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Tata Consultancy Services Limited (TCS.NS)
| Previous close | 3,870.20 |
| Open | 3,872.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 3,810.00 - 3,881.75 |
| 52-week range | 3,156.00 - 4,254.75 |
| Volume | |
| Avg. volume | 2,563,031 |
| Market cap | 13.823T |
| Beta (5Y monthly) | 0.52 |
| PE ratio (TTM) | 30.38 |
| EPS (TTM) | 125.78 |
| Earnings date | 11 Jul 2024 |
| Forward dividend & yield | 51.00 (1.32%) |
| Ex-dividend date | 19 Jan 2024 |
| 1y target est | 4,186.40 |
ReutersHCLTech falls most in nearly 17 months on lower-than-expected FY25 outlook
HCLTech shares plummeted as much as 6.3% on Monday, its biggest fall in nearly 17 months, as India's No.3 software services company forecast fiscal 2025 revenue growth below estimates. Including the day's move, HCLTech is down 5.2% so far this year compared with a 6% fall in the IT index. Larger rival Infosys was down 7.3%, while Tata Consultancy Services was up 2.1%.
FortuneTata’s consultancy arm cuts bonuses for employees who aren’t in the office 5 days a week
Workers at the 600,000-strong consultancy risk receiving no bonus if they come into the office fewer than three days a week.
ReutersIndia's Wipro rises as Street pins hopes on new CEO after Q4 results
Shares of Wipro rose as much as 2.4% on Monday, after India's No.4 software services exporter posted better-than-expected fourth-quarter results, while some analysts pinned hopes on new CEO Srinivas Pallia to anchor a turnaround. Still, the stock has lost about 4% so far this year, while larger rivals Tata Consultancy Services and Infosys have gained 1.4% and shed 8.5% respectively. Wipro's quarterly revenue and profit came ahead of estimates, and Pallia said he will prioiritise growth at a time when India's $254 billion IT services industry grapples with reduced client spending due to high interest rates, geopolitical risks and economic uncertainty.
