TCS shares News
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TCS last month became India's first company to hit market capitalisation $100 billion.
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TCS reported a revenue growth of 8.2 percent at Rs 32,075 crore for the three months to March.
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Shares of TCS rose as much as 4.4 percent to a record high of Rs 3,553 today.
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Led by the gain in the stock, the company's m-cap moved to Rs 6,69,053.08 crore (10.08 am).
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The stock jumped 6.76 percent to settle at Rs 3,406.40 on BSE.
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TCS were trading up 6.43 percent to Rs 3395.90 apiece in the closing hours of the trade.
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Stating that fiscal 2017-18 has been a "sobering year" on slower revenue growth, TCS guided towards a better show in fiscal 2019.
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India's largest software exporter TCS on Thursday reported 2.1 per cent dip in net profit to Rs 6,446 crore for the September quarter on softness in banking and retail segments, but gave better guidance based on client optimism.
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Shares of IT major TCS on Wednesday fell by over 2 percent after the company's March quarter numbers came in lower than estimates.
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Shares of TCS fell by almost 4 percent Friday after the company flagged issues surrounding the H1-B visas in the US as a key headwind going forward.
TCS scrip Thursday plunged over 5 percent, knocking Rs 24,797 crore off its market valuation, as the company has warned that its financial sector clients in the US are holding back on discretionary spends, leading to a "sequential loss of momentum".
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The bellwether stock fell by 1.87 percent to Rs 2,474 even after a positive opening on BSE.
Led by the dip in the stock, the company's market value fell by Rs 21,349.78 crore to Rs 4,85,020.22 crore.
The stock was the biggest loser among the bluechips on both Sensex and Nifty during the early morning trade.
Shares of Tata Consultancy Services ended the day nearly 2 percent lower Monday as country's largest software services firm said it expects the January- March quarter revenues to be in line with the year-ago period.
TCS reported a 1.9 percent sequential revenue growth in U.S. dollar terms for the fourth quarter of 2013-14 which would put the January-March quarter growth at below current estimates, analysts said.
Shares of TCS on Friday fell by over 2 percent after the software exporter reported a marginal dip in net profit in December quarter due to lower margins.
After falling 4 percent to Rs 2,356.45 in intra-day trade, shares of the country's largest software services firm finally ended at Rs 2,362.80, down 3.78 percent on the BSE.
Country's largest software services firm Tata Consultancy Services (TCS) expects its revenue in the October-December 2014 quarter to be 'in line with seasonal trends'.
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