Trends - Tata Consultancy Services

Tata Consultancy Services

India’s TCS to take $125 mln hit to Q3 earnings over US lawsuit

BENGALURU: India’s Tata Consultancy Services (TCS) on Tuesday said it will make a provision of $125 million in its...

Published 21 Nov, 2023 07:12pm

Technology

India’s TCS posts 17% rise in Q1 profit, beats view on deal wins

BENGALURU: Tata Consultancy Services, India’s No.1 software services exporter, reported a better-than-expected 16.8%...

Published 12 Jul, 2023 04:42pm

Technology

India’s TCS signs $1.1bn contract with UK’s Nest

BENGALURU: India’s top IT services provider Tata Consultancy Services said on Wednesday that it has signed a new...

Published 21 Jun, 2023 09:52pm

Business & Finance

Indian IT giant TCS misses profit estimates on US weakness

MUMBAI: Indian software giant TCS reported a weaker-than-expected increase in first-quarter profits Wednesday, as...

Published 17 Apr, 2023 06:41am

Markets

Indian shares end higher

BENGALURU: Indian shares settled higher on Monday, driven by broad-based gains for risky assets across regions after...

Published 10 Jan, 2023 06:00am

Business & Finance

India’s TCS sees softness in long-term deals after second-quarter beat

BENGALURU: Tata Consultancy Services Ltd said it was seeing some softness in long-term deal decision making after...

Published 10 Oct, 2022 07:20pm

Technology

India’s Infosys misses profit expectations as costs surge

BENGALURU: India’s Infosys Ltd on Sunday reported June-quarter profit that missed estimates, hurt by higher employee...

Published 24 Jul, 2022 06:43pm

Markets

Tech stocks drag Indian shares ahead of TCS earnings

BENGALURU: Indian shares retreated on Monday on weakness in the technology sector ahead of earnings from Tata...

Published 12 Apr, 2022 05:17am

Business & Finance

India’s TCS quarterly net up 12pc on digital services demand

NEW DELHI: India’s top software services exporter Tata Consultancy Services Ltd (TCS) reported a 12.3% jump in...

Published 17 Jan, 2022 07:06am

Markets

India's Wipro shares fall over 6% as quarterly profit, outlook disappoint

BENGALURU: Shares of Wipro Ltd fell as much as 6.3% on Thursday, a day after the Indian IT services provider ...

Published 13 Jan, 2022 12:02pm

Markets

Indian shares climb

BENGALURU: Indian shares ended points away from record levels on Monday, lifted by strong gains in financials and on...

Published 06 Jul, 2021 03:48am

Business & Finance

India's Infosys posts 17.5pc fourth-quarter profit jump

The company won large deals worth a total of $2.1 billion in the quarter and added 130 clients, up from 84 additions in the same period last year.
Infosys posted consolidated net profit of 50.76 billion rupees ($675.39 million) in the three months to March 31, up from 43.21 billion rupees a year earlier.

Published 14 Apr, 2021 05:15pm

Markets

Indian shares fall 1% as surging coronavirus cases spook investors

The blue-chip NSE Nifty 50 index and the benchmark S&P BSE Sensex fell 1% to 14,405 and 48,675.66, respectively, as of 0507 GMT. The indexes had dropped nearly 2% in the previous session.

Published 25 Mar, 2021 12:12pm

Markets

Indian shares settle higher as IT, auto stocks gain

The NSE Nifty 50 index ended 1.07% higher at 14,919.10, while the S&P BSE Sensex closed 0.9% higher at 50,296.89.
Infosys and Tata Consultancy Services gained 3.2% each, while the broader Nifty IT index closed 3.04% higher.

Published 02 Mar, 2021 06:03pm

Technology

India's TCS becomes Most Valued IT Company in the World

India's Tata Consultancy Services (TCS) overtakes Accenture to become the most valued IT services company in the world today.
TCS's market capitalization rose to US$ 169.9 billion ahead of its rival Accenture.

Published 25 Jan, 2021 07:51pm

Business & Finance

India's Infosys raises revenue forecast as demand rises

Larger rival Tata Consultancy Services reported higher third-quarter profit last week and forecast strong growth for the year ahead.
It expects annual revenue in the financial year to end-March 2021 to grow between 4.5% and 5% in constant currency terms, higher than 2% to 3% forecast earlier.

Published 13 Jan, 2021 05:48pm

Business & Finance

India's TCS sees strong year ahead as remote work drives cloud demand

The results kick off India's corporate earnings season for a seasonally weak quarter for the software industry.
We should be able to get back to our aspirational double-digit growth trajectory, both for the calendar year and financial year ahead.

Published 08 Jan, 2021 08:14pm

BR Research

India's TCS reports higher profit as remote work drives cloud demand

The results kick off India's corporate earnings season for the December-quarter, a seasonally weak period for the software industry.
Growing demand for core transformation services ... have driven a powerful momentum that helped us overcome seasonal headwinds.

Published 08 Jan, 2021 06:28pm

Markets

Indian shares start 2021 on all-time high; IT rises

The Nifty Auto Index was up 0.66%. Indian automakers will be reporting December sales numbers on Friday.

Published 01 Jan, 2021 12:40pm

Gainers
Losers
Leaders

Stock	Price
Universal Ins. / Dec 4 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
SME Leasing Ltd / Dec 4 SME Leasing Limited(SLL)	2.16 ▲ 0.26 (13.68%)
F. Nat.Equities / Dec 4 First National Equities Limited(FNEL)	5.90 ▲ 0.62 (11.74%)
Waves Home Appliances / Dec 4 Waves Home Appliances Limited(WHALE)	8.85 ▲ 0.82 (10.21%)
HBL Invest Fund / Dec 4 HBL Investment Fund(HIFA)	3.42 ▲ 0.30 (9.62%)
Trust Sec.& Brok. / Dec 4 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Jubilee Spinning / Dec 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.98 ▲ 0.58 (9.06%)
Dewan Sugar / Dec 4 Dewan Sugar Mills Limited(DWSM)	4.05 ▲ 0.32 (8.58%)
Hussain Industries / Dec 4 Husein Industries Limited(HUSI)	16.13 ▲ 1.13 (7.53%)
Shadman Cotton / Dec 4 Shadman Cotton Mills Limited(SHCM)	15.59 ▲ 1.09 (7.52%)

Stock	Price
Tri-Star Mutual / Dec 4 Tri-Star Mutual Fund Limited(TSMF)	4.52 ▼ -0.92 (-16.91%)
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.01 ▼ -0.84 (-14.36%)
Reliance Ins. / Dec 4 Reliance Insurance Company Limited(RICL)	8.57 ▼ -0.93 (-9.79%)
B. F. Mod. / Dec 4 B.F. Modaraba(BFMOD)	5 ▼ -0.50 (-9.09%)
Hira Textile / Dec 4 Hira Textile Mills Limited(HIRAT)	1.90 ▼ -0.18 (-8.65%)
MithchellsFruit / Dec 4 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Shaheen Ins. / Dec 4 Shaheen Insurance Company Limited(SHNI)	3.40 ▼ -0.25 (-6.85%)
Asim Textile / Dec 4 Asim Textile Mills Limited(ASTM)	12.80 ▼ -0.93 (-6.77%)
Gammon Pak / Dec 4 Gammon Pakistan Limited(GAMON)	12.60 ▼ -0.90 (-6.67%)
Ask.Gen.Insur. / Dec 4 Askari General Insurance Company Limited(AGIC)	17.21 ▼ -1.17 (-6.37%)

Stock	Volume
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.05
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.18
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.26
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.69
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	25,001,694 ▲ 0.01
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.01
Oil & Gas Dev. / Dec 4 Oil & Gas Development Company Limited(OGDC)	16,187,022 ▲ 5.25
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	15,113,271 ▲ 0.51
D.G.K.Cement / Dec 4 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.03
Air Link Com. / Dec 4 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 1.80

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 4	146.85
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
Nasdaq / Dec 1	14305.03
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15
India Sensex / Dec 4	68587.82
Tokyo Nikkei / Dec 4	33273.12
Hang Seng / Dec 4	16729.01

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Crude Oil USD/Barrel / Dec 4	78.30
Gold Spot USD/Ounce / Dec 4	2085.16
Cotton US¢/pound / Dec 4	79.44

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