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Tata Consultancy Services

TCS Dividend Payment Date: Tata Consultancy Services likely to announce interim dividend this week - Check Record Date

TCS Dividend Payment Date: Tata Consultancy Services likely to announce interim dividend this week - Check Record Date

Mon, Jan 08, 2024

TCS Dividend Payment Date, TCS Dividend Announcement: The company said that January 19, 2024, would be the record date if the company declares a third interim dividend.

TCS shares trade in red - Buy, Sell or Hold? Here's what brokerage suggests

TCS shares trade in red - Buy, Sell or Hold? Here's what brokerage suggests

Tue, Jan 02, 2024

TCS Share Price Target 2024, TCS Interim Dividend: The tech major has also announced that it will declare its quarterly earnings for Q3 FY 2024 on January 11, 2024.

TCS expands partnership with Africa's Standard Bank Group for security settlement operations

TCS expands partnership with Africa's Standard Bank Group for security settlement operations

Mon, Sep 25, 2023

The Indian IT major will use their TCS BaNCS Global Securities Processing Platform for centralising and standardising operations in over 15 markets of Standard Bank Group (SBG), the company said in a statement.

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TCS Preview and Key Technical Levels: Immediate support for stock placed at Rs 3270 for Rs 3360-Rs 3400 target, says expert

TCS Preview and Key Technical Levels: Immediate support for stock placed at Rs 3270 for Rs 3360-Rs 3400 target, says expert

Mon, Apr 12, 2021

Technical Analyst Nilesh Jain, who is Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking says that TCS looks strong on the charts. Ahead of results, Nilesh says one can expect positive momentum to continue towards Rs 3360/ Rs 3400. The immediate support is placed at Rs 3270. Overall, the results in the IT sector is likely to be better, says Nilesh

TCS to recruit 1,500 tech staff in UK

TCS to recruit 1,500 tech staff in UK

Wed, Feb 10, 2021

India's largest software services firm Tata Consultancy Services (TCS) on Wednesday said it will recruit 1,500 technology employees across the UK over the next year.

Proud moment! India's TCS becomes world's largest IT company, beats Accenture! Surpasses Reliance Industries market capitalisation

Proud moment! India's TCS becomes world's largest IT company, beats Accenture! Surpasses Reliance Industries market capitalisation

Wed, Jan 27, 2021

According to Bloomberg data guide, TCS valuation at Monday's close stood at $169.25 bn, Accenture’s market cap was at $168.68 bn. Also, TCS surpassed Reliance Industries to become the country's most-valued firm by market capitalisation. HDFC Securities maintains ADD on Tata Consultancy Services, following a back to back stellar performance and positive commentary from the management.

TCS reported a strong quarter with beat on revenues and margins

TCS reported a strong quarter with beat on revenues and margins

Mon, Jan 11, 2021

TCS reported a robust quarter with 4.1% qoq cc growth vs 2.5% consensus expectations. A surprise was the 40bp margin expansion qoq to 26.6% EBIT margin, despite a wage hike in the quarter. Management is confident in the demand environment and affirmed double-digit growth in FY22e. Management does not believe there was any budget flush in Q3, and, hence, thinks the strength seen in Q3 should continue in Q4.

TCS Share Price: Strong Performance in Q3, Management gains market share on strong demand outlook

TCS Share Price: Strong Performance in Q3, Management gains market share on strong demand outlook

Mon, Jan 11, 2021

Sharekhan maintains a Buy rating on TCS with a revised Price Target of Rs 3590. For TCS, Q3 FY21 was the second consecutive quarter of strong all-round performance, led by a strong demand environment, market share gains and quick revenue conversion from deals won earlier. The company reported better-than-expected revenue growth of 4.1% qoq on constant currency (CC) in a seasonally weak quarter, which is the strongest in the December quarter in the last nine years. On a yoy basis, the company came back to a positive growth trajectory with a CC growth of 0.4%.

TCS Share Price: Details of the Q3 results Decoded by ICICI Securities

TCS Share Price: Details of the Q3 results Decoded by ICICI Securities

Mon, Jan 11, 2021

Tata Consultancy Services (TCS) reported a healthy set of Q3 FY21 results and were above estimates on all fronts. The growth was across geographies and verticals. The QoQ growth in revenues was led by healthy demand in core transformation services and conversion from earlier deals.

TCS share price soars 7.5 pct on Buyback news; will results beat analysts’ estimates? Check preview ahead of Q2 FY21 earnings

TCS share price soars 7.5 pct on Buyback news; will results beat analysts’ estimates? Check preview ahead of Q2 FY21 earnings

Mon, Oct 05, 2020

With its buyback under the spotlight and its quarterly results looming, IT major Tata Consultancy Services Limited has received some attention from Macquarie, BOFA and Antique Stock Broking. Providing a close look, here is all that investors need to know. Notably, TCS board will meet this week to mull a share buyback proposal. "

TCS CEO & MD Salary: Rajesh Gopinathan's pay package slashed by Tata Consultancy Services

TCS CEO & MD Salary: Rajesh Gopinathan's pay package slashed by Tata Consultancy Services

Wed, May 20, 2020

According to TCS' annual report for 2019-20, Gopinathan received Rs 1.35 crore in salary, Rs 1.29 crore in perquisites, Rs 10 crore in commission (at 0.02 per cent of profit) and Rs 72.82 lakh in allowances.

Tata Consultancy Services (TCS) Q3 net profit flat at Rs 8118 crore

Tata Consultancy Services (TCS) Q3 net profit flat at Rs 8118 crore

Fri, Jan 17, 2020

Global software major Tata Consultancy Services (TCS) on Friday reported a consolidated net profit of Rs 8,118 crore for the third quarter of fiscal 2019-20, registering a mere 0.16 per cent growth from Rs 8,105 crore clocked in the same quarter last year

TCS Q2 results: Profit at Rs 8,042 crore, should you buy, sell or hold? Experts explain

TCS Q2 results: Profit at Rs 8,042 crore, should you buy, sell or hold? Experts explain

Thu, Oct 10, 2019

Emkay Global Financial Services has put a HOLD rating on TCS stock as of now, with a target price of Rs 2,050. While the stock has been weak in the run-up to results; It can be a case for more downsides in the near term.

Is it worth investing in TCS shares post Q1FY20? Hiring speed shows confidence

Is it worth investing in TCS shares post Q1FY20? Hiring speed shows confidence

Wed, Jul 10, 2019

Majority of experts opinions are split from buy, neutral to hold and even reduce rating on TCS share price.

TCS April-June consolidated net profit rises 10.8%

TCS April-June consolidated net profit rises 10.8%

Tue, Jul 09, 2019

The country's largest software services firm Tata Consultancy Services (TCS) on July 9 reported 10.8% growth in consolidated net profit to ₹8,131 crore for the quarter ended June 30.

TCS Q1 results: Net profit rises to ₹8,131 crore

TCS Q1 results: Net profit rises to ₹8,131 crore

Tue, Jul 09, 2019

IT major Tata Consultancy Services (TCS), India's biggest software services company, today kicked off the earnings season by reporting a 10.8% rise in net profit, helped by a strong performance in its key banking, financial services and insurance segment.

TCS Q1 Results Key Takeaways: From profit, dividend to women workforce, check out the critical points

TCS Q1 Results Key Takeaways: From profit, dividend to women workforce, check out the critical points

Tue, Jul 09, 2019

TCS Q1 Results: As on June 30, 2019, the company has applied for 4,682 patents, including 86 applied during the quarter and has been granted 1,022 patents.

TCS Q1 results highlights: Tech major beats street estimates; check top 6 power points

TCS Q1 results highlights: Tech major beats street estimates; check top 6 power points

Tue, Jul 09, 2019

TCS Q1 results highlights: Tech major beats street estimates; check top 6 power Tata Consultancy Services (TCS) reported its first quarter earnings today.

TCS jobs: IT-giant hires 12,356 employees in Q1, highest in past 5 years; women workforce gets boost

TCS jobs: IT-giant hires 12,356 employees in Q1, highest in past 5 years; women workforce gets boost

Tue, Jul 09, 2019

With continuing initiatives to attract the best local talent across major markets, TCS in the audit report said, "the workforce Is becoming more diverse."

TCS Q1 beats estimates, logs Rs 8,131 cr in net profit-dividend announced; CEO highlights Business 4.0 world

TCS Q1 beats estimates, logs Rs 8,131 cr in net profit-dividend announced; CEO highlights Business 4.0 world

Tue, Jul 09, 2019

A Bloomberg poll of analysts had predicted net profit of Rs 7,871 crore in this quarter.

Trouble in tech-land? TCS share price tumbles! Reasons why - wage hikes, attrition, visa costs, rupee and more

Trouble in tech-land? TCS share price tumbles! Reasons why - wage hikes, attrition, visa costs, rupee and more

Tue, Jul 09, 2019

The Information Technology behemoth, Tata Consultancy Services (TCS) will be rolling out this fiscal year's first quarter results today. TCS is expected to report better results than its rivals, but it may get hit in its margins this time due to wage hikes, high attrition, visa costs, and a strong rupee against US Dollar.

Closing Bell: Sensex, Nifty halt post-budget selloff; Oberoi Realty, Sun Pharma stocks gain

Closing Bell: Sensex, Nifty halt post-budget selloff; Oberoi Realty, Sun Pharma stocks gain

Tue, Jul 09, 2019

BSE Sensex nudged 10 points higher and closed at 38,730 while the Nifty 50 index slipped 2 points down and closed at 11,555 levels. The Bank Nifty index dipped 34 points and closed at 30,569 levels.

TCS Q1 preview: Can IT giant create more magic? Know how much profit is expected

TCS Q1 preview: Can IT giant create more magic? Know how much profit is expected

Tue, Jul 09, 2019

What will be keenly eyed, if whether the company can once again clock gains in its net profit, and especially revenue as it was highest in fifteen quarters during Q4FY19.

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