect a deceleration in the revenue growth for TCS on a year-on-year basis. ...Less

I do not think there will be a bigger disappointment because I believe TCS is more of an executioner and ...More

I do not think there will be a bigger disappointment because I believe TCS is more of an executioner and performs well off execution. We are expecting around 0.7% of the CC revenue growth and 1.5% of the growth in the rupee terms. ...Less

Ebit margins are seen expanding by 40-125 basis points on sequential basis. ...More

Ebit margins are seen expanding by 40-125 basis points on sequential basis. ...Less

TCS reported Q2 operating margin at 24 per cent while net margin came in at 20.6 per cent. ...More

TCS reported Q2 operating margin at 24 per cent while net margin came in at 20.6 per cent. ...Less

Tata Consultancy Services reported Q2FY26 revenue of Rs 65,799 crore, surpassing estimates, while PAT ros ...More

Tata Consultancy Services reported Q2FY26 revenue of Rs 65,799 crore, surpassing estimates, while PAT rose 1.4% YoY to Rs 12,075 crore. The company announced a Rs 11 interim dividend and highlighted AI infrastructure investments. ...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

The long-term demand story remains intact led by cloud adoption and data analytics across enterprises. De ...More

The long-term demand story remains intact led by cloud adoption and data analytics across enterprises. Deal environment remains strong but there are definite signs of slowdown in deal conversion cycle on account of economic growth concerns in the US and Europe. ...Less

Though the top tier firms have been announcing large deal wins over the past few weeks, brokerages believ ...More

Though the top tier firms have been announcing large deal wins over the past few weeks, brokerages believe they are unlikely to translate into a major change in revenue growth forecast of the Indian IT firms. ...Less

"Air India business has the potential to change the fortunes of TCS India business but it is very hard to ...More

"Air India business has the potential to change the fortunes of TCS India business but it is very hard to go and estimate and put a value on it." ...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

Although the September quarter has been seasonally strong for Indian software exporters, analysts stated ...More

Although the September quarter has been seasonally strong for Indian software exporters, analysts stated this time Q2 earnings are likely to show a continuation of weak demand with macro uncertainty prolonging. ...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

Analysts say while PAT and margins are higher than estimates, revenues are in line with market estimates. ...More

Analysts say while PAT and margins are higher than estimates, revenues are in line with market estimates. ...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

The stock market has been experiencing a notable downturn for the past five days, with the recent week ma ...More

The stock market has been experiencing a notable downturn for the past five days, with the recent week marking the worst performance in over two years. This decline is largely attributed to concerns about rising crude oil prices, driven by tensions in West Asia, and FII shift of funds toward China, perceived as a more cost-effective market. ...Less

ETMarkets.com has analysed companies from the benchmark index that could post a stellar show ...More

ETMarkets.com has analysed companies from the benchmark index that could post a stellar show ...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

TCS will kick off the earnings season on October 10, reporting its Q2 results alongside companies like Ta ...More

TCS will kick off the earnings season on October 10, reporting its Q2 results alongside companies like Tata Elxsi and DMart. Key earnings to watch include TCS’s revenue growth and DMart's significant profit jump in Q1 FY25. Other notable companies reporting include Lotus Chocolates and Anand Rathi Wealth. ...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

The country’s largest software exporter not only advanced the revenue recovery by a quarter and margin ex ...More

The country’s largest software exporter not only advanced the revenue recovery by a quarter and margin expansion by two quarters, but also raised the bar for the peers who would be declaring numbers in the coming weeks. ...Less

As long as TCS holds Rs 1,900 levels, the medium term trend for the stock remains on the upside and inves ...More

As long as TCS holds Rs 1,900 levels, the medium term trend for the stock remains on the upside and investors can look at accumulating the stock on the dips. ...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

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

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

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 is poised to report a modest sequential revenue increase in dollar terms for the September quarter, f ...More

TCS is poised to report a modest sequential revenue increase in dollar terms for the September quarter, following a prior decline. However, operating margins and net profit are anticipated to weaken due to lower employee utilization and the impact of partial salary hikes. Investors will be closely watching for insights into the deal pipeline and future outlook. ...Less

IT stocks have delivered strong returns, with Coforge, LTIMindtree, and Infosys leading the gains over th ...More

IT stocks have delivered strong returns, with Coforge, LTIMindtree, and Infosys leading the gains over the past three months. As Q2FY25 earnings commence, Indian IT companies are expected to show single-digit revenue growth, and brokerages favor Infosys, HCL Technologies, and Persistent Systems. ...Less

"We would like to inform you that at the Board Meeting held today, the Directors have declared a second i ...More

"We would like to inform you that at the Board Meeting held today, the Directors have declared a second interim dividend of Rs 9 per equity share of Rs 1 each," the company said in a filing. ...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

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

Tata Consultancy Services (TCS) has declared a second interim dividend of Rs 10 per share, payable on Nov ...More

Tata Consultancy Services (TCS) has declared a second interim dividend of Rs 10 per share, payable on November 5, 2024, with a record date of October 18, 2024. The announcement followed the release of Q2FY25 earnings, showing a 5% YoY increase in consolidated net profit to Rs 11,909 crore, falling short of analyst estimates. ...Less

TCS will hold a board meeting to take a call on this and will also announce its July-September quarter (Q ...More

TCS will hold a board meeting to take a call on this and will also announce its July-September quarter (Q2FY25) earnings on this day. ...Less

For the quarter, the gross additions stood at 18,654 while the net additions were 10,531. It included aro ...More

For the quarter, the gross additions stood at 18,654 while the net additions were 10,531. It included around 10,205 trainees and 5,764 laterals in India. ...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

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

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

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

About 22 stocks, including HMA Agro Industries, Mangalam Cement, HEG, Hindustan Copper, Motilal Oswal, Ha ...More

About 22 stocks, including HMA Agro Industries, Mangalam Cement, HEG, Hindustan Copper, Motilal Oswal, Hariom Pipe have offered returns between 10-20% during the week. ...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

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

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

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 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

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

TCS reported 26.8% operating margin in the September quarter, 50 basis points higher than that of Infosys ...More

TCS reported 26.8% operating margin in the September quarter, 50 basis points higher than that of Infosys. ...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

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

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

The Q4 results were announced after market hours. TCS shares ended at Rs 3,613 on the NSE and were down b ...More

The Q4 results were announced after market hours. TCS shares ended at Rs 3,613 on the NSE and were down by Rs 15.90 or 0.44% from the previous closing price on Tuesday. ...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

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, along with Anand Rathi and Evoq Remedies, will report Q4 results today, with analysts forecasting mu ...More

TCS, along with Anand Rathi and Evoq Remedies, will report Q4 results today, with analysts forecasting muted earnings growth across sectors, including a mid-single-digit revenue rise for TCS. Despite growth in BFSI, the company faces challenges from declining BSNL project contributions and uncertain macro conditions, including the impact of US tariffs. ...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

After falling 3.66 per cent to Rs 2,428.05 in intra-day trade, shares of the company finally ended at Rs ...More

After falling 3.66 per cent to Rs 2,428.05 in intra-day trade, shares of the company finally ended at Rs 2,441.90, down 3.11 per cent on BSE. ...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

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