TCS EARNINGS NEWS
Why did market fall today? Sensex falls 353 points, Nifty closes below 22,700 despite Jio’s solid debut; 4 triggers spooking D-Street
In a challenging session, the Indian stock market dipped into the red due to increased oil prices and a slump in IT stocks. Jio Platforms’ promising launch couldn't counter the broader fears stemming from escalating conflicts in the Middle East. Major indices dropped sharply, impacted by worries about inflation and fluctuating bond yields.
F1's India comeback is gathering speed, but the road to the starting grid is far from clear
Formula 1’s return to Africa has revived hopes of an Indian Grand Prix comeback, with talks involving Formula One Management, the Adani Group and the government gaining momentum. The bigger challenge is not convincing F1 of India’s market potential but fixing the tax, customs and policy problems that drove the race out in 2013, while finding space on an already crowded calendar.
Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotion
Keep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose important events to the stock exchange and most of them explain their numbers to analysts. Long before you find an email from your HR, the company has already announced its hiring freeze or restructuring plans in its earnings call.
AI traders behaving like casino gamblers? What made chip trade toxic and why that’s good news for India
Global AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI spending. Conversely, Indian IT stocks surged, adding Rs 26,000 crore in market cap as investors rotated into services over semiconductor hardware exposure.
'Never-ending flow of cheap labour': JD Vance reiterates US stand on barring Microsoft, TCS Infosys & others from green card program
US Vice President JD Vance defended the Trump administration’s move to suspend major technology companies, including Microsoft and Adobe, from the employment-based green card programme, accusing corporations of relying on cheap foreign labour at the expense of American workers.
IT stocks surge despite US immigration curbs
On Friday, Indian IT stocks experienced an impressive surge, spearheaded by a remarkable 4.2% jump in Tata Consultancy Services shares. This unexpected rally took analysts by surprise, as it unfolded amidst ongoing concerns surrounding US regulations impacting technology firms. Additionally, OpenAI’s updated revenue projections alleviated fears regarding potential disruptions from AI on traditional IT services.
- Go To Page 1
Stocks in news: TCS, ITC, Infosys, Cochin Shipyard and RIL
On Thursday, the financial markets took a hit, plummeting by almost 1.5% due to robust selling pressure. The Nifty index wavered near its April 2026 low, suggesting ongoing vulnerabilities. In a positive twist, TCS announced a notable 15% rise in its consolidated net profit for the second quarter. Meanwhile, ITC engaged in a substantial block trade, while shares of Infosys and Wipro faced declines during US market hours.
TCS shares jump 3% ahead of Q2 results. 5 things investors should watch out for
TCS Share Price: According to the average of seven brokerages, TCS revenue is likely to grow about 13% YoY, while profit may rise around 9%. Sequential growth, however, is expected to remain modest, with most analysts pencilling in constant-currency revenue growth of 0.5-0.6%.
TCS, Wipro, other IT stocks rebound up to 6%, snapping 8-day losing streak. Why is Jefferies cautious?
IT stocks rebounded on Wednesday, with TCS, Wipro and Coforge snapping an eight-session losing streak. The Nifty IT index rose nearly 3%, aided by a stronger US dollar and higher US bond yields, though brokerages remain cautious ahead of the Q2 earnings season.
Rs 1.13 lakh crore boom in one corner, a bust in another: What changed in the AI trade?
Indian IT stocks surged as calls for a slower pace of frontier AI development eased concerns over disruption to traditional software services. The Nifty IT Index gained 5% on Tuesday, adding Rs 1.13 lakh crore in market value, while power and infrastructure stocks tied to AI buildout declined sharply, highlighting a shift in investor positioning.
Udaan to buy Swiggy’s Lynk; India’s BRICS tech push
Udaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5.
Why did market fall today despite positive fundamentals? 5 reasons why Sensex fell 383 points, Nifty ended below 23,800
Indian benchmark indices extended their four-week losing streak on Monday as escalating US-Iran tensions, surging crude oil prices, rising US rate-hike bets, elevated bond yields and continued FII selling weighed on investor sentiment. IT stocks led the decline, with Infosys among the top losers.
Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edge
Porsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal supports digital transformation, but weaker quarterly revenue, China competition, tariffs, EV costs and Volkswagen restructuring concerns continue to weigh on investor sentiment and Porsche’s turnaround prospects.
Infosys, HCLTech, other IT stocks gain on Nvidia’s likely price hikes. Are AI bubble worries coming true?
Indian IT stocks gained on Monday as reports of Nvidia’s potential server price hikes revived concerns over rising AI infrastructure costs and stretched valuations. The Nifty IT index rose over 1%, with Infosys and HCLTech among the gainers. Analysts, meanwhile, continue to debate whether India’s IT sector offers an “anti-AI” advantage.
TCS declares Rs 31 per share final dividend, FY26 payout at Rs 39,571 crore
TCS Dividend News: Tata Consultancy Services declared a final dividend of Rs 31 per share for the financial year ending March 31, 2026. The IT giant reported a 12% year-on-year growth in its consolidated net profit for the March quarter. Revenue also saw a 10% year-on-year increase. The company's operating margin reached its highest in four years.
TCS to pay Rs 10 per share as interim dividend and Rs 66 per share as special dividend
TCS Q3 Dividend News: The Board of TCS approved a third interim dividend of Rs 10 per share and a special dividend of Rs 66 apiece for the financial year ending March 2025.
TCS Q2 results on October 10; board to consider second interim dividend
TCS will announce its Q2 earnings on October 10, with a potential interim dividend declaration. Despite a gradual recovery in client spending, revenue growth remains stable. MOFSL expects TCS to see a 1% QoQ growth in constant currency. Previous Q1 profits and revenue exceeded expectations.
TCS Q4 Results: Profit rises 9% YoY to Rs 12,434 crore, beats estimates
TCS Q4 Results: Revenue from operations increased by a marginal 3.5% year-on-year (YoY) to Rs 61,237 crore. On a sequential basis, profit after tax jumped 12%, compared with Rs 11,058 crore clocked in the preceding December quarter. Revenues were up 1% quarter-on-quarter (QoQ).
TCS Q4 Preview: Reversal of furloughs to aid sales growth; FY25 outlook on radar
TCS likely to see sequential revenue growth in Q4 driven by BFSI and manufacturing sectors, with key focus on management commentary on new deals and vertical outlook.
Breaking down IT's earnings season and buyback bonanza
“The challenges which the IT companies had still continue. They have worked very hard to ensure the cost escalation does not happen. They have also worked towards gaining large orders.”
TCS Q4 Results: Profit jumps 15% YoY to Rs 11,392 crore; dividend declared at Rs 24/share
TCS Q4 Results: Both the top and bottomline figures were below Street estimates. At a board meeting, TCS also announced a final dividend of Rs 24 per share.
TCS Q3 Earnings: Company announces dividends totalling Rs 75 per share
Both interim and special dividends would be paid on February 3 to equity shareholders of the company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Tuesday, January 17, 2023
Why is Mahantesh Sabarad cautious on TCS’ margin guidance?
"Margin improvement will definitely happen, but moving towards 26-27% is a big challenge and when it comes to the supply-side situation, unless the attrition rate is really handled properly or addressed quite well, we will see more margin pressures."
TCS disappoints in Q1 but demand traction looks intact
The country’s largest software exporter posted $ 6,780 million in revenue for the quarter compared with analysts’ average expectation of $6,824.5 million. In constant currency (CC) terms, it grew by 3.5% sequentially, but in reported terms, the growth was just 1.3% reflecting the impact of weaker pound and euro against the dollar during the quarter.
TCS Q1 dollar revenue growth expected to be lower amid cross currency headwinds
According to the average of the estimates by ETIG and eight brokerages, the dollar-denominated revenue of TCS is expected to grow by 1.9% sequentially to $ 6,824.5 mn compared with the 2.6% growth in the previous quarter. A weaker euro and pound against the dollar will affect the reported growth even though the constant currency (CC) growth is expected to be higher at 3-4%.
TCS Q1 results tomorrow. What to expect from tech major this time?
Dollar revenue growth is seen at 3.4 per cent YoY or 1.5 per cent QoQ, with the cross-currency impact seen at 190 basis points. Deal wins and the impact of the macro weakness on growth will be key monitorable, Motilal Oswal said in a note.
TCS Q3 results: Profit rises 12% YoY; firm announces Rs 18,000 cr buyback
TCS announced a third interim dividend of Rs 7 per share.
Infosys at highest-ever discount to TCS, has 22% upside: Motilal Oswal
Infosys shares are at a historically low discount to those of rival Tata Consultancy Services, which warrants a re-look at expectations of the Infosys stock's performance over the coming year, analysts said.
Load More
