ata Consultancy Services/ TCS Share Price Updates for July 12, 2024: Tata Consultancy Services stock surged close to 7 per cent on Friday’s trade. The company kicked off the first quarter of FY25 with an 8.8% year-on-year growth in profits to ₹12,105 crore. During the same time last year, the IT behemoth reported a profit …
TCS Q1 Results: Tata Consultancy Services (TCS) kicked off the April-June quarter results for fiscal 2024-25 (FY25) on Thursday, July 11, reporting a rise of 8.7 per cent in its consolidated net profit at ₹12,040 crore, compared to ₹11,074 crore in the corresponding period last year. India’s largest information technology (IT) services provider has beaten …
Tata Consultancy Services Ltd (TCS) reported consolidated first quarter net profit grew 8.7% year on year (YoY) to ₹12,040 crore despite degrowth in several business YoY. Net margin for the quarter ending June 30, 2024 was at 19.2%, India’s biggest IT company by revenue said in a filing with exchanges. Revenue for the quarter at ₹62,613 crore …
11 Jul 2024, 02:33 PM IST TCS Q1 Results 2024 Live: TCS share price trades flat ahead of Q1 results today TCS Q1 Results 2024 Live: TCS share price traded flat ahead of the announcement of Q1 results today. TCS shares opened higher at ₹3,944.65 apiece on the BSE and hit an intraday high of …
Antique on Ramco Cements Downgrade to Hold, TP cut to Rs 840 from Rs 1000 Cos 4Q realization to 4-yr low of less than Rs 4900/tn may not improve meaningfully in near-term as a) South region utilization (currently at 65%) is unlikely to fall below 55% nor is it likely to cross 85% b)Ramp-up of …
IT sector companies will kick off the earnings season for the first quarter of FY25, with Tata Consultancy Services (TCS), Infosys, Wipro, and others leading the way in announcing their Q1FY25 results. The earnings of the IT services sector for the April-June 2024 quarter is expected to be a mixed bag with sluggish revenue growth …
Gensol Engineering: Company gets 250 MW battery energy storage project worth Rs 1,340 crore Bondada Engineering: Company receive an order worth Rs. 939.39 Crore from m/s. NLC India Limited. Tata Power: Company Enabling E-Mobility Across 30+ Bus Depots For State Transport Corporations Like Dtc, Best, Bmtc, Jscl, Sscl, Brts-Ajl Through Oem Partnerships. IRCON: Company says …
The Nifty IT index is currently down 4% for the week, and if chart patterns are anything to go by, the index may see further downside from current levels. CLSA’s Laurence Balanco believes that the IT index can see another 7% to 8% downside based on current chart patterns. “At the sector level, it is …
Just when the shares of Tata Consultancy Services (TCS) hit a fresh lifetime high of Rs 4,254.45 on BSE on Monday, investment banker JP Morgan issued the term sheet of a block deal in which Tata Sons was looking to sell 2.43 crore shares of the software company. The next day, a large block deal …
Buy or sell stocks: Amid broad-based selling across sectors, the Indian stock market ended lower on Wednesday. The Nifty 50 index witnessed a sharp correction on the previous session and ended 338 points or 1.51 percent lower at 21,997 level. The BSE Sensex crashed 906 points or 1.23 percent and closed at the 72,761 mark …