Page 3 - Tata Consultancy Services Ltd News

TCS gains 1% in a weak market on strong demand outlook_52842

The demand outlook continues to be strong as clients continue to spend on cloud transformation programs.

TCS can hit Rs 4,500 provided it can surpass Rs 4,000 mark on good volume_52875

The stock needs to create a strong base and momentum in the range of Rs 4,000 to Rs 3,800 levels, which the stock has been unable to conquer with ease.

TCS revenue crosses Rs 50,000 crore; sees record order book in Q4_52758

The company's operating margins came in at 25.3 per cent for FY22 and 25 per cent for Q4

TCS attrition continues to inch up; firm to hire 40,000 in Q1FY23_52709

Attrition rate was 17.4% in Q4FY22; lower than peers, higher than firm's own rate a year ago

TCS Q4 net profit rises 7% to Rs 9,926 cr, revenue surges 16%_52646

The company's board recommended final dividend of Rs 22 per equity share for Q4FY22; India's top IT exporter benefited from a wave of digital transformation sweeping across the globe

Top headlines: TCS Q4 net profit rises 7%; Shehbaz Sharif new Pak PM_52663

Shehbaz Sharif, the Pakistan Muslim League-Nawaz (PML-N) president, was elected unopposed as the new Prime Minister of Pakistan by Parliament on Monday

TCS Q4 result today: Here are top brokerage expectations on its performance_52546

Analysts say the company's margins are likely to be flat to slightly negative on QoQ basis due to supply side pressures and high employee costs.

Stocks to Watch: TCS, Veranda, Voda Idea, Exim Bank, Cadila, Banks, IT_52447

TCS is likely to announce results after market hours on Monday. The IT stocks will be in focus with Infosys too to announce earnings later this week.

Kansas labour dept picks TCS to modernise unemployment insurance programme_51139

For more than two decades, TCS has partnered with states across the US to transform unemployment insurance systems

IT giants TCS, Accenture, Cognizant lead Indian firms amid digital boom_51158

As digital transformation gets in top gear, IT companies lead the pack and the top 3 firms are Tata Consultancy Services, Accenture and Cognizant, respectively, ramping up IT investments and hiring

Stocks to Watch: Adani Group, JSW Steel, JSPL, IndiGo, SpiceJet, Textiles_51069

Steel stocks are likely to be in limelight following reports of price hike in April.

TCS gains 2% to hit 10-week high; stock nears all-time high_50796

The company is scheduled to meet on Monday, April 11, 2022 to consider financial results for the quarter and full year ending March 31, 2022.

India Inc likely to see robust Q4 nos despite input cost pressure: Analysts_50629

The next two quarters, according to analysts at Motilal Oswal Securities, are likely to see a sharp margin impact and corporate commentaries will worsen before they get better

TCS concludes Rs 18,000-cr buyback; Tata Sons could rake in Rs 13k cr_46290

Over 301 million shares tendered in buyback-8.5 times the company intended to repurchase. Attractive buyback price lured investors into tendering their shares, say experts

Top headlines: HDFC approves Rs 2-trn loans; I-T raids Hero Moto premises_46221

Business Standard brings you the top headlines on Wednesday

TCS Rs 18,000 cr buyback subscribed 7.5x, with 300 mn shares tendered_46212

Acceptance ratio is lower than previous buybacks done by the firm

Foreign investors likely to return to Indian equities soon: Chris Wood_44696

Foreign portfolio investors exited India in droves and have sold stocks since October 2021 amid fears of an earlier and faster-than-expected rate hike by the US Federal Reserve (US Fed)

Stocks to Watch: Infosys, TCS, Zomato, SBI, GMR Power, Zee, Karnataka Bank_46016

Post demerger, GMR Power and Urban Infra, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards.

TCS Rs 18,000 crore buyback subscribed 5.5 times a day before close_45818

Tata group flagship firm is buying back 40 mn shares, or 1.08% of its equity at Rs 4,500 a share. That's a premium of over 21% to CMP

IT shares gain on Accenture's strong Q2 show, higher revenue guidance_45276

The strong guidance indicates that spending on change programs continues to be robust, a positive for Indian IT.