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Tejas Networks trades higher on getting mobilization advance of Rs 750 crore from TCS Tejas Networks is currently trading at Rs. 903.50, up by 10.15 points or 1.14% from its previous closing of Rs. 893.35 on the BSE. The scrip opened at Rs. 926.00 and has touched a high and low of Rs. 935.00 and Rs. 896.80 respectively. So far 42654 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 935.00 on 08-Sep-2023 and a 52 week low of Rs. 510.05 on 30-Jan-2023. Last one week high and low of the scrip stood a...
Tejas Networks trades higher on getting mobilization advance of Rs 750 crore from TCS
Tejas Networks trades higher on getting mobilization advance of Rs 750 crore from TCS
Source: Accord Fintech
8/09/2023 11:24:11 AM
Stock Picks : TCS Ltd And Chambal Fertiliser Ltd By ICICI Direct TCS Ltd Buy TCS Ltd  @3449-3453; Target 3497.00; Stop Loss 3431.00   Chambal Fertiliser Ltd Buy Chambal Fertiliser Ltd  @286.90-287.50; Target 291.50; Stop Loss 285.40   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the author and not of the website kin...
Stock Picks : TCS Ltd And Chambal Fertiliser Ltd By ICICI Direct
Stock Picks : TCS Ltd And Chambal Fertiliser Ltd By ICICI Direct
Source: ICICI Direct
8/09/2023 11:05:14 AM
TCS rises on entering into strategic partnership with Digital unit of JLR Tata Consultancy Services is currently trading at Rs. 3445.00, up by 15.15 points or 0.44% from its previous closing of Rs. 3429.85 on the BSE. The scrip opened at Rs. 3445.95 and has touched a high and low of Rs. 3451.95 and Rs. 3423.00 respectively. So far 26365 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS rises on entering into strategic partnership with Digital unit of JLR
TCS rises on entering into strategic partnership with Digital unit of JLR
Source: Accord Fintech
7/09/2023 3:43:34 PM
TCS inks $1 bn deal with Jaguar to build future-ready digital services Software major Tata Consultancy Services (TCS) on Wednesday announced that it has inked a nearly $1 billion (800 million pounds) deal with the Jaguar Land Rover (JLR) to transform, simplify, and help manage its digital estate and build a new future-ready, strategic technology architecture. TCS will use its contextual knowledge, deep domain expertise, proprietary platforms, vast partner ecosystem, and future-ready talent pool to assist JLR in improving its digital capacity, transforming, si...
TCS inks $1 bn deal with Jaguar to build future-ready digital services
TCS inks $1 bn deal with Jaguar to build future-ready digital services
Source: IANS
7/09/2023 10:33:00 AM
Stock Picks : Tata Consultancy Services Ltd And Aurobindo Pharma Ltd By ICICI Direct Tata Consultancy Services Ltd Buy Tata Consultancy Services Ltd @3419-3423; Target 3457.00; Stop Loss 3403.00   Aurobindo Pharma Ltd Buy Aurobindo Pharma Ltd @ 848-850; Target 859.80; Stop Loss 843.80   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the author and...
Stock Picks : Tata Consultancy Services Ltd And Aurobindo Pharma Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd And Aurobindo Pharma Ltd By ICICI Direct
Source: ICICI Direct
6/09/2023 10:56:31 AM
TCS gains on partnering with Lantmannen Ekonomisk Forening Tata Consultancy Services is currently trading at Rs. 3428.60, up by 10.75 points or 0.31% from its previous closing of Rs. 3417.85 on the BSE. The scrip opened at Rs. 3417.85 and has touched a high and low of Rs. 3447.00 and Rs. 3406.00 respectively. So far 36146 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS gains on partnering with Lantmannen Ekonomisk Forening
TCS gains on partnering with Lantmannen Ekonomisk Forening
Source: Accord Fintech
5/09/2023 2:43:18 PM
TCS moves up on expanding partnership with Athora Netherlands Tata Consultancy Services is currently trading at Rs. 3387.95, up by 30.90 points or 0.92% from its previous closing of Rs. 3357.05 on the BSE. The scrip opened at Rs. 3359.05 and has touched a high and low of Rs. 3389.00 and Rs. 3357.05 respectively. So far 21730 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS moves up on expanding partnership with Athora Netherlands
TCS moves up on expanding partnership with Athora Netherlands
Source: Accord Fintech
1/09/2023 12:52:42 PM
Stock Picks : Tata Consultancy Services Ltd And Bandhan Bank Ltd By ICICI Direct Tata Consultancy Services Ltd Buy Tata Consultancy Services Ltd @3398-3402; Target 3447.00; Stop Loss 3374.80   Bandhan Bank Ltd Buy Bandhan Bank Ltd @ 237.20-237.60; Target 240.80; Stop Loss 235.70   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the au...
Stock Picks : Tata Consultancy Services Ltd And Bandhan Bank Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd And Bandhan Bank Ltd By ICICI Direct
Source: ICICI Direct
24/08/2023 10:53:55 AM
Tata Consultancy Services trades higher on the BSE Tata Consultancy Services is currently trading at Rs. 3515.50, up by 23.55 points or 0.67% from its previous closing of Rs. 3491.95 on the BSE. The scrip opened at Rs. 3486.00 and has touched a high and low of Rs. 3517.00 and Rs. 3464.00 respectively. So far 62038 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
Tata Consultancy Services trades higher on the BSE
Tata Consultancy Services trades higher on the BSE
Source: Accord Fintech
18/07/2023 2:44:26 PM
India`s Infosys signs five-year AI deal with $2bln target spend India's second-largest software services exporter Infosys said on Tuesday it has signed a deal with an existing client to provide Artificial Intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion. AI and automation-related development, modernization and maintenance services are included in the agreement, the company said in an exchange filing. The company did not disclose the client's name. As Microsoft-backed Ope...
India`s Infosys signs five-year AI deal with $2bln target spend
India`s Infosys signs five-year AI deal with $2bln target spend
Source: Reuters
18/07/2023 9:16:11 AM
Sensex closes above 66K, Nifty touches new high intraday A sharp rally in IT stocks powered the Sensex to close above the 66,000-mark for the first time ever on Friday. IT heavyweights led the rally as the BSE Sensex closed at 66,060, up 502 points. Among IT heavyweights, TCS was up 5.1 per cent, Tech Mahindra was up 4.4 per cent, while Infosys was up 4.4 per cent. HCL Tech was up 3.8 per cent, while Wipro was up 2.6 per cent. Vinod Nair, Head of Research at Geojit Financial Services, said that controlled inflation in the US has instill...
Sensex closes above 66K, Nifty touches new high intraday
Sensex closes above 66K, Nifty touches new high intraday
Source: IANS
14/07/2023 5:04:59 PM
Buy Tata Consultancy Services Ltd For Target Rs.3,882 - Religare Broking Ltd Revenue in-line with expectations: TCS Q1FY24 revenue was in-line with our expectations. Rupee revenue came in at Rs 59,381cr, up by 0.4% QoQ and 12.6% YoY and revenue in USD was 7,226mn, up by 0.4% QoQ and 6.6% YoY. While growth in constant currency was flat QoQ and grew by 7% YoY. Amongst geographies, In terms of CC, the growth was mainly driven by the UK with 16.1% growth YoY followed by India, Latin America and Middle East with 14%, 13.5% and 15.2%, respectively. Amongst verticals, growth...
Buy Tata Consultancy Services Ltd For Target Rs.3,882 - Religare Broking Ltd
Buy Tata Consultancy Services Ltd For Target Rs.3,882 - Religare Broking Ltd
Source: Religare Broking Ltd
14/07/2023 2:06:51 PM
Buy Tata Consultancy Services Ltd For Target Rs.3,780 - ICICI Securities Ltd Q1FY24 performance: Tata Consultancy Services (TCS) reported revenues of US$7,226mn (flat QoQ CC, +7% YoY CC, +0.4% QoQ USD), a tad below our and consensus estimates of +0.2% QoQ CC. Soft revenue growth during the quarter was due to growing caution among clients resulting in deferment of discretionary spends. EBIT margin came in at 23.2% (-130bps QoQ), slightly lower than our/consensus expectations of 23.6%/23.5%. Margins were impacted to the extent of 200bps from wage hikes, which was partia...
Buy Tata Consultancy Services Ltd For Target Rs.3,780 - ICICI Securities Ltd
Buy Tata Consultancy Services Ltd For Target Rs.3,780 - ICICI Securities Ltd
Source: ICICI Securities Ltd
14/07/2023 12:32:05 PM
India's Wipro flags uncertain demand, sees muted Q2 IT services rev India's Wipro on Thursday joined some of its larger peers in flagging an uncertain demand environment as clients cut spending, and forecast revenue from IT services would remain largely flat for the current quarter. The Bengaluru-based company said its second-quarter IT services revenue, which accounts for the majority of overall revenue, could range between $2.72 billion and $2.81 billion in constant currency terms, compared with $2.8 billion a year ago. The muted forecast comes on...
India's Wipro flags uncertain demand, sees muted Q2 IT services rev
India's Wipro flags uncertain demand, sees muted Q2 IT services rev
Source: Reuters
13/07/2023 8:00:29 PM
Bank stocks selloff drags down Nifty from all-time high The Nifty reached a new record high of 19,567 intraday on Thursday, but couldn't hold on due to selling pressure, resulting in a significant decline by the end of the day, said Rupak De, senior technical analyst at LKP Securities. Vikram Kasat, head advisory, Prabhudas Lilladher, said Nifty Index made a higher high in Thursday’s session, whereas the BankNifty Index is still significantly below the previous high, leading to inter-market divergence in the short term. PSU banks s...
Bank stocks selloff drags down Nifty from all-time high
Bank stocks selloff drags down Nifty from all-time high
Source: IANS
13/07/2023 3:25:50 PM
Buy Tata Consultancy Services Ltd For Target Rs.3,882 - Religare Broking Ltd Revenue in-line with expectations: TCS Q1FY24 revenue was in-line with our expectations. Rupee revenue came in at Rs 59,381cr, up by 0.4% QoQ and 12.6% YoY and revenue in USD was 7,226mn, up by 0.4% QoQ and 6.6% YoY. While growth in constant currency was flat QoQ and grew by 7% YoY. Amongst geographies, In terms of CC, the growth was mainly driven by the UK with 16.1% growth YoY followed by India, Latin America and Middle East with 14%, 13.5% and 15.2%, respectively. Amongst verticals, growth...
Buy Tata Consultancy Services Ltd For Target Rs.3,882 - Religare Broking Ltd
Buy Tata Consultancy Services Ltd For Target Rs.3,882 - Religare Broking Ltd
Source: Religare Broking Ltd
13/07/2023 12:43:07 PM
Add Tata Consultancy Services Ltd For Target Rs.3,627 - Yes Securities Ltd Result Synopsis Tata Consultancy Services(TCS) reported operating performance that was inline with estimates. It reported USD revenue growth of 0.4% QoQ (flat QoQ in cc terms); while INR reported growth was 0.4% QoQ. The revenue growth was led by strong performance in Manufacturing (up 9.4% YoY cc terms) and Life Sciences & Healthcare (up 10.1% YoY cc terms. EBIT margin was down 132 bps QoQ to 23.2% led by impact from wage hike in the quarter. LTM attrition was down 230bps QoQ to 17.8%. ...
Add Tata Consultancy Services Ltd For Target Rs.3,627 - Yes Securities Ltd
Add Tata Consultancy Services Ltd For Target Rs.3,627 - Yes Securities Ltd
Source: Yes Securities Ltd
13/07/2023 12:11:42 PM
Buy Tata Consultancy Services Ltd For Target Rs.3,790 - Motilal Oswal Financial Services Ltd * TCS reported in-line revenue of USD7.2b in 1QFY24, flat QoQ in constant currency (CC) and a tad below our estimate of 0.3% CC. Revenue growth was affected by broad-based demand weakness across key verticals (BFSI) and geographies (US). The management indicated that a demand slowdown due to macro concerns is leading to reprioritization of deals, which is resulting in pauses and deferrals in non-critical projects. While the deal pipeline and deal wins (Q1 deal TCV of USD10.2b, book-to-bill at...
Buy Tata Consultancy Services Ltd For Target Rs.3,790 - Motilal Oswal Financial Services Ltd
Buy Tata Consultancy Services Ltd For Target Rs.3,790 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
13/07/2023 11:00:31 AM
TCS closes Q1 with 16.8% higher net, declares interim dividend of Rs 9 per share Software major Tata Consultancy Services Ltd (TCS) on Wednesday said it closed the first quarter of 2023-24 with 16.8 per cent growth in net profit. The Board of Directors have declared an interim dividend of Rs 9 per equity share of Re1 each. In a regulatory filing, the company said it had posted a total revenue of Rs 59,381 crore (previous year Rs 52,758 crore) and a net profit of Rs 11,074 crore (Rs 9,478 crore). Expressing satisfaction on the results of the first quarter, Chief E...
TCS closes Q1 with 16.8% higher net, declares interim dividend of Rs 9 per share
TCS closes Q1 with 16.8% higher net, declares interim dividend of Rs 9 per share
Source: IANS
13/07/2023 9:35:22 AM
India's TCS posts 17% rise in Q1 profit, beats view on deal wins Tata Consultancy Services, India's No.1 software services exporter, reported a better-than-expected 16.8% rise in quarterly profit on Wednesday, helped by large order wins. Consolidated net profit rose to 110.74 billion rupees ($1.35 billion) in the first quarter that ended on June 30, from 94.78 billion rupees in the year-ago period. Analysts on average had expected a profit of 109.04 billion rupees, according to Refinitiv IBES data. TCS is the first among its peers to report qu...
India's TCS posts 17% rise in Q1 profit, beats view on deal wins
India's TCS posts 17% rise in Q1 profit, beats view on deal wins
Source: Reuters
12/07/2023 5:19:42 PM
Wipro inches up on launching Wipro ai360 Wipro is currently trading at Rs. 392.60, up by 0.20 points or 0.05% from its previous closing of Rs. 392.40 on the BSE. The scrip opened at Rs. 394.40 and has touched a high and low of Rs. 394.40 and Rs. 391.30 respectively. So far 76344 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 444.65 on 17-Aug-2022 and a 52 week low of Rs. 351.85 on 17-Apr-2023. Last one week high and low of the scrip stood at Rs. 397.3...
Wipro inches up on launching Wipro ai360
Wipro inches up on launching Wipro ai360
Source: Reuters
12/07/2023 9:44:04 AM
India's TCS to upskill 25,000 engineers on Microsoft`s Azure Open AI  Indian information technology (IT) company Tata Consultancy Services on Thursday said it plans to train 25,000 engineers to get them certified on Microsoft's Azure Open AI. The company also launched its new Generative AI Enterprise adoption offering for clients, making a bet on the rapidly growing artificial intelligence space.
India's TCS to upskill 25,000 engineers on Microsoft`s Azure Open AI
India's TCS to upskill 25,000 engineers on Microsoft`s Azure Open AI
Source: Reuters
6/07/2023 12:20:41 PM
Stock Picks : TCS Ltd and Reliance Industries Ltd By ICICI Direct TCS Ltd Buy TCS Ltd @3290-3294; Target 3334.00; Stop Loss 3269.20   Reliance Industries Ltd Buy Reliance Industries Ltd @2586-2589; Target 2619.00; Stop Loss 2574.00     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views a...
Stock Picks : TCS Ltd and Reliance Industries Ltd By ICICI Direct
Stock Picks : TCS Ltd and Reliance Industries Ltd By ICICI Direct
Source: ICICI Direct
5/07/2023 10:19:41 AM
Statement on TCS announcement by Mr. Mahesh Iyer, Thomas Cook (India) Limited Below the Quote Statement on TCS announcement Mr. Mahesh Iyer – Executive Director & Chief Executive Officer, Thomas Cook (India) Limited   On behalf the Travel Services Industry, we welcome the Government’s announcement to defer the proposed increase in the TCS rate for remittances under LRS to Oct 1, 2023. We appreciate the Government’s initiative that will help create a level playing field - taking on board inputs from relevant stakeholders, inclu...
Statement on TCS announcement by Mr. Mahesh Iyer, Thomas Cook (India) Limited
Statement on TCS announcement by Mr. Mahesh Iyer, Thomas Cook (India) Limited
Source: PR Agency
29/06/2023 3:15:34 PM
TCS trades higher on the BSE Tata Consultancy Services is currently trading at Rs 3218.00, up by 21.40 points or 0.67% from its previous closing of Rs 3196.60 on the BSE. The scrip opened at Rs. 3203.05 and has touched a high and low of Rs. 3218.00 and Rs. 3193.20 respectively. So far 11861 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of th...
TCS trades higher on the BSE
TCS trades higher on the BSE
Source: Accord Fintech
28/06/2023 12:09:47 PM
TCS bags $1.1 bn deal to digitally transform UK's Employment Savings Trust Tata Consultancy Services (TCS) and National Employment Savings Trust (Nest), the UK's largest workplace pension scheme, on Wednesday announced the expansion of their long-standing partnership in a 840 million pounds ($1.1 billion) deal to focus on digitally transforming Nest's scheme administration services. The deal, over an initial tenure of 10 years, is also meant to deliver enhanced member experiences and expand the scheme's mission of delivering better retirement outcomes...
TCS bags $1.1 bn deal to digitally transform UK's Employment Savings Trust
TCS bags $1.1 bn deal to digitally transform UK's Employment Savings Trust
Source: IANS
22/06/2023 9:06:20 AM
Stock Picks : Tata Consultancy Services Ltd and Mahindra &Mahindra Financial Services Ltd By ICICI Direct Tata Consultancy Services Ltd Buy Tata Consultancy Services Ltd @3246-3250 CMP 3246.90; Target 3286.00; Stop Loss 3229.00   Mahindra &Mahindra Financial Services Ltd Buy Mahindra &Mahindra Financial Services Ltd @290-290.50 CMP 290.10; Target 294.80; Stop Loss 287.90   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer...
Stock Picks : Tata Consultancy Services Ltd and Mahindra &Mahindra Financial Services Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd and Mahindra &Mahindra Financial Services Ltd By ICICI Direct
Source: ICICI Direct
13/06/2023 11:00:21 AM
Stock Picks : Tata Consultancy Services Ltd and Canara Bank Ltd By ICICI Direct Tata Consultancy Services Ltd Buy Tata Consultancy Services Ltd  @3306-3310 CMP 3305.60; Target 3356.00; Stop Loss 3285.30   Canara Bank Ltd Buy Canara Bank Ltd @313.30-314.30 CMP 313.75; Target 319.30; Stop Loss 311.40   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ00...
Stock Picks : Tata Consultancy Services Ltd and Canara Bank Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd and Canara Bank Ltd By ICICI Direct
Source: ICICI Direct
5/06/2023 10:48:21 AM
Stock Picks : Tata Consultancy Services Ltd and Axis Bank Ltd By ICICI Direct Tata Consultancy Services Buy Tata Consultancy Services Ltd @3337-3341 CMP 3328.90; Target 3389.80; Stop Loss 3315.70   Axis Bank Ltd Buy Axis Bank Ltd @927-929 CMP 926.95; Target 944.80; Stop Loss 920.70   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ00...
Stock Picks : Tata Consultancy Services Ltd and Axis Bank Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd and Axis Bank Ltd By ICICI Direct
Source: ICICI Direct
29/05/2023 9:52:46 AM
TCS trades slightly higher on the BSE TCS is currently trading at Rs. 3299.30, up by 3.60 points or 0.11% from its previous closing of Rs. 3295.70 on the BSE. The scrip opened at Rs. 3268.00 and has touched a high and low of Rs. 3317.35 and Rs. 3268.00 respectively. So far 8260 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of the scrip stood at Rs. 3...
TCS trades slightly higher on the BSE
TCS trades slightly higher on the BSE
Source: Accord Fintech
24/05/2023 2:43:19 PM
TCS rises on entering into partnership with Jaguar Land Rover Tata Consultancy Services is currently trading at Rs. 3320.65, up by 22.70 points or 0.69% from its previous closing of Rs. 3297.95 on the BSE. The scrip opened at Rs. 3308.00 and has touched a high and low of Rs. 3328.95 and Rs. 3294.20 respectively. So far 15081 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS rises on entering into partnership with Jaguar Land Rover
TCS rises on entering into partnership with Jaguar Land Rover
Source: Accord Fintech
23/05/2023 11:21:10 AM
TCS partners Google Cloud to launch next-gen generative AI offering Tata Consultancy Services (TCS) on Monday announced an expanded partnership with Google Cloud, with launching 'TCS Generative AI' which leverages Google Cloud's generative AI services to design and deploy custom-tailored business solutions. This new offering is powered by Google Cloud's Generative AI tools -- Vertex AI, Generative AI Application Builder and Model Garden, and TCS' own solutions. TCS has developed a large portfolio of AI-powered solutions and intellect...
TCS partners Google Cloud to launch next-gen generative AI offering
TCS partners Google Cloud to launch next-gen generative AI offering
Source: IANS
22/05/2023 3:51:08 PM
TCS climbs on expanding partnership with Google Cloud Tata Consultancy Services is currently trading at Rs. 3292.15, up by 70.40 points or 2.19% from its previous closing of Rs. 3221.75 on the BSE. The scrip opened at Rs. 3222.85 and has touched a high and low of Rs. 3298.00 and Rs. 3218.15 respectively. So far 29403 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS climbs on expanding partnership with Google Cloud
TCS climbs on expanding partnership with Google Cloud
Source: Accord Fintech
22/05/2023 3:13:13 PM
India`s TCS receives $1.83 billion-worth advance purchase order from BSNL  A woman speaks on her mobile phone in front of the logo of Bharat Sanchar Nigam Ltd (BSNL) painted on a wall outside its office in Kolkata, India, August 24, 2017. Picture taken August 24, 2017. REUTERS/Rupak De Chowdhuri The Indian government-owned telecom major Bharat Sanchar Nigam Ltd (BSNL) has awarded the order for deployment of 4G network across the country to a Tata Consultancy Services Ltd (TCS)-led consortium. In a regulatory filing, the TCS said: "The consortium led...
India`s TCS receives $1.83 billion-worth advance purchase order from BSNL
India`s TCS receives $1.83 billion-worth advance purchase order from BSNL
Source: IANS
22/05/2023 12:03:42 PM
TCS trades higher on the BSE Tata Consultancy Services is currently trading at Rs. 3221.60, up by 21.65 points or 0.68% from its previous closing of Rs. 3199.95 on the BSE. The scrip opened at Rs. 3204.00 and has touched a high and low of Rs. 3233.95 and Rs. 3202.10 respectively. So far 28399 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS trades higher on the BSE
TCS trades higher on the BSE
Source: Accord Fintech
19/05/2023 2:33:00 PM
Stock Picks : TCS Ltd and India Cement Ltd By ICICI Direct TCS Ltd Buy TCS Ltd @3228.00-3234.00 CMP 3230.70; Target 3278.00; Stop Loss 3198.30   India Cement Ltd Buy India Cement Ltd @190.30-190.80 CMP 191.20; Target 193.50; Stop Loss 188.60   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   A...
Stock Picks : TCS Ltd and India Cement Ltd By ICICI Direct
Stock Picks : TCS Ltd and India Cement Ltd By ICICI Direct
Source: ICICI Direct
8/05/2023 10:57:55 AM
Indian firms tread with caution but are fast catching up with ChatGPT As artificial general intelligence (AGI) continues to carry out specific tasks such as language translation and data analysis for companies, Indian enterprises and startups are also bullish on the AI technology but are weighing its pros and cons before they implement it in their products for customers. Tata Consultancy Services (TCS), Infosys, Wipro, HCL Tech and Tech Mahindra, among others, have placed a big bet on AI. While TCS is likely to have a centre of excellence around generativ...
Indian firms tread with caution but are fast catching up with ChatGPT
Indian firms tread with caution but are fast catching up with ChatGPT
Source: IANS
7/05/2023 5:23:09 PM
While most global equity markets are rising 5-20% in 2023, India is flat The Nifty, after a weak run in the last four months, bounced back in April with 4.1 per cent MoM gain, Motilal Oswal Financial Services said in a report. Notably, the index was extremely volatile and swung around 776 points before closing 705 points higher. Nifty50 has been underperforming the emerging markets and the world indices in CY23YTD amid varied global macro headwinds viz., inflation, interest rates, and currency, the report said. While most of the global equity markets are ris...
While most global equity markets are rising 5-20% in 2023, India is flat
While most global equity markets are rising 5-20% in 2023, India is flat
Source: IANS
3/05/2023 11:35:24 AM
India`s Coforge revenue forecast outpaces larger peers, shares rise Indian IT services provider Coforge Ltd's fourth-quarter revenue and its revenue growth forecast for fiscal year 2024 were roughly in line with analysts estimates, in contrast to weaker-than-expected outlooks from its bigger peers. Coforge's shares were up 1.4% in midday trading on Thursday, compared with a 0.8% rise in the Nifty IT index, while the benchmark Nifty 50 index was up 0.18%. The top three Indian IT firms – Tata Consultancy Services Ltd, Infosys Ltd and HCL Tec...
India`s Coforge revenue forecast outpaces larger peers, shares rise
India`s Coforge revenue forecast outpaces larger peers, shares rise
Source: Reuters
27/04/2023 1:02:41 PM
Nasscom appoints Microsoft India President Anant Maheshwari as Chairperson IT industry's apex trade body Nasscom on Tuesday announced the appointment of Anant Maheshwari, President, Microsoft India as its chairperson for 2023-24. Nasscom also announced the appointment of Rajesh Nambiar, Chairman and MD, Cognizant India as its Vice Chairperson for the same time frame. Maheshwari takes on the new role from his previous role as Vice Chairperson succeeding Krishnan Ramanujam, President, Business and Technology Services, Tata Consultancy Services. In additio...
Nasscom appoints Microsoft India President Anant Maheshwari as Chairperson
Nasscom appoints Microsoft India President Anant Maheshwari as Chairperson
Source: IANS
25/04/2023 4:18:39 PM
TCS rises on extending partnership with Marks and Spencer plc Tata Consultancy Services is currently trading at Rs. 3182.05, up by 7.90 points or 0.25% from its previous closing of Rs. 3174.15 on the BSE. The scrip opened at Rs. 3180.00 and has touched a high and low of Rs. 3189.40 and Rs. 3148.90 respectively. So far 14819 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3621.95 on 29-Apr-2022 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of t...
TCS rises on extending partnership with Marks and Spencer plc
TCS rises on extending partnership with Marks and Spencer plc
Source: Accord Fintech
25/04/2023 12:33:14 PM
TCS best place to work in India, esports platforms make it to top list Tata Consultancy Services (TCS) has emerged as the top company among the best places to work in India this year, followed by Amazon and Morgan Stanley, a LinkedIn report said on Wednesday. For the first time, companies such as Dream11 (20th) and Games24x7 (24the) from esports and gaming made it to the list, which is reflective of the growing popularity of gaming and the presence of this sector. There has been an emergence of new players, with 17 out of 25 companies debuting in the list,...
TCS best place to work in India, esports platforms make it to top list
TCS best place to work in India, esports platforms make it to top list
Source: IANS
19/04/2023 10:46:04 AM
Buy Tata Consultancy Services Ltd For Target Rs 3,242 - ICICI Securities Q4FY23 performance: Tata Consultancy Services (TCS) reported revenues of US$7,195mn, +0.6% QoQ CC, +1.7% QoQ USD, above our estimate of +0.1% QoQ CC, but lower than consensus expectations of ~0.9% QoQ CC. Soft revenue growth during the quarter was due to pause in discretionary spends. EBIT margin came in at 24.5%, flat QoQ, lower than our and consensus expectations of 25% due to higher onsite manpower costs led by replacement of subcontractors and additional onsite hiring. Plus, likely unanti...
Buy Tata Consultancy Services Ltd For Target Rs 3,242 - ICICI Securities
Buy Tata Consultancy Services Ltd For Target Rs 3,242 - ICICI Securities
Source: ICICI Securities
13/04/2023 12:17:26 PM
Add Tata Consultancy Services Ltd For Target Rs.3,676 - Yes Securities Result Synopsis Tata Consultancy Services(TCS) reported operating performance that was slightly below estimates. It reported USD revenue growth of 1.7% QoQ, which had around 100bps of cross currency tailwind in the quarter; while INR reported growth was 1.6% QoQ. Therevenue growth was led by strong performance in Retail and CPG vertical(up 22.9% YoY). EBIT margin was flat QoQ at 24.5% as potential margin tailwind on account of falling attrition and improving pyramid got offset by higher on...
Add Tata Consultancy Services Ltd For Target Rs.3,676 - Yes Securities
Add Tata Consultancy Services Ltd For Target Rs.3,676 - Yes Securities
Source: Yes Securities
13/04/2023 11:55:42 AM
Buy Tata Consultancy Services Ltd For Target Rs 3,860 - Motilal Oswal Financial Services Margin gain to add to earnings growth; reiterate BUY * TCS reported revenue of USD7.20b in 4QFY23, up ~0.6% QoQ in constant currency (CC) terms and 30bp below our estimates. Revenue growth was affected by a slowdown in the BFSI vertical in the second half of the quarter. TCS indicated a demand slowdown in key verticals, primarily in discretionary spends, while cost efficiency spends remained robust. Q4 deal TCV was strong at USD10.0b (up 28% QoQ, book-to-bill ratio at 1.4x), bringing FY23 ...
Buy Tata Consultancy Services Ltd For Target Rs 3,860 - Motilal Oswal Financial Services
Buy Tata Consultancy Services Ltd For Target Rs 3,860 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
13/04/2023 11:34:38 AM
TCS closes FY23 with Rs 42,147 crore profit Software major Tata Consultancy Services Ltd (TCS) on Wednesday said it had closed FY23 with a revenue of Rs 225,458 crore and a net profit of Rs 42,147 crore. The company Board at its meeting has recommended a final dividend of Rs.24 per equity share of Re 1 each for FY23. For the fourth quarter of FY23, TCS had logged a revenue of Rs 59,162 crore and a net profit of Rs 11,392 crore. At the year end, TCS had a head count of 614,795 with the software employees attrition rate of 20.1 ...
TCS closes FY23 with Rs 42,147 crore profit
TCS closes FY23 with Rs 42,147 crore profit
Source: IANS
13/04/2023 9:10:31 AM
India`s TCS beats Q4 profit view as deal momentum intact Tata Consultancy Services Ltd on Wednesday reported a bigger-than-expected rise in fourth-quarter profit as India's top IT exporter saw firm demand for digital services despite a challenging macroeconomic backdrop. The company's net profit rose 14.8% to 113.92 billion rupees ($1.39 billion) in the three months ended March 31, from 99.26 billion rupees a year earlier. Analysts on average had expected a profit of 110.13 billion rupees, according to Refinitiv IBES data. TCS is t...
India`s TCS beats Q4 profit view as deal momentum intact
India`s TCS beats Q4 profit view as deal momentum intact
Source: Reuters
12/04/2023 5:40:23 PM
High Conviction Idea : Buy Tata Consultancy Services Ltd For Target Rs. 3,882 - Religare Broking Ltd Company Background: Tata Consultancy Services (TCS) is a part of the Tata group and India's largest multinational business group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. Regions & Verticals wi...
High Conviction Idea : Buy Tata Consultancy Services Ltd For Target Rs. 3,882 - Religare Broking Ltd
High Conviction Idea : Buy Tata Consultancy Services Ltd For Target Rs. 3,882 - Religare Broking Ltd
Source: Religare Broking Ltd
22/03/2023 4:12:28 PM