Wed, Jan 17, 2024
TCS dividend: While the interim dividend announced by the Mumbai-headquartered IT major amounts to Rs 9 per share, its special dividend is of Rs 18 per share.
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Mon, Jan 15, 2024
IT shares today: In Monday's trade, the Nifty IT was up over 1 per cent with Wipro rising nearly 6 per cent, Infosys up over 2 per cent, HCLTech over 3 per cent, and TCS with half a per cent gain.
Fri, Jan 12, 2024
Indian IT stocks witnessed a significant jump on Friday following earnings releases from Infosys and Tata Consultancy Services (TCS) the previous day. Both companies' financial performance surpassed analyst expectations, boosting investor confidence and driving share prices higher.
Thu, Apr 20, 2023
Trading ideas for April 20: In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Thursday. Tata Motors, UltraTech Cement, TCS, Mastek, Voltas, and other 15 shares analysts suggest to 'buy' for good returns.
Wed, Apr 19, 2023
LinkedIn data revealed that the in-demand skills that these top companies are looking for in the technology sector include Artificial Intelligence (AI), Robotics, Electronics, Software Testing and Computer Security.
The IT stocks have been hammered by investors since the day the heavyweight TCS released its Q4 earnings on April 12, followed by Infosys results on April 13, which were mainly below expectations.
Tue, Apr 18, 2023
Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex extended losses to a second straight day on Tuesday amid mixed moves across global markets, a day after halting a nine-day winning streak owing to selling pressure in heavyweights such as Infosys and HDFC Bank as the Street reacted to their worse-than-expected Q4 results. Catch minute-by-minute updates of all the action in the Indian share market on April 18, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.
Mon, Apr 17, 2023
Infosys Vs TCS: Whose results are better in Q4? Who leads the results scale in Q4? Which company has better Q4 results? Know the complete details from Kushal Gupta.
A sharp fall in Infosys shares on Monday dragged the Nifty IT — whose 10 constituents include Tata Consultancy Services (TCS), Wipro, HCL Technologies and Tech Mahindra — 4.7 per cent for the day. Besides Infosys, TCS, LTIMindtree and Tech Mahindra posed the maximum pressure on the IT index.
Wipro shares hit a 52-week low on Monday amid a sell-off across the IT space, after rival Infosys reported a worse-than-expected set of Q4 results. Wipro is scheduled to release its Q4 earnings report on April 27.
Dividend Stocks, TCS or Infosys or HDFC Bank dividend 2023: A dividend is paid by a company as a reward for investment in the business to its shareholders. The rise in dividend payout gives confidence to the shareholders that the earnings are real. Check out — TCS or Infosys or HDFC Bank: which company has a better history of giving dividend to its investors in last 5 years.
Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex suffered sharp losses on Monday, halting a nine-day-long winning run, amid negative moves across global markets after data pointed to resilience in core US retail sales and a rise in inflation expectations. HDFC Bank and Infosys succumbed to selling pressure after the blue-chip reported their Q4 results and announced dividends last week. Catch highlights of all the action in the Indian share market on April 17, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.
Sun, Apr 16, 2023
The company's promise to continue with the normal wage hikes will hit the operating profit margins by a further 1.70-1.75 per cent in the June quarter, its chief financial officer Samir Seksaria said, adding that the key number will stabilise going ahead into the new fiscal.
Fri, Apr 14, 2023
TCS and Infosys, two of India's largest IT services providers, reported their financial results this week that fell short of analysts' estimates. Here's a lowdown on how the quarterly numbers and dividends from the two blue-chip IT giants compare.
Thu, Apr 13, 2023
TCS shares settled 1.5% lower at Rs 3,192 April 13 a day after the Tata Group IT major reported a muted set of fourth quarter results
Praising TCS, Anil Singhvi said, 'Any group, company, management becomes great when it really considers all the investors as ''equal'' and wherever it gets the first signal, it moves ahead immediately.. in this case TCS Group has been ahead.'
TCS's income, profit and margin were below expectations in March quarter results. Profit in Q4 increased by 5% to ₹11392 Cr. What were the key triggers for the results? What is the outlook ahead for growth? Watch the exclusive interview with TCS CFO, Samir Seksaria and CHRO, Milind Lakkad.
The cascading effect of Tata Consultancy Services’ muted March quarter earnings led the selling pressure in the IT index as the sector dipped more than 2 per cent at the market close today.
The weakness in the overall IT shares can be attributed to cascading effect of Tata Consultancy Services (TCS) Q4 results, which were briefly below analysts' estimates. The company’s net profit grew by five per cent quarter-on-quarter to Rs 11,390 crore in the March quarter of FY23.
TCS's income, profit and margin were below expectations in March quarter results. Profit increased to ₹11392 Cr. Watch some excerpts of the conversation with TCS management after the results.
What strategy should you keep for today's market? What are the factors for profit booking and consolidation? How much impact will TCS results have on the market? Know from Anil Singhvi.
What to do in TCS after results? Earnings, profits and margins below expectations? Know the complete analysis of TCS results from Anil Singhvi.
Which stocks to buy, hold or sell today? As Dalal Street enters the April 13 session, here's a look at what brokerages make of some of the key stocks that are trending today. Stocks such as TCS, AU Small Finance Bank, Rainbow Children’s Medicare, HPCL, BPCL, M&M, Hero MotoCorp, and other autos, energy, and healthcare shares are on their radar today.
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