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Here is why TCS shares declined 4% today despite a strong Q4 earnings show

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 ....

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TCS reports 15% rise in Q4 net at Rs 9,246 cr; declares dividend of Rs 15

India s largest software exporter Tata Consultancy Services (TCS) on Monday reported 15% increased in its consolidated net profit at Rs 9,246 crore for the fourth quarter ending March 31, 2021. It was Rs 8,049 crore in the year-ago period.
Consolidated revenue from operations rose 9.4% to Rs 43,705 crore as against Rs 39,946 crore a year ago.
Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said: “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. Our focus going into FY22 will be to engage with clients in their growth agenda, propelled by innovation and leverage of collective knowledge.” ....

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TCS posts strong Q4 results helped by $9.2-bn order book; revenue rises 4%

Read more about TCS posts strong Q4 results helped by $9.2-bn order book; revenue rises 4% on Business Standard. The company also announced a final dividend of Rs 15 per equity share of Re 1 face value ....

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