Page 5 - Tcs Stock

AI to usher in era of technological prowess: Tech Mahindra Chairman

IT firm to follow 'three-pronged' strategy for revenue and profitability predictability, says Mohit Joshi

How to trade IT stocks amid Nasdaq fall, rupee levels, Accenture results?

Technical charts suggest that Infosys can potentially rally up to 10% from present levels; while TCS and HCL Technologies still look weak.

TCS shares gain after launching first Generative AI aggregator platform

The platform, which is a first in its category for the country, will remove barriers for customers to develop and launch business solutions, allowing for real-time experimentation across vendor

Mcap of 8 of 10 most valued firms erodes by Rs 2.08 trn; RIL, TCS suffer

The combined market valuation of eight of the top-10 most valued firms declined by Rs 2,08,207.93 crore last week, with bellwether Reliance Industries, TCS and Infosys taking the biggest hit. While these three firms along with ITC, Life Insurance Corporation (LIC), Hindustan Unilever Ltd, Bharti Airtel and ICICI Bank were the laggards, HDFC Bank and State Bank of India (SBI) emerged as gainers. Last week, the 30-share BSE Sensex tanked 1,449 points or 1.92 per cent. It rose by 75.71 points or 0.10 per cent to settle at 73,961.31 on Friday, snapping a five-day losing streak. The market capitalisation (mcap) of index heavyweight Reliance Industries plunged by Rs 67,792.23 crore to Rs 19,34,717.12 crore, while TCS mcap declined by Rs 65,577.84 crore to Rs 13,27,657.21 crore. The valuation of Infosys slumped by Rs 24,338.1 crore to Rs 5,83,860.28 crore, and that of ITC went lower by Rs 12,422.29 crore to Rs 5,32,036.41 crore. Mcap of LIC dropped by Rs 10,815.74 crore to Rs 6,40,532.52

Global investors' preference for AI hits India IT stocks' heft as tech bets

Traditional software companies' earnings and valuations are at risk because their business models are not evolving with the times, said Deven Choksey, managing director of DRChoksey FinServ Pvt

86% of executives have deployed AI to enhance revenue: Global TCS study

Companies realising that being 'AI mature is a marathon, not a sprint', it says

Stocks to watch on May 14: Shriram Finance, Zomato, DLF, TCS, Maruti Suzuki

Shriram Finance announced that board has approved the sale of its housing finance subsidiary Shriram Housing Finance to Warburg Pincus for Rs 4,630 crore

TCS announces creation of Global AI Center of Excellence in Paris

TCS has continuously ramped up its investments in France, since commencing operations in 1992. With the acquisition of TKS- Teknosoft in 2006, and of Alti in 2013

TCS' outlook improving after 2 years of recessionary fears: Chandrasekaran

GenAI will we have impact 'not previously seen or imagined', says IT company's chairman

TCS CEO Krithivasan's salary for FY24 at Rs 25 cr, COO earned Rs 26.18 cr

Krithivasan's remuneration includes his that for his previous role as company's global head for BFSI

This Tata group company is among Sharekhan's top stock picks for today

TCS has witnessed buying interest from the 50 per cent Fibonacci retracement level (3780) of the previous rise from 3,311 - 4255. Positive divergence is also witnessed on the daily charts

Cognizant Q1 profit declines 6% to $546 million, revenue dips 1.2%

2024 full-year revenue guidance unchanged at -2% to 2%; firm signed 8 large deals during the quarter with TCV of $100 million each

HCLTech Q4 results: Revenue guidance at 3-5%, higher than Infosys' 1-3%

IT firm reported a net profit of Rs 3,986 crore for the quarter ended March 2023 (Q4FY24), up 0.1 per cent on a year-on-year (Y-o-Y) basis

TCS looking to increase prices to boost operating margins: CFO Seksaria

The company said it is expecting a "better" fiscal 2025 on a robust deal pipeline including a record $13.2 billion worth of orders in the reporting quarter

TCS trades firm in weak market on strong Q4 show; brokerages remain upbeat

TCS reported a 9.1 per cent YoY growth in net profit at Rs 12,434 crore for Q4FY24, while revenue from operations rose by 3.5 per cent.

Near-term growth snags could keep IT services giant TCS in a bind

Yet, positioned for revenue growth with recent strong deals, driven by a strengthening US economy

TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

India, UK drive IT company's growth in the quarters as US business continues to be subdued

TCS trades flat ahead of March 2024 quarter results today

Earlier in the day, the stock soared as much as 0.77 per cent to hit an intraday high of Rs 4,013.25

Stocks to Watch today: TCS, Bharti Hexacom, PVR Inox, BoB, Vodafone Idea

Stocks to watch on Friday, April 12, 2024: TCS to announce March quarter results today; likely to set the tone for the IT sector; Bharti Hexacom to debut.

Integration challenges, valuations key hurdles for LTI Mindtree investors

Centrum Research believes that the company has sufficient operating levers that will help it report a higher margin in FY25 vs FY24