Read more about Here is why TCS shares declined 4% today despite a strong Q4 earnings show on Business Standard. Analysts at ICICI Securities, for instance, have downgraded TCS stock from Add to Hold while Kotak Securities maintains Reduce
During the quarter company won new orders worth $9.2 billion which was highest ever Total Contract Value (TCV) in a quarter, TCS said in a press release.
Share of India s largest IT firm Tata Consultancy Services (TCS) slipped over 3% ahead of its Q4 earnings scheduled to be announced later in the day. TCS share slipped 3.16% to Rs 3,217 against previous close of Rs 3,322 on BSE. The large cap stock has fa
URL copied
TCS Q4 profit rises 14.9% to Rs 9,246 crore in fourth quarter
The country s largest software services firm Tata Consultancy Services (TCS) on Monday reported a 14.9 per cent rise in consolidated net profit to Rs 9,246 crore for the March 2021 quarter. This is against a net profit of Rs 8,049 crore in the year-ago period, TCS said in a regulatory filing. The revenue of the IT major grew 9.4 per cent in the quarter under review to Rs 43,705 crore from Rs 39,946 crore a year ago, it added. Our investments over the last decade in building newer capabilities, and in research and innovation, position us well for the multi-year technology services opportunity ahead. While we continue to dominate in our traditional areas of strength, we are making good progress in gaining share in the growth and transformation opportunity, TCS Chief Executive Officer and Managing Director Rajesh Gopinathan said.
TCS bags Three UK s contract to accelerate 5G rollout
Three UK is in process of deploying a new 5G radio access network, which already live in 175 towns and cities in the UK. TCS will manage configuration of a new core next generation mobile network and ensure it integrates correctly with the 5G radio access network
BusinessToday.In | January 18, 2021 | Updated 14:10 IST
TCS has been providing different services to Three UK for the past 15 years
Leading global IT services major Tata Consultancy Services(TCS) has been selected by one of the UK s leading mobile network carriers Three UK to configure its mobile network for its ongoing 5G services rollout.