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TCS inches up on partnering with Landis+Gyr Tata Consultancy Services is currently trading at Rs. 4459.00, up by 2.05 points or 0.05% from its previous closing of Rs. 4456.95 on the BSE. The scrip opened at Rs. 4449.00 and has touched a high and low of Rs. 4493.80 and Rs. 4394.70 respectively. So far 116365 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4585.90 on 02-Sep-2024 and a 52 week low of Rs. 3,593.30 on 04-Jun-2024. Last one week high and low of...
TCS inches up on partnering with Landis+Gyr
TCS inches up on partnering with Landis+Gyr
Source: Accord Fintech
2024-12-13 03:55:58 pm
TCS gains on extending partnership with Telenor Denmark Tata Consultancy Services is currently trading at Rs. 4468.45, up by 40.90 points or 0.92 % from its previous closing of Rs. 4427.55 on the BSE. The scrip opened at Rs. 4444.95 and has touched a high and low of Rs. 4484.95 and Rs. 4427.00 respectively. So far 67180 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4585.90 on 02-Sep-2024 and a 52 week low of Rs. 3563.05 on 13-Dec-2023. Last one week high and low of...
TCS gains on extending partnership with Telenor Denmark
TCS gains on extending partnership with Telenor Denmark
Source: Accord Fintech
2024-12-12 02:22:08 pm
TCS inks 5-year deal with Telenor Denmark to deliver IT infra services IT major Tata Consultancy Services (TCS) on Thursday said it has extended partnership with Telenor Denmark (TnDK), the second largest mobile operator in the Danish market, to deliver IT infrastructure services.  The extended partnership will see TCS manage the telecom operator’s IT infrastructure with an automation-first delivery approach. Over the past six years, TCS has deployed its ‘Machine First Delivery Model’ to modernise the IT infrastructure of TnDK, which...
TCS inks 5-year deal with Telenor Denmark to deliver IT infra services
TCS inks 5-year deal with Telenor Denmark to deliver IT infra services
Source: IANS
2024-12-12 12:11:44 pm
Mcap of six of top-10 most valued firms surges Rs 2.03 lakh crore, TCS biggest winner  The combined market valuation of six of the top-10 most valued firms surged Rs 2.03 lakh crore last week as the Indian stock market ended with gains.  In the trading session from December 2 to December 6, Nifty closed at 24,677 with a gain of 2.27 per cent or 546 points and Sensex closed at 81,709 with a gain of 2.39 per cent or 1,906 points. This was the third consecutive week when the stock market closed in the green. Among the top 10, Tata Consultancy Services (TCS), HD...
Mcap of six of top-10 most valued firms surges Rs 2.03 lakh crore, TCS biggest winner
Mcap of six of top-10 most valued firms surges Rs 2.03 lakh crore, TCS biggest winner
Source: IANS
2024-12-08 05:26:12 pm
TCS rises on partnering with Bank of Bhutan to modernize digital core, enhance customer experience Tata Consultancy Services is currently trading at Rs. 4320.35, up by 47.40 points or 1.11% from its previous closing of Rs. 4272.95 on the BSE. The scrip opened at Rs. 4300.00 and has touched a high and low of Rs. 4325.50 and Rs. 4266.55 respectively. So far 18800 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4585.90 on 02-Sep-2024 and a 52 week low of Rs. 3499.00 on 04-Dec-2023. Last one week high and low of ...
TCS rises on partnering with Bank of Bhutan to modernize digital core, enhance customer experience
TCS rises on partnering with Bank of Bhutan to modernize digital core, enhance customer experience
Source: Accord Fintech
2024-12-03 03:16:29 pm
TCS surges on extending contract with SPARSH Tata Consultancy Services is currently trading at Rs. 4341.00, up by 25.90 points or 0.60% from its previous closing of Rs. 4315.10 on the BSE. The scrip opened at Rs. 4286.85 and has touched a high and low of Rs. 4351.00 and Rs. 4286.85 respectively. So far 57988 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4585.90 on 02-Sep-2024 and a 52 week low of Rs. 3431.60 on 28-Nov-2023. Last one week high and low of ...
TCS surges on extending contract with SPARSH
TCS surges on extending contract with SPARSH
Source: Accord Fintech
2024-11-26 03:09:20 pm
AndhraPradedsh sets target of 5 lakh jobs in IT sector in 5 years: Nara Lokesh The Andhra Pradesh government is working to create an ecosystem for Information Technology companies with the target of providing five lakh jobs in the sector over the next five years, Minister for Education, IT, and Electronics Nara Lokesh said on Thursday.  He told the Assembly during question hour that the Tata Consultancy Services (TCS) will set up its unit in Visakhapatnam soon and was confident that the company would begin its operations in three months.  He said during ...
AndhraPradedsh sets target of 5 lakh jobs in IT sector in 5 years: Nara Lokesh
AndhraPradedsh sets target of 5 lakh jobs in IT sector in 5 years: Nara Lokesh
Source: IANS
2024-11-22 09:08:45 am
TCS inks multi-year deal to make Air France-KLM leading data-driven airline Tata Consultancy Services (TCS) on Thursday said it has signed a multi-year deal with Air France-KLM to help it become the leading data-centric airline group in the world.  Over the next three years, TCS will modernise the airline group's data by moving it to cloud, promoting the next generation of data-driven aviation. The shift will help Air France-KLM exit data centres and harness the strength of the cloud, supporting a sustainable and adaptive aviation industry, said the In...
TCS inks multi-year deal to make Air France-KLM leading data-driven airline
TCS inks multi-year deal to make Air France-KLM leading data-driven airline
Source: IANS
2024-11-07 11:46:50 am
Comment on Trump`s re-election can benefit the manufacturing, IT, telecom and defense sector in India by Pranay Aggarwal, CEO, Stoxkart Below the Comment on Trump`s re-election can benefit the manufacturing, IT, telecom and defense sector in India by Pranay Aggarwal, CEO, Stoxkart   Trump has been strongly vocal about reducing US dependence on China which can generate opportunities for Indian manufacturers and IT services. Additionally, his objective to strengthen manufacturing in the US could encourage large US companies to set up production in India. He has proposed to reduce tax on US domestic production from 21...
Comment on Trump`s re-election can benefit the manufacturing, IT, telecom and defense sector in India by Pranay Aggarwal, CEO, Stoxkart
Comment on Trump`s re-election can benefit the manufacturing, IT, telecom and defense sector in India by Pranay Aggarwal, CEO, Stoxkart
Source: Stoxkart
2024-11-06 06:06:25 pm
India, Saudi discuss ways to enhance cooperation in fertilizers, petrochemicals, mining sectors In order to boost trade and investments, India and Saudi Arabia have discussed ways to enhance cooperation in areas of fertilizers, petrochemicals and mining during a meeting between Commerce and Industry Minister Piyush Goyal and Saudi Minister for Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef in Riyadh. India is the second largest trade partner for Saudi Arabia whereas Saudi Arabia is India's fourth largest trading partner. The bilateral trade between the two countries...
India, Saudi discuss ways to enhance cooperation in fertilizers, petrochemicals, mining sectors
India, Saudi discuss ways to enhance cooperation in fertilizers, petrochemicals, mining sectors
Source: Accord Fintech
2024-10-31 03:51:29 pm
TCS inks 15-year pact to transform Ireland`s pension system, help 8 lakh workers Tata Consultancy Services (TCS) on Tuesday announced a 15-year deal with Ireland’s Department of Social Protection (DSP) to provide digital solutions for the automatic enrolment of nearly 800,000 workers in that country.  Building on its experience of delivering similar national programmes, TCS will partner with the DSP to launch Ireland’s 'Auto Enrolment Pensions Scheme’, providing workers with a retirement savings platform. “TCS has a wealth of relevan...
TCS inks 15-year pact to transform Ireland`s pension system, help 8 lakh workers
TCS inks 15-year pact to transform Ireland`s pension system, help 8 lakh workers
Source: IANS
2024-10-29 11:46:53 am
280 companies register 1.27 lakh internship offers under Prime Minister Internship Scheme About 280 companies participated in the PM Internship Scheme (PMIS) and offered 1.27 lakh internship opportunities, according to reports.  The Centre has now closed the onboarding window for corporates’ participation in the Scheme, which opened on October 3 for corporates to register their internship offerings.  However, the window for youth registration, which commenced on October 12 is expected to remain open until early November.  The scheme was announced in t...
280 companies register 1.27 lakh internship offers under Prime Minister Internship Scheme
280 companies register 1.27 lakh internship offers under Prime Minister Internship Scheme
Source: IANS
2024-10-23 11:40:34 am
Buy Tata Consultancy Services Ltd For Target Rs. 4,634 By Geojit Financial Services Ltd Winning deals propels expansion Tata Consultancy Services (TCS), a subsidiary of Tata Sons Ltd, is a global IT company providing a range of services to industries, such as banking, financial services and insurance (BFSI), telecommunications, transportation, retail,; manufacturing, pharma and utilities. * In Q2FY25, TCS reported a revenue of Rs. 64,259cr (+8% YoY), driven by strong performance in India (+95% YoY), the UK (+11% YoY) and Asia-Pacific (+11% YoY). * Revenue from India sur...
Buy Tata Consultancy Services Ltd For Target Rs. 4,634 By Geojit Financial Services Ltd
Buy Tata Consultancy Services Ltd For Target Rs. 4,634 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd.
2024-10-22 10:24:12 am
Buy Tata Consultancy Services Ltd For Target Rs. 4,664 By Choice Broking Ltd BFSI greenshoots visible; GenAI led TCV deals becoming mainstream TCS reported revenues for Q2FY25 at $7.67bn, a growth of 5.5% YoY cc led by growth in Energy, Resources and Utilities and Manufacturing vertical and India, MEA, Asia Pacific and Latin America geographies. In USD terms, reported revenue was up 2.2% QoQ and 6.4% YoY. In INR terms, revenue stood at INR642.6bn, up 2.6% QoQ and 7.7% YoY. Q2FY25 order book TCV stood at $8.6bn (within the management’s comfortable guidance ban...
Buy Tata Consultancy Services Ltd For Target Rs. 4,664 By Choice Broking Ltd
Buy Tata Consultancy Services Ltd For Target Rs. 4,664 By Choice Broking Ltd
Source: Choice Broking
2024-10-15 04:25:30 pm
Seven companies marketcap decreases by over Rs 1 lakh crore Total market capitalisation of seven out of 10 companies has reduced by Rs 1,22,107 crore in the last week, with TCS and RIL losing the most.   During the trading session from October 7-11, the market capitalisation of Tata Group company Tata Consultancy Services (TCS) declined by Rs 35,638 crore to Rs 15,01,723 crore. The market cap of Reliance Industries (RIL) has declined by Rs 21,351 crore to Rs 18,55,366 crore. FMCG major ITC experienced a decrease in its market cap by Rs 1...
Seven companies marketcap decreases by over Rs 1 lakh crore
Seven companies marketcap decreases by over Rs 1 lakh crore
Source: IANS
2024-10-14 09:28:25 am
Buy Tata Consultancy Services Ltd For Target Rs.5,400 By Motilal Oswal Financial Services Ltd BSNL ramp-up continues to fuel growth US BFSI recovery on track * TCS reported revenue of USD7.6b in 2QFY25, up 2.2% QoQ in USD terms, beating our estimate of ~1.6%. Growth was driven by India (up 21.3% QoQ/93.2% YoY, aided by BSNL ramp-up) and UK (up 2.8% QoQ), while North America was down 1.7% QoQ. EBIT margins came in ~40bp below our estimate at 24.1%. PAT was down 1.2% QoQ/up 5.1% YoY at INR120b (4.1% below our est. of INR125b). For 1HFY25, TCS’s revenue/EBIT/PAT increased by ...
Buy Tata Consultancy Services Ltd For Target Rs.5,400 By Motilal Oswal Financial Services Ltd
Buy Tata Consultancy Services Ltd For Target Rs.5,400 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-10-12 05:55:42 pm
India's TCS slips as Q2 profit miss raises demand concerns Shares of Tata Consultancy Services fell 2% in pre-open trade on Friday, as a lower-than-expected second-quarter profit raised concerns about demand recovery in the IT services firm's key North American market. The company on Thursday reported net profit of 119.09 billion rupees ($1.42 billion), missing analysts' estimates as revenue from the North American market, which accounts for nearly half of its overall sales fell for a fourth straight quarter. Its revenue decline in Nort...
India's TCS slips as Q2 profit miss raises demand concerns
India's TCS slips as Q2 profit miss raises demand concerns
Source: Reuters
2024-10-11 10:43:39 am
TCS posts 5 pc net profit growth at Rs 11,909 crore in Q2, hires 5,726 people Tata Consultancy Services (TCS) on Thursday posted Rs 11,909 crore in net profit -- a drop of 1.1 per cent quarter-on-quarter but a 5 per cent growth year-on-year -- for the July-September period (Q2) this fiscal.  The revenue of the IT services major rose to Rs 64,259 crore, a YoY growth of 7.6 per cent, led by energy, resources and utilities and manufacturing. TCS declared the second interim dividend of Rs 10 per share. In the July-September quarter, the company hired 5,726 em...
TCS posts 5 pc net profit growth at Rs 11,909 crore in Q2, hires 5,726 people
TCS posts 5 pc net profit growth at Rs 11,909 crore in Q2, hires 5,726 people
Source: IANS
2024-10-10 05:14:50 pm
Views On the TCS - Q3FY24 Earnings Preview by Sagar Shetty, Research Analyst, StoxBox Below the Views On the TCS - Q3FY24 Earnings Preview by Sagar Shetty, Research Analyst, StoxBox   We expect TCS to report moderate revenue growth in Q2FY25, impacted by muted performance in India with incremental weakness in retail and CPG growth. The revenue growth would likely be based on the BSNL deal and the pickup of US BFSI services. We expect the marginal margin expansion after the wage hikes in Q1 and overall operational efficiency. We also expect margins to improve becau...
Views On the TCS - Q3FY24 Earnings Preview by Sagar Shetty, Research Analyst, StoxBox
Views On the TCS - Q3FY24 Earnings Preview by Sagar Shetty, Research Analyst, StoxBox
Source: StoxBox
2024-10-09 05:09:12 pm
Gen AI boosting productivity of Indian IT industry's fastest-growing niche, TCS exec says Generative AI is helping India's top IT firm Tata Consultancy Services accelerate development in the industry's fastest-growing niche of engineering research and design, a senior executive told Reuters. TCS, which has clients such as Rolls Royce, Jaguar Land Rover and Siemens, has seen product development cycles for engineering-related clients quicken by as much as 20% and expects further improvement, Sreenivasa Chakravarti, vice president of internet of things and digital engineer...
Gen AI boosting productivity of Indian IT industry's fastest-growing niche, TCS exec says
Gen AI boosting productivity of Indian IT industry's fastest-growing niche, TCS exec says
Source: Reuters
2024-09-05 02:41:48 pm
TCS surges on partnering with Google Cloud to launch AI-powered cybersecurity solutions Tata Consultancy Services is currently trading at Rs. 4529.20, up by 8.35 points or 0.18% from its previous closing of Rs. 4520.85 on the BSE. The scrip opened at Rs. 4540.10 and has touched a high and low of Rs. 4540.50 and Rs. 4495.50 respectively. So far 6919 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4585.90 on 02-Sep-2024 and a 52 week low of Rs. 3313.00 on 01-Nov-2023. Last one week high and low of th...
TCS surges on partnering with Google Cloud to launch AI-powered cybersecurity solutions
TCS surges on partnering with Google Cloud to launch AI-powered cybersecurity solutions
Source: Accord Fintech
2024-09-03 12:59:31 pm
TCS rises on extending partnership with Primark Tata Consultancy Services is currently trading at Rs. 4518.00, up by 11.25 points or 0.25% from its previous closing of Rs. 4506.75 on the BSE. The scrip opened at Rs. 4450.00 and has touched a high and low of Rs. 4549.85 and Rs. 4450.00 respectively. So far 31843 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4564.75 on 20-Aug-2024 and a 52 week low of Rs. 3313.00 on 01-Nov-2023. Last one week high and low of ...
TCS rises on extending partnership with Primark
TCS rises on extending partnership with Primark
Source: Accord Fintech
2024-08-29 02:32:36 pm
TCS rises on launching latest TCS Pace Studio in Sweden Tata Consultancy Services is currently trading at Rs. 4519.75, up by 30.40 points or 0.68% from its previous closing of Rs. 4489.35 on the BSE. The scrip opened at Rs. 4503.00 and has touched a high and low of Rs. 4564.75 and Rs. 4503.00 respectively. So far 33760 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4564.75 on 20-Aug-2024 and a 52 week low of Rs. 3313.00 on 01-Nov-2023. Last one week high and low of ...
TCS rises on launching latest TCS Pace Studio in Sweden
TCS rises on launching latest TCS Pace Studio in Sweden
Source: Accord Fintech
2024-08-20 02:10:32 pm
Global banks` tech revival sparks hope for $254 billion Indian IT sector  Global banks have started reviving the technology projects they put on ice in 2023, raising hopes for the $254 billion Indian IT sector that makes about a third of its revenue from banking, financial services and insurance (BFSI) clients. Quarterly reports from Tata Consultancy Services (TCS), Infosys, Wipro and others showed a nascent recovery in BFSI client demand after six quarters of depressed spending since the Silicon Valley Bank collapse. "BFSI should come out faster a...
Global banks` tech revival sparks hope for $254 billion Indian IT sector
Global banks` tech revival sparks hope for $254 billion Indian IT sector
Source: Reuters
2024-08-14 01:52:26 pm
FPIs invested over Rs 11,000 crore in IT sector last month: NSDL Foreign Portfolio Investors (FPIs) invested Rs11,763 crore ($1.40 billion) in July, according to NSDL data.   It is the highest investment since April 2022 when a new sectoral classification was implemented in the market by NSDL. After this exercise, the number of sectors on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) was reduced from 35 to 22. Earlier, IT was divided into three sectors: Software, services and hardware. The reason for buying IT shares by...
FPIs invested over Rs 11,000 crore in IT sector last month: NSDL
FPIs invested over Rs 11,000 crore in IT sector last month: NSDL
Source: IANS
2024-08-08 02:21:30 pm
TCS, Infosys lose the most in Mcap; RBI policy meet key next week The market capitalisation (Mcap) of IT majors Tata Consultancy Services (TCS) and Infosys lost the most amid broad-based selloffs due to fear of recession in the global markets.  The market capitalisation of eight of the top 10 most valued companies saw a loss of more than Rs 1.28 lakh crore. Friday’s decline resulted in a loss of over Rs 4 lakh crore in the market cap of almost all listed firms on the Bombay Stock Exchange, led by TCS and Infosys. The valuation of TCS droppe...
TCS, Infosys lose the most in Mcap; RBI policy meet key next week
TCS, Infosys lose the most in Mcap; RBI policy meet key next week
Source: IANS
2024-08-04 12:29:57 pm
Tata Consultancy Services gains on signing contract with Follett Higher Education Tata Consultancy Services is currently trading at Rs. 4399.10, up by 34.85 points or 0.80% from its previous closing of Rs. 4364.25 on the BSE. The scrip opened at Rs. 4363.95 and has touched a high and low of Rs. 4406.00 and Rs. 4348.30 respectively. So far 14121 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4431.25 on 29-Jul-2024 and a 52 week low of Rs. 3313.00 on 01-Nov-2023. Last one week high and low of ...
Tata Consultancy Services gains on signing contract with Follett Higher Education
Tata Consultancy Services gains on signing contract with Follett Higher Education
Source: Accord Fintech
2024-07-31 11:28:36 am
Leading Indian IT firms look to hire 90,000 freshers in FY25 amid strong quarterly results A robust IT sector earnings in the April-June quarter means that jobs are back and the country’s top tech companies are looking to hire close to 90,000 freshers in the current fiscal. While IT services major Tata Consultancy Services (TCS) plans to hire nearly 40,000 freshers in FY25, Infosys aims to recruit around 15,000-20,000 freshers this fiscal. TCS hired 5,452 employees in the first quarter of FY25, reversing three-quarters of the drop in headcount. The company now employs 6...
Leading Indian IT firms look to hire 90,000 freshers in FY25 amid strong quarterly results
Leading Indian IT firms look to hire 90,000 freshers in FY25 amid strong quarterly results
Source: IANS
2024-07-26 04:44:14 pm
Buy Tata Consultancy Services Ltd For Target Rs 4,821 by Geojit Financial Services Ltd Indian business outperformed, North America edged down In Q1FY25, TCS’s consolidated revenue grew 5.4% YoY to Rs. 62,613cr (up 3.9% in dollar terms and 4.4% in cc terms). Resilient growth across major geographies aided the revenue growth. Revenue from North America grew sequentially in cc terms after five quarters (down 1.1% YoY in cc terms). Indian business delivered strong growth momentum with 61.8% YoY growth. Resilient growth in IT services spend in the UK lifted revenue from the...
Buy Tata Consultancy Services Ltd For Target Rs 4,821 by Geojit Financial Services Ltd
Buy Tata Consultancy Services Ltd For Target Rs 4,821 by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-07-22 12:29:35 pm
Tata Consultancy Services trades higher on the BSE Tata Consultancy Services is currently trading at Rs. 4339.00, up by 24.70 points or 0.57% from its previous closing of Rs. 4314.30 on the BSE. The scrip opened at Rs. 4314.30 and has touched a high and low of Rs. 4360.25 and Rs. 4286.15 respectively. So far 79195 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4360.25 on 19-Jul-2024 and a 52 week low of Rs. 3313.00 on 01-Nov-2023. 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
2024-07-19 01:49:10 pm
Tata Consultancy Services shines on reporting 9% rise in Q1 consolidated net profit Tata Consultancy Services is currently trading at Rs. 4021.20, up by 98.50 points or 2.51% from its previous closing of Rs. 3922.70 on the BSE. The scrip opened at Rs. 4001.15 and has touched a high and low of Rs. 4034.90 and Rs. 3974.10 respectively. So far 53054 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4254.45 on 18-Mar-2024 and a 52 week low of Rs. 3,273.05 on 13-Jul-2023. Last one week high and low of...
Tata Consultancy Services shines on reporting 9% rise in Q1 consolidated net profit
Tata Consultancy Services shines on reporting 9% rise in Q1 consolidated net profit
Source: Accord Fintech
2024-07-12 10:35:27 am
TCS surges on expanding strategic partnership with Xerox TCS is currently trading at Rs. 3852.05, up by 65.45 points or 1.73% from its previous closing of Rs. 3786.60 on the BSE. The scrip opened at Rs. 3848.95 and has touched a high and low of Rs. 3877.10 and Rs. 3825.75 respectively. So far 38114 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4254.45 on 18-Mar-2024 and a 52 week low of Rs. 3172.45 on 26-Jun-2023. Last one week high and low of the scrip stood at Rs....
TCS surges on expanding strategic partnership with Xerox
TCS surges on expanding strategic partnership with Xerox
Source: Accord Fintech
2024-06-21 11:08:50 am
TCS launches new Internet of Things engineering lab in the US Tata Consultancy Services (TCS) on Tuesday announced the launch of a new Internet of Things (IoT) engineering lab in the US to assist clients in developing innovative solutions more efficiently.  The lab in Cincinnati, Ohio, is designed to support the rapid prototyping, experimentation and large-scale implementation of AI, GenAI, and IoT engineering solutions, TCS said in a statement. The lab will carry the full suite of IoT solutions from the company and industry solutions for the...
TCS launches new Internet of Things engineering lab in the US
TCS launches new Internet of Things engineering lab in the US
Source: IANS
2024-06-12 09:34:26 am
Buy TCS Ltd For Target Rs.4,600 - Motilal Oswal Financial Services Near-term demand commentary remains muted; reiterate BUY * TCS reported revenue of USD7.36b in 4QFY24, up 1.1% QoQ in constant currency (CC) terms, 110bp below our estimates but in line with Bloomberg consensus, despite ongoing demand weakness. The growth was driven by India (up 11% QoQ/37% YoY, aided by BSNL scale up) and the UK (up 3.6% QoQ), while North America and Continental Europe were weak. TCS reported its best quarterly deal TCV of USD13.2b (up 63% QoQ/32%YoY, book-to-bill ratio a...
Buy TCS Ltd For Target Rs.4,600 - Motilal Oswal Financial Services
Buy TCS Ltd For Target Rs.4,600 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-06-08 10:38:48 am
Tata Consultancy Services gains on launching TCS AI WisdomNext Tata Consultancy Services is currently trading at Rs. 3903.40, up by 72.70 points or 1.90% from its previous closing of Rs. 3830.70 on the BSE. The scrip opened at Rs. 3835.00 and has touched a high and low of Rs. 3915.00 and Rs. 3835.00 respectively. So far 119874 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4254.45 on 18-Mar-2024 and a 52 week low of Rs. 3156.20 on 16-Jun-2023. Last one week high and low of...
Tata Consultancy Services gains on launching TCS AI WisdomNext
Tata Consultancy Services gains on launching TCS AI WisdomNext
Source: Accord Fintech
2024-06-07 12:42:19 pm
Buy TCS Ltd. For Target Rs.4,600 - Motilal Oswal Financial Services Near-term demand commentary remains muted; reiterate BUY * TCS reported revenue of USD7.36b in 4QFY24, up 1.1% QoQ in constant currency (CC) terms, 110bp below our estimates but in line with Bloomberg consensus, despite ongoing demand weakness. The growth was driven by India (up 11% QoQ/37% YoY, aided by BSNL scale up) and the UK (up 3.6% QoQ), while North America and Continental Europe were weak. TCS reported its best quarterly deal TCV of USD13.2b (up 63% QoQ/32%YoY, book-to-bill ratio a...
Buy TCS Ltd. For Target Rs.4,600 - Motilal Oswal Financial Services
Buy TCS Ltd. For Target Rs.4,600 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-06-07 10:44:07 am
Sensex, Nifty extend winning streak in special trading sessions, TCS & Nestle lead The special trading sessions on Saturday saw Indian equity markets extending their winning streak as the benchmark indices ended higher on both of the special sessions. While the BSE Sensex closed above 74,000, up 342 points (0.46 per cent) the NSE Nifty 50 advanced 35.9 points or 0.16 per cent, to end at 22,502. During the day, the Sensex rose as much as 0.33 per cent to 74,162.76. Ajit Mishra, senior vice president, research, Religare Broking Ltd, said the benchmark indices experie...
Sensex, Nifty extend winning streak in special trading sessions, TCS & Nestle lead
Sensex, Nifty extend winning streak in special trading sessions, TCS & Nestle lead
Source: IANS
2024-05-18 02:25:07 pm
Stock Picks : Tata Consultancy Services Ltd And State Bank of India Ltd By ICICI Direct Tata Consultancy Services Ltd. Buy Tata Consultancy Services Ltd. @ 3885-3888 Target 3928.00 Stop Loss 3867.00   State Bank of India Ltd. Buy State Bank of India Ltd. @ 822-823 Target 830.80 Stop Loss 818.40   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Tata Consultancy Services Ltd And State Bank of India Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd And State Bank of India Ltd By ICICI Direct
Source: ICICI Direct
2024-05-16 11:40:55 am
Buy Tata Consultancy Ltd For Target Rs.4,615 By Religare Broking Ltd. Steady topline growth: TCS revenue in rupee grew by 3.5% YoY and 1.1.% QoQ to Rs 61,237cr and revenue in dollar grew by 2.3% YoY and 1.1% QoQ to USD 7,363mn while revenue growth in constant currency was 2.2% YoY for Q4FY24. The growth in the quarter amongst geographies was driven by India & other regional businesses as well as UK while North America reported muted growth. Amongst industry manufacturing, energy and other regional markets led the growth while de-growth was seen in BFSI, con...
Buy Tata Consultancy Ltd For Target Rs.4,615 By Religare Broking Ltd.
Buy Tata Consultancy Ltd For Target Rs.4,615 By Religare Broking Ltd.
Source: Religare Broking Ltd
2024-05-10 02:09:37 pm
Stock Picks : Tata Consultancy Services Ltd And Bajaj Finance Ltd By ICICI Direct Tata Consultancy Services Ltd. Buy  Tata Consultancy Services Ltd. @ 3956-3960 Target 3998.00 Stop Loss 3939.00   Bajaj Finance Ltd. Sell Bajaj Finance Ltd. @ 6646-6652 Target  6600.00 Stop Loss 6678.00   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Tata Consultancy Services Ltd And Bajaj Finance Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd And Bajaj Finance Ltd By ICICI Direct
Source: ICICI Direct
2024-05-10 10:22:25 am
Stock Picks : Tata Consultancy Services Ltd And Hindustan Unilever Ltd By ICICI Direct Tata Consultancy Services Ltd  Buy Tata Consultancy Services Ltd. @3920-3924 Target 3962.00 Stop Loss 3899.40   Hindustan Unilever Ltd    Buy Hindustan Unilever Ltd . @2255-2258 Target 2255-2258 Stop Loss 2243.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Tata Consultancy Services Ltd And Hindustan Unilever Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd And Hindustan Unilever Ltd By ICICI Direct
Source: ICICI Direct
2024-05-07 01:01:13 pm
Stock Picks : Tata Consultancy Services Ltd And State Bank of India Ltd By ICICI Direct Tata Consultancy Services Ltd  Buy Tata Consultancy Services Ltd. @3848-3852 Target 3888.00 Stop Loss 3829.80   State Bank of India Ltd   Buy State Bank of India Ltd. @832-834 Target 842.00 Stop Loss 828.40   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Tata Consultancy Services Ltd And State Bank of India Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd And State Bank of India Ltd By ICICI Direct
Source: ICICI Direct
2024-05-06 12:09:21 pm
Sensex plunges 900 points in broad-based selling  BSE Sensex plunged 900 points on Friday, amid a broad-based selloff. Sensex is trading at 73,671 points went down by 939 points. Sensex is now below the 74k mark. 27 out of 30 Sensex stocks were trading in the red. Most of the sectoral indices were in the red. The technology stocks and realty index are down by more than 1 per cent. Only the SME IPO index is zooming, up by 2.3 per cent in a very weak market. As many as 62 per cent of the stocks on BSE are declining while only...
Sensex plunges 900 points in broad-based selling
Sensex plunges 900 points in broad-based selling
Source: IANS
2024-05-03 02:01:14 pm
India`s LTIMindtree`s Q4 revenue misses estimates as banking vertical bites LTIMindtree, India's sixth-largest software company, posted a smaller-than-expected fourth-quarter revenue on Wednesday amid weakness in its banking vertical and persisting merger issues at the firm. Consolidated revenue rose 2.3% to 88.93 billion rupees ($1.07 billion) in the January-March quarter, falling short of analysts' expectation of 89.82 billion rupees, as per LSEG data. High inflation and geopolitical risks have pushed clients to cut down on discretionary tech spending...
India`s LTIMindtree`s Q4 revenue misses estimates as banking vertical bites
India`s LTIMindtree`s Q4 revenue misses estimates as banking vertical bites
Source: Reuters
2024-04-24 06:00:51 pm
Stock Picks : Tata Consultancy Services Ltd And Bharat Heavy Electricals Ltd By ICICI Direct Tata Consultancy Services Ltd Buy Tata Consultancy Services Ltd @3863-3866 Target 3904.00 Stop Loss 3844.00   Bharat Heavy Electricals Ltd Buy Bharat Heavy Electricals Ltd @258.50-259.50 Target 262.00 Stop Loss 257.20   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Tata Consultancy Services Ltd And Bharat Heavy Electricals Ltd By ICICI Direct
Stock Picks : Tata Consultancy Services Ltd And Bharat Heavy Electricals Ltd By ICICI Direct
Source: ICICI Direct
2024-04-23 11:07:23 am
India's Wipro rises as Street pins hopes on new CEO after Q4 results Shares of Wipro rose as much as 2.4% on Monday, after India's No.4 software services exporter posted better-than-expected fourth-quarter results, while some analysts pinned hopes on new CEO Srinivas Pallia to anchor a turnaround. Its shares were up 1.8% at 460.60 rupees by 10:10 a.m. IST, leading gains on the Nifty IT index, which is up 0.3%. Still, the stock has lost about 4% so far this year, while larger rivals Tata Consultancy Services and Infosys have gained 1.4% and shed 8.5% ...
India's Wipro rises as Street pins hopes on new CEO after Q4 results
India's Wipro rises as Street pins hopes on new CEO after Q4 results
Source: Reuters
2024-04-22 10:30:04 am
TCS announces new delivery centre in Brazil, to create 1,600 new jobs Tata Consultancy Services (TCS) on Monday announced a new delivery centre in Brazil that will create more than 1,600 new job opportunities over the next five years. The centre in Londrina, in the state of Parana, would contribute to the local economy and strengthen the TCS’ presence in the region. "We are looking to double the number of associates in key areas such as cyber-security, cloud, cognitive business operations (CBO), ITIS, AI and automation, reflecting our dedicatio...
TCS announces new delivery centre in Brazil, to create 1,600 new jobs
TCS announces new delivery centre in Brazil, to create 1,600 new jobs
Source: IANS
2024-04-16 09:20:53 am
Views on Tata Consultancy Services Ltd. (TCS) Q4FY24 by Dhruv Mudaraddi, Research Analyst, Stoxbox Below the Quote on Views on Tata Consultancy Services Ltd. (TCS) Q4FY24 by Dhruv Mudaraddi, Research Analyst, Stoxbox   TCS has displayed modest growth in a muted macro environment and has yet again set the operational performance standard for the rest of the large-cap pack to follow. The mega deal at Aviva will continue to yield better utilization levels and margin accretive growth going forward until the first half of FY25. The order book has seen consistent growth to record...
Views on Tata Consultancy Services Ltd. (TCS) Q4FY24 by Dhruv Mudaraddi, Research Analyst, Stoxbox
Views on Tata Consultancy Services Ltd. (TCS) Q4FY24 by Dhruv Mudaraddi, Research Analyst, Stoxbox
Source: StoxBox
2024-04-13 02:06:07 pm