 "TCS turns volatile post Q4 results")
Tata Consultancy Services (TCS) was up 1.7% to Rs 2,348 at 09:34 am; bouncing back 4% from its two-months low touched in early morning trade on BSE post March quarter results (Q4FY17).
The stock of information technology (IT) dipped 2.4% to Rs 2,255 in intra-day trade after the company reported 1% quarter on quarter (QoQ) growth in its constant currency revenues — lower than analysts’ expectations of 1.5 to 2%.
TCS, India’s largest software exporter, said on Tuesday both fourth quarter (Q4) profits and revenues grew 4.2% to Rs 6,608 crore and Rs 29,642 crore, on the back
The stock of information technology (IT) dipped 2.4% to Rs 2,255 in intra-day trade after the company reported 1% quarter on quarter (QoQ) growth in its constant currency revenues — lower than analysts’ expectations of 1.5 to 2%.
TCS, India’s largest software exporter, said on Tuesday both fourth quarter (Q4) profits and revenues grew 4.2% to Rs 6,608 crore and Rs 29,642 crore, on the back
