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Tata Consultancy Services Limited (TCS.NS)
| Previous close | 3,862.00 |
| Open | 3,838.00 |
| Bid | 3,826.20 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 3,800.90 - 3,852.55 |
| 52-week range | 3,100.80 - 4,254.75 |
| Volume | |
| Avg. volume | 2,595,460 |
| Market cap | 13.844T |
| Beta (5Y monthly) | 0.52 |
| PE ratio (TTM) | 30.39 |
| EPS (TTM) | 125.90 |
| Earnings date | 11 Jul 2024 |
| Forward dividend & yield | 51.00 (1.32%) |
| Ex-dividend date | 19 Jan 2024 |
| 1y target est | 4,184.98 |
ReutersIndia’s TCS counts on pricing increases to boost margins
Commanding higher pricing for technology contracts will be one of the ways Tata Consultancy Services looks to "further enhance" its operating margin that is already at a 12-quarter high, its chief financial officer said on Saturday. During its fourth quarter results on Friday, the company reported a 150 basis point increase in its operating margin from a year earlier to 26% on account of "disciplined execution" and lower subcontractor costs. Seksaria also said any price increases would be "structural" in nature and will be used as a medium- to long-term strategy.
ReutersIndia's TCS pins hopes on strong deal pipeline to drive growth in fiscal 2025
Tata Consultancy Services said on Friday it is banking on its robust deal pipeline to drive growth in 2025 after it reported lower-than-expected quarterly revenue on weak client spending in North America. The $254-billion Indian IT sector's clients have been curtailing their discretionary spends amid inflationary pressures and recession fears in key markets such as the United States and Europe. Industry body Nasscom estimated overall revenue growth more than halved to 3.8% last financial year.
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