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TCS

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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TCS beats estimate in Q1FY19; will rivals Infosys, Wipro follow suit?

TCS beats estimate in Q1FY19; will rivals Infosys, Wipro follow suit?

Wed, Jul 11, 2018

While TCS is becoming favorite of investors, the share price of Infosys and Wipro are not keeping pace.

TCS crosses 4-lakh employee mark; women in workforce up by 35.6%; all details here

TCS crosses 4-lakh employee mark; women in workforce up by 35.6%; all details here

Wed, Jul 11, 2018

Total employee strength at the end of Q1 crossed the 400k mark and stood at 401,875 on a consolidated basis.

TCS hits fresh high of Rs 1,939 post Q1FY19 result, but analysts cautious on rich valuation

TCS hits fresh high of Rs 1,939 post Q1FY19 result, but analysts cautious on rich valuation

Wed, Jul 11, 2018

The intentions of investors were already out there in the open one day before TCS result announcement - they were confident in the company’s earning this quarter. Investors had taken TCS share price to a high of Rs 1,930 per piece on BSE on June 09.

TCS continues to amaze, this is what has happened now

TCS continues to amaze, this is what has happened now

Wed, Jul 11, 2018

TCS share price rallied as much as 3.13 per cent to Rs 1935.90, its all-time high level after the IT major reported record profit in the June quarter of FY19. The stock was the top gainer on Sensex and Nifty.

Why TCS posted a super-strong FY19 Q1 net profit

Why TCS posted a super-strong FY19 Q1 net profit

Wed, Jul 11, 2018

A Bloomberg poll of analysts had predicted TCS profit and revenue at Rs 7,018 crore and Rs 33,979 crore during Q1FY19.

This is why TCS net profit jumped 23%

This is why TCS net profit jumped 23%

Wed, Jul 11, 2018

TCS CEO and MD Rajesh Gopinathan said he is enthused by the rising demand from BFSI clients and sees the “green shoots developing nicely” to make him confident of sustaining the momentum and “positive in the medium-term”.

TCS Q1 result: Net profit soars to Rs 7,340 cr; key takeaways

TCS Q1 result: Net profit soars to Rs 7,340 cr; key takeaways

Tue, Jul 10, 2018

Tata Consultancy Services (TCS), the country's largest software exporter, declared its first quarterly results, ended June 30, 2018, of the fiscal today.

TCS Q1 net profit zooms 23.4 pct to Rs 7,340 cr; check out highlights

TCS Q1 net profit zooms 23.4 pct to Rs 7,340 cr; check out highlights

Tue, Jul 10, 2018

Tata Consultancy Services (TCS) has announced that its Q1 net profit has jumped as much as 23.4% to Rs 7,340 crore. TCS added that revenue was up 15.8% at Rs 34,261 crore over year-ago period.

TCS Q1 FY19 profit rises 24 pct, beats estimates

TCS Q1 FY19 profit rises 24 pct, beats estimates

Tue, Jul 10, 2018

India's biggest software services exporter posted a better-than-expected rise of about 24 percent in first-quarter net profit, helped by strong growth in its banking, financial services and insurance division.

After TCS, HCL Tech to consider share buy-back; stock spikes 4%

After TCS, HCL Tech to consider share buy-back; stock spikes 4%

Tue, Jul 10, 2018

The announcement comes within a month of TCS, the country's largest software services exporter, declaring a Rs 16,000 crore share buy-back programme. It has offered to buy back shares at a premium of over 15 per cent, at Rs 2,100 a share.

Top 5 stocks in focus on July 2, 2018: RITES, Fine Organic to Adani Group; here are the 5 newsmakers of the day

Top 5 stocks in focus on July 2, 2018: RITES, Fine Organic to Adani Group; here are the 5 newsmakers of the day

Mon, Jul 02, 2018

Reliance Industries is set to acquire Nasdaq-listed telecom solutions provider Radisys Corporation. Reports suggest that RIL has picked up a 100 per cent stake in Radisys for Rs 510 crore. The acquisition will further accelerate the company in the areas of 5G, IOT (Internet of Things) and open source architecture adoption.

Wipro CEO Abidali Neemuchwala beats Infosys chief Salil Parekh, even TCS chief Rajesh Gopinathan in FY18; Check fat pay packets

Wipro CEO Abidali Neemuchwala beats Infosys chief Salil Parekh, even TCS chief Rajesh Gopinathan in FY18; Check fat pay packets

Mon, Jun 25, 2018

Wipro CEO Abidali Neemuchwala, Infosys chief Salil Parekh, TCS chief Rajesh Gopinathan are three names that are very renowned in IT sector for taking their respective companies to a higher level due to their skills and knowledge.

Infosys, Cipla among key stocks hogging limelight in Wednesday's trade

Infosys, Cipla among key stocks hogging limelight in Wednesday's trade

Wed, Jun 20, 2018

Overnight, US stocks fell on Tuesday as a sharp escalation in the trade dispute between the United States and China rattled markets and put the Dow Jones Industrial Average back in negative territory for the year. However, S&P 500 futures edged slightly higher, rising 0.05 per cent.

How will TCS buyback of Rs 16,000 crore impact the company internally? Know pros and cons

How will TCS buyback of Rs 16,000 crore impact the company internally? Know pros and cons

Mon, Jun 18, 2018

Buybacks have gained momentum since TCS brought in major proposals in this segment, and this has definitely pushed other peers like Infosys, HCL Tech and Wipro to remove their own buyback.

TCS buyback proposal came as good news for investors; shares to get pricey going forward

TCS buyback proposal came as good news for investors; shares to get pricey going forward

Sat, Jun 16, 2018

The news of TCS buyback was very positively taken by investors and the share price touched a 52-week high of Rs 1,849, which led to overall rise of 3.16% on BSE.

TCS offers Rs 16K-cr to shareholders in 2nd buyback in 2 years

TCS offers Rs 16K-cr to shareholders in 2nd buyback in 2 years

Sat, Jun 16, 2018

The largest software exporter TCS today announced a Rs 16,000-crore share buyback, second in as many years, as part of its long-term capital allocation policy of returning excess cash to the shareholders

Race 3 releases today: Which among these six stocks to win 'race' on Dalal Street

Race 3 releases today: Which among these six stocks to win 'race' on Dalal Street

Fri, Jun 15, 2018

Entire Race series - Race 1, Race 2, Race 3 - is about intra-family rivalries and greed. There are family rivalries on stock market too. Yes, we are talking about group companies listed on stock market which compete with each other for investors' attention.

Top 5 stocks in focus on June 15: Dr Reddy's, Vedanta to Punj Lloyd, here are the newsmakers today

Top 5 stocks in focus on June 15: Dr Reddy's, Vedanta to Punj Lloyd, here are the newsmakers today

Fri, Jun 15, 2018

The Indian domestic market closed firmly down on Thursday after the US Federal Reserve raised the interest rates for the second time in the year. It has hinted two more such hikes in the remaining months of the year 2018.

Should you buy TCS shares ahead of buyback? Find out if it is a money making opportunity

Should you buy TCS shares ahead of buyback? Find out if it is a money making opportunity

Wed, Jun 13, 2018

TCS is the top IT company in India, and the buyback plan definitely comes as a good news for investors.

TCS to consider share buyback on June 15

TCS to consider share buyback on June 15

Wed, Jun 13, 2018

The Board of Directors will consider a proposal for buyback of equity shares of the company, at its meeting to be held on June 15, 2018. Last year, TCS had undertaken a Rs16,000-crore mega buyback offer, entailing 5.61 crore shares at a price of Rs 2,850 per equity share.

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