TCS reported dollar revenue of $7,210 million, down 0.2 per cent sequentially. Constant-currency growth came in at 0.1 per cent sequentially. Analysts were expecting the growth in 0.8-1.3 per cent range.
As per the mutual funds data, Canara Robeco Mutual Fund holds 1,92,45,560 Infosys shares by end of March 2023, which is 0.46 per cent of total paid up capital of the flagship large-cap IT company.
IT Stocks To Buy: HDFC Securities has recommended TCS, Infosys, Wipro, HCL Tech, Tech Mahindra, LTIMindtree, Persistent Systems and Mphasis shares to investors.