Accenture’s weak guidance for Q2FY24 (hinting at a sequential decline in revenue could mean a weak December quarter for most Indian IT companies largely due to higher furloughs and fewer working days.
Rs 10 lakh invested in 2018 in the 10 fastest wealth creators would have been worth Rs 1 crore in 2023, states the latest edition of Wealth Creation Study by market veteran Raamdeo Agrawal of Motilal Oswal Financial Services
For TCS, focus would be on strategic direction under the new CEO. For TechM, focus would be on a possible turnaround under new CEO. Investors could also be looking for a buyback from Infosys and Wipro, Jefferies said.
TCS Share Price: In the 1990s, TCS had helped SIX build an originally critical core platform, which marked one of the first online real-time settlement systems in the world, serving as the backbone of the market post-trade value chain in Switzerland.
TCS shares are up 10.35 per cent for the one-month period. Infosys shares are up 9.37 per cent for the same period. Wipro has climbed 12.44 per cent, HCL Tech 13.83 per cent and TechM 8.13 per cent.