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Nifty IT Index Surges Post Strong Q3 Results from Infosys and TCS | Stock Market News

Nifty IT Index Surges Post Strong Q3 Results from Infosys and TCS | Stock Market News

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.

TCS Lands Major Deal to Replace Australian Stock Exchange’ Clearing and Settlement System

TCS Lands Major Deal to Replace Australian Stock Exchange’ Clearing and Settlement System

Mon, Nov 20, 2023

In a major win for Tata Consultancy Services (TCS), the Indian IT giant has been selected by Australian stock exchange operator ASX to overhaul its critical clearing and settlement software. This marks a significant departure from ASX's previous blockchain-based approach, which was abandoned due to delays and cost overruns.

Saurabh Mukherjea's Insights on Investing in TCS, Impact of Israel-Hamas War on Crude Prices

Saurabh Mukherjea's Insights on Investing in TCS, Impact of Israel-Hamas War on Crude Prices

Wed, Oct 11, 2023

Israel-Hamas War has no significant impact on Crude prices... Investing in TCS is beneficial for the long term... Invested in Bajaj Finance for a long time: Saurabh Mukherjee, Founder & CIO, Marcellus Investment Managers.

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Six of top-10 firms add Rs 34,250 cr in m-cap; TCS leads

Six of top-10 firms add Rs 34,250 cr in m-cap; TCS leads

Sun, Jun 16, 2019

Six of the 10 most valued Indian companies together added Rs 34,250.18 crore in market valuation last week, with TCS accounting for the lion's share of the gains. The m-cap of Tata Consultancy Services (TCS) jumped Rs 27,523.74?crore to Rs 8,45,149.61 crore.

Infosys Q1 results 2019 on July 12: Here's when TCS, Wipro will announce April-June quarter results

Infosys Q1 results 2019 on July 12: Here's when TCS, Wipro will announce April-June quarter results

Sat, Jun 15, 2019

Infosys will announce its financial results for April-June quarter of FY 2019-20 on July 12, according to a BSE filing.

Tata Sons chairman N Chandrasekaran hints at more collaboration among Tata Group firms

Tata Sons chairman N Chandrasekaran hints at more collaboration among Tata Group firms

Thu, Jun 13, 2019

Chandrasekaran said that group companies work at an arm's length and there is full transparency, but they need to work together more

Where should you invest in June 2019? TCS to Sun Pharma - These 7 stocks are money magnets

Where should you invest in June 2019? TCS to Sun Pharma - These 7 stocks are money magnets

Wed, Jun 05, 2019

Now that, PM Modi is back in office investors have entered to June 2019, where focus has shifted towards RBI monetary policy, thus one has to make most of stock markets.

Sensex slips 184 pts, Nifty ends at 12,022 ahead of RBI policy

Sensex slips 184 pts, Nifty ends at 12,022 ahead of RBI policy

Tue, Jun 04, 2019

Benchmark indices ended Tuesday's session with losses, weighed down by tech stocks, as investors booked profit after both Sensex and Nifty's close at heady heights in the previous session. The S&P BSE Sensex slipped 184 points, or 0.46 per cent, to 40,084, with Hero MotoCorp, HCL Tech, TCS, Asian Paints, and IndusInd Bank leading the list of losers. Out of the 30 BSE constituents, 16 ended the day in the red. The broader Nifty50 index slumped 67 points to 12,022. The market breadth was in favour of sellers. About 990 stocks declined and 789 shares advanced on the NSE.

Six of top-10 firms add Rs 99,994 cr in m-cap; TCS leads

Six of top-10 firms add Rs 99,994 cr in m-cap; TCS leads

Sun, Jun 02, 2019

The market cap of HDFC climbed Rs 9,538.27 crore to Rs 3,75,774.07 crore and that of Hindustan Unilever Ltd (HUL) advanced Rs 7,799.37 crore to Rs 3,86,449.46 crore.

Cricket World Cup starts today! Check out the Virat Kohli, Rohit Sharma-like explosive stocks on Indian markets

Cricket World Cup starts today! Check out the Virat Kohli, Rohit Sharma-like explosive stocks on Indian markets

Thu, May 30, 2019

Cricket World Cup starts today and to really get you into the sporting mood, here we reveal stocks on Dalal Street that emulate the explosive character of Team India members.

Tata Consultancy Services confident of growth across Latin America, India and other markets

Tata Consultancy Services confident of growth across Latin America, India and other markets

Sun, May 19, 2019

"...Our share even in our largest markets is still in low single digits. We are only scratching the surface yet in large markets like continental Europe, Japan and Australia New Zealand. Market penetration will be a growth driver in the coming years," TCS Global Head (Business and Technology Services) Krishnan Ramanujam said in the company's annual report for 2018-19.

TCS CEO Rajesh Gopinathan's annual pay rises 28%, takes home over Rs 16-cr in FY19

TCS CEO Rajesh Gopinathan's annual pay rises 28%, takes home over Rs 16-cr in FY19

Thu, May 16, 2019

Tata Consultancy Services CEO Rajesh Gopinathan took home a pay package of over Rs 16 crore last fiscal, an increase of almost 28 per cent compared to the previous year.

Six of top-10 companies lose Rs 64,219 cr in m-cap

Six of top-10 companies lose Rs 64,219 cr in m-cap

Sun, May 05, 2019

ITC, HUL, Infosys, SBI and ICICI Bank were the other firms which witnessed a slide in their market capitalisation (m-cap) for the week ended Friday, while Reliance Industries Ltd (RIL), HDFC Bank, HDFC and Kotak Mahindra Bank finished with gains.

Tata Steel Q4 result today: Revenue expected to grow 20 per cent

Tata Steel Q4 result today: Revenue expected to grow 20 per cent

Thu, Apr 25, 2019

Tata Steel will report fourth-quarter earnings for the financial year 2018-19 on Thursday, April 25, 2019. Zee Business research expects that the steel maker’s revenue will grow by about 20 per cent from Rs 36,132 crore to Rs 43,313 crore (YoY).

Post Office transformation: TCS modernises 1.5 lakh post offices in Rs 1100-crore deal

Post Office transformation: TCS modernises 1.5 lakh post offices in Rs 1100-crore deal

Sun, Apr 21, 2019

Tata Consultancy Services (TCS), India's largest IT services company, said it has deployed an integrated solution for India Post that has helped modernise a network of more than 1.5 lakh post offices in the country.

TCS, Reliance Industries, HDFC Bank, HUL, Kotak Mahindra and ICICI Bank add Rs 98,502 crore in m-cap

TCS, Reliance Industries, HDFC Bank, HUL, Kotak Mahindra and ICICI Bank add Rs 98,502 crore in m-cap

Sun, Apr 21, 2019

The combined market capitalisation of six of the 10 most valued Indian firms swelled by Rs 98,502.47 crore last week, with IT major Tata Consultancy Services (TCS) emerging as the biggest gainer.

Wipro Q4 adds to profit, but growth lags Infosys, TCS; Should you buy this Azim Premji led company's stock?

Wipro Q4 adds to profit, but growth lags Infosys, TCS; Should you buy this Azim Premji led company's stock?

Wed, Apr 17, 2019

Wipro presented its last quarter and fiscal year result for FY19 on Tuesday. The firm bagged consolidated net profit of Rs 2,484 crore in Q4F1Y9, higher by 37.74% compared to profit of Rs 1,808 crore a year ago same period.

Money Magnet stock? TCS shares to give 20 pct return in 3 months, say experts

Money Magnet stock? TCS shares to give 20 pct return in 3 months, say experts

Mon, Apr 15, 2019

TCS is advised to buy around Rs 2,000 to Rs 2,015 levels for the target of Rs 2,410 per counter, say equity experts.

TCS vs Infosys: Which is better bet on Dalal Street? This is what Q4 result could mean for investors

TCS vs Infosys: Which is better bet on Dalal Street? This is what Q4 result could mean for investors

Mon, Apr 15, 2019

Even though both TCS and Infosys have posted growth in their PAT levels, yet investors prefer the former's stock compared to latter.

Q4 earnings, macro data to drive markets in holiday-shortened week ahead: Analysts

Q4 earnings, macro data to drive markets in holiday-shortened week ahead: Analysts

Sun, Apr 14, 2019

Equity benchmarks closed in the green for the second straight session Friday as investors looked forward to the earnings season with measured optimism amid an uncertain global growth environment.

In conversation with TCS' EVP and Head of Global HR

In conversation with TCS' EVP and Head of Global HR

Sat, Apr 13, 2019

The country's largest software services firm Tata Consultancy Services (TCS) Friday reported a 17.7 per cent growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter. Watch this video to know more.

TCS Q4 results 2019: TCS Q4 profit jumps 18% to Rs 8,126 crore

TCS Q4 results 2019: TCS Q4 profit jumps 18% to Rs 8,126 crore

Fri, Apr 12, 2019

Tata Consultancy Services (TCS) on Friday posted a net profit of Rs 8126 crore for the fourth quarter, ended March 31, 2019. Watch full video to know more.

TCS Q4 results highlights: Net profit rises 17.7 pct to Rs 8,126 crore

TCS Q4 results highlights: Net profit rises 17.7 pct to Rs 8,126 crore

Fri, Apr 12, 2019

The country's largest software services firm Tata Consultancy Services (TCS) Friday reported a 17.7 per cent growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter. This is against a net profit of Rs 6,904 crore in the year-ago period, TCS said in a regulatory filing.

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