TCS, Infosys trade flat ahead of Q4 results announcement

It is for the first time that the two IT giants will announce their quarterly results on the same day.

The firm’s employees in the age group of 18-25 came down to 28.16 per cent from 31.19 per cent in the previous financial year

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Brokerage firm Prabhudas Lilladher expects revenue of TCS and Infosys to grow 2.3 per cent in constant currency terms in Q4.

SI Reporter New Delhi

2 min read Last Updated : Apr 12 2019 | 1:36 PM IST

Shares of IT giants Tata Consultancy Services (TCS) and Infosys were trading flat on the BSE in the early hours, with their January-March quarter (Q4FY19) results set to be announced later in the day.

At 9:40 AM, Infosys was up 0.82 per cent at Rs 749.25 while Tata Consultancy Services had gained 0.69 per cent to trade at Rs 2,033. In comparison, the S&P BSE Sensex had risen 0.23 per cent, or 87 points, to 38,694.

It is for the first time that the two IT giants will announce their quarterly results on the same day. Read here