TCS share price

TCS shares defy market sell-off as target prices rise after Q4 beat. Should you buy?

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Shares of top software services exporter Tata Consultancy Services (TCS) on Monday saw buying action after brokerages raised target prices following a good show in Q4 results where a 100 bps quarter-on-quarter rise in EBIT margin surprised investors. TCS shares today rallied up to 1% to the day’s high at Rs 4,063 on BSE even … Read more

TCS share price: TCS in for some bounce after a good Q4 show

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Mumbai: The shares of Tata Consultancy Services (TCS) are likely to surge in the near term in response to the company’s better-than-expected March quarter results announced after trading hours on Friday. Analysts said the stock could move up by 3-5% soon but upsides could be tempered by concerns over the revenue outlook for the sector … Read more

TCS | TCS Q4 earnings: What to expect from TCS Q4 earnings? Sandip Sabharwal answers

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“I think these are broadly the themes which from a stock market perspective could do well. Then, the power demand could go up and that could benefit some of the power companies supplying on merchant basis and I think that those stocks already also had some sort of run up because of this,” says Sandip … Read more

tcs shares: Tata Sons sells over 2 crore shares of TCS in Rs 9,000-crore block deal, stock down 3%

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Tata Group holding company Tata Sons on Tuesday likely sold around 2.02 crore shares or 0.6% equity in Tata Consultancy Services (TCS) in a block deal following which the shares fell 3% to Rs 4021.25 on BSE. The deal is reported to be worth around Rs 9,000 crore at an average share price of Rs … Read more

tcs shares: TCS shares rally over 4% to cross market cap of Rs 15 lakh crore for first time

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Shares of Tata Consultancy Services (TCS) rallied over 4% to hit an all-time high at Rs 4,135.9 in Tuesday’s trade on BSE. Meanwhile, the IT major also crossed Rs 15 lakh crore of market cap for the first time in today’s trade. The rally in the stock came after the firm on Monday said that … Read more

IT stocks to buy: IT stocks at inflection point? Both FIIs, mutual funds up stake in Q3

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Betting that IT stocks could be traversing an inflection point as the growth momentum may bottom out over the next few months and a return to growth over CY24 on the back of easing of several headwinds and new drivers taking over, both FIIs and mutual funds increased their shareholding in most largecaps.MF holding in … Read more

TCS share price: TCS shares jump over 3% as Q3 earnings beat Street estimates. Should you buy?

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Shares of Tata Consultancy Services (TCS) jumped over 3% to the day’s high of Rs 3,860.25 on the NSE after the brokerages remained upbeat on IT bellwether following its Q3 results wherein it beat revenue expectations even as the bottomline trailed Street view. Morgan Stanley upgraded the stock to Overweight while raising its price target … Read more