Brokerages see up to 19% upside in TCS on robust Q1 performance
Analysts seem to be bullish on the IT major’s prospects and have raised target price to up to ₹4,660, against Thursday’s closing price of ₹3,922.70.
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Too early to say whether growth momentum is sustainable: TCS CEO
TCS onboarded around 11,000 trainees in the June quarter.
TCS Q1 results: Profit rises 9% YoY to ₹12,040 crore; declares dividend of ₹10
The revenue from operations rose 5.4% YoY to ₹62,613 crore as against ₹59,381 crore in the year ago period.
Should you buy, sell or hold TCS shares after Q4 results?
Post Q4 numbers, most brokerages remained bullish on TCS, expecting the share price to rise up to 15% to ₹4,700 from the current market price.
TCS shares fall 3% amid block deal; Tata Sons likely seller
Tata Sons was looking to offload 2.34 crore, or 0.65%, shares of TCS at a floor price of ₹4,001 per share through block deals.
TCS shares hit fresh all-time high; rise 11% in 2024
Extending gaining streak for the fourth straight session, TCS shares rose as much as 2.6% to scale a new peak of ₹4,229.30 on the BSE.
Infosys jumps 7%, TCS up 4% post Q3 results
Shares of Tata Consultancy Services gain 4% in intraday trade today.
TCS Q3 net profit jumps 2% to ₹11,058 cr
Tata Consultancy Services' consolidated revenue grows 4% year-on-year to ₹60,583 crore in Q3.
TCS buyback: Opening, closing dates fixed; retail entitlement at 17%
TCS plans buyback of 4,09,63,855 equity shares for ₹17,000 crore at ₹4,150 apeice
TCS partners AWS to launch Gen AI practice
TCS is significantly investing in building AI capabilities which include products and platforms.
