Tata Consultancy Services
2,396.90
-124.90(-4.95%)
Market Cap₹8,67,219.40 Cr
PE Ratio18.45
Company Performance:
1D-4.95%
1M+0.55%
6M-22.01%
1Y-29.77%
5Y-22.92%
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Latest news about Tata Consultancy Services
Morgan Stanley Maintains Overweight Rating on TCS with ₹2,880 Target Price 2 days ago
Morgan Stanley maintains Overweight rating on Tata Consultancy Services with ₹2,880 target price, projecting 4% FY27 growth in line with or better than peers. The rating is supported by TCS's 19% valuation discount versus peers post-FY26 underperformance and stronger market positioning indicating high probability of near-term outperformance.
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More news about Tata Consultancy Services
10Apr 26
HDFC Securities Maintains Add Rating on TCS with ₹3,000 Target Price on Strong Q4 Performance
HDFC Securities maintains Add rating on TCS with ₹3,000 target price, highlighting strong Q4 performance with 1.2% QoQ CC growth and highest margins in eight quarters at 25.3%. The company secured $12bn in Q4 deal wins, building a $40.7bn FY26 pipeline, while showing improved growth visibility across BFSI, manufacturing, and consumer sectors. With AI revenue reaching $2.3bn and projected 4.8% revenue CAGR and 7% EPS CAGR over FY26-28, the brokerage remains confident in the company's growth trajectory.
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10Apr 26
Goldman Sachs Maintains Buy Rating on TCS with ₹2,710 Target Amid Mixed Q4 Outlook
Goldman Sachs retains its Buy rating on Tata Consultancy Services with a ₹2,710 target price following the company's in-line Q4 performance. The brokerage highlighted strong deal wins including three mega deals and sequential growth across verticals, while noting challenges from weak revenue growth momentum, limited FY27 visibility, and margin pressure from AI reinvestment initiatives.
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10Apr 26
InCred Maintains Add Rating for TCS, Cuts Target Price to ₹3,052 on Cautious Demand Outlook
InCred has maintained its Add rating for Tata Consultancy Services while cutting the target price to ₹3,052 from ₹3,663. The revision follows Q4 results that showed modest beats in revenue and EBIT margins, but concerns persist over cautious demand outlook and weak bookings growth in North America and FSI segments. The brokerage notes that INR depreciation should support margin sustainability going forward.
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10Apr 26
Jefferies Maintains Underperform Rating on TCS with Target Price ₹2,275
Jefferies maintains its Underperform rating on Tata Consultancy Services with a target price of ₹2,275, citing mixed Q4 results with in-line revenue but margin miss. The brokerage highlighted concerns including weak BFSI segment growth, flat deal bookings, AI-led revenue deflation, and range-bound margins. Despite a 2% estimate increase from foreign exchange benefits, Jefferies projects a subdued 5.5% EPS CAGR over FY26-29, reflecting challenging medium-term growth prospects for the IT services major.
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10Apr 26
Nomura Maintains Buy Rating on TCS with Target Price ₹2,930 Amid Strong Deal Wins
Nomura maintains Buy rating on Tata Consultancy Services with ₹2,930 target price, citing strong Q4 performance and three mega deal wins. The brokerage expects FY27 international growth improvement and has upgraded EPS by 2–3% with higher FY27-28 USD revenue forecasts, while noting continued reinvestment with stable margins.
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10Apr 26
HSBC Maintains Hold Rating on Tata Consultancy Services with Target Price ₹2,755
HSBC has maintained its Hold rating on Tata Consultancy Services with a target price of ₹2,755, citing the company's decent Q4 performance amid IT sector pessimism. The brokerage noted improving exit rates and demand outlook, expecting relatively better performance in FY27 compared to FY26, though it anticipates only mid- to low-single-digit long-term revenue growth.
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10Apr 26
JPMorgan Maintains Overweight Rating on TCS with ₹3,150 Target Price
JPMorgan maintains Overweight rating on Tata Consultancy Services with ₹3,150 target price, citing strong Q4 revenue beat and $12 billion deal wins. The brokerage highlighted impressive 28% quarter-on-quarter AI revenue growth, improving international expansion, and stable margin performance. JPMorgan noted visibility for FY27 demand recovery, attractive cash returns of 80-100% of free cash flow, and valuations trading at a discount to industry peers.
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10Apr 26
CLSA Maintains Outperform Rating on TCS with Target Price ₹2,985 Amid Strong GenAI Growth
CLSA maintains its Outperform rating on Tata Consultancy Services with a ₹2,985 target price, citing in-line Q4 results and improving order bookings. The brokerage highlighted TCS's strong GenAI revenue growth of $2.30 billion annualised and limited Middle East impact. Despite modest 0.80% QoQ growth and volatile macro conditions, CLSA emphasized the company's attractive 6% FCF yield and valuation discount to peers as key investment drivers.
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10Apr 26
Citi Maintains Sell Rating on Tata Consultancy Services with Target Price ₹2,250
Citi maintains its Sell rating on Tata Consultancy Services with a ₹2,250 target price, citing inline Q4 EBIT performance but projecting a 2.4% YoY revenue decline for FY26 in constant currency. The brokerage notes modest TCV growth and a 4% headcount reduction, expecting low single-digit growth despite management's positive outlook, keeping the bullish-bearish debate around the stock ongoing.
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10Apr 26
Kotak Maintains Buy Rating on TCS with ₹3,100 Target Price Amid Strong Q4 Performance
Kotak Institutional Equities maintains its Buy rating on Tata Consultancy Services with a ₹3,100 target price, citing strong Q4 performance with three mega deal wins and improving international momentum. Despite past year underperformance, the brokerage expects TCS to catch up with peer growth by FY27, supported by stable margins, GenAI readiness, and a 3% EPS upgrade reflecting confidence in the company's operational strengths and market position.
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09Apr 26
TCS Renews Strategic Partnership with Marks and Spencer
Tata Consultancy Services has renewed its strategic partnership with Marks and Spencer, extending their collaborative relationship in technology services. This partnership renewal demonstrates mutual confidence between the Indian IT giant and the British retailer, supporting continued technology initiatives and business solutions.
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09Apr 26
TCS Board Officially Recommends Final Dividend of ₹31 Per Share Following FY26 Results
Tata Consultancy Services Board has officially recommended a final dividend of ₹31 per equity share for FY26, bringing the total dividend to ₹110 per share including interim dividend of ₹79. The recommendation is backed by solid FY26 financial performance with consolidated revenue reaching ₹267,021 crore (up 4.59%) and net profit of ₹49,210 crore (up 1.35%), despite exceptional charges totaling ₹4,526 crore during the year.
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08Apr 26
TCS Issues Final Reminder for Unclaimed Dividend Transfer to IEPF by July 13, 2026
Tata Consultancy Services has issued a final reminder notice for shareholders to claim their Final Dividend 2018-19 by July 13, 2026, to avoid mandatory transfer of shares and dividends to IEPF. The company has complied with regulatory requirements under the Companies Act, 2013, by sending individual communications and publishing newspaper advertisements. Shareholders must complete specific documentation processes based on their holding type (physical or demat) to prevent the transfer, with detailed procedures provided through the company's registrar MUFG Intime India Private Limited.
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27Mar 26
TCS Schedules Board Meeting and Earnings Call for April 9, 2026 to Discuss Q4FY26 Results
Tata Consultancy Services has scheduled its board meeting for April 9, 2026 to approve audited standalone and consolidated financial results for FY26 and recommend final dividend for shareholder approval. The company will also host an earnings conference call at 7:00 PM IST on the same day, providing virtual access to all investors and general public with multiple dial-in options and live audio webcast availability.
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20Mar 26
TCS and Swissport Extend Strategic Partnership to Accelerate AI-Led Transformation
TCS and Swissport have extended their decade-long partnership by five years, emphasizing AI-driven transformation and digital innovation. The collaboration will scale AI-enabled services, data platforms, and hybrid cloud operations while enhancing operational resilience across Swissport's global network of 300 airports in 45 countries.
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19Mar 26
TCS Signs Strategic MoU with ABB for IT, AI, and Engineering Collaboration
TCS and ABB have formalized their strategic partnership through an MoU focusing on IT infrastructure transformation, industrial AI initiatives, and data center development. The collaboration combines ABB's electrification expertise with TCS' AI and engineering capabilities to drive innovation and sustainable growth.
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19Mar 26
TCS Partners with Amadeus to Develop Nevio Service Center for Airline Retailing
TCS has formed a strategic global partnership with Amadeus to develop the Service Center User Interface for the Nevio platform, focusing on AI-powered, cloud-native solutions for airline retailing. The collaboration aims to improve customer service operations through intelligent workflows while creating new revenue opportunities for airlines worldwide.
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18Mar 26
TCS Opens Special Window for Re-lodgement of Physical Share Transfer Requests
TCS has opened a special window from February 5, 2026 to February 4, 2027 for re-lodgement of physical share transfer requests executed before April 1, 2019, following SEBI circular dated January 30, 2026. Eligible investors can submit documents to MUFG Intime India Private Limited, with shares to be issued only in demat form under one-year lock-in period.
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18Mar 26
TCS and Pearson Announce Multi-Year Partnership for AI-Powered Learning Solutions
TCS and Pearson have formalized a comprehensive multi-year partnership to accelerate AI-powered learning and assessment solutions for global enterprises. The collaboration integrates TCS's Contextual AI expertise and iON platform with Pearson's learning capabilities, focusing on workforce development, AI-led product co-development, and creating future-ready talent architectures for the AI-first economy.
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17Mar 26
TCS Launches Rapid Outcome AI Platform Powered by NVIDIA for Enterprise Deployment
Tata Consultancy Services officially launched its Rapid Outcome AI platform powered by NVIDIA technology to help enterprises transition from AI experimentation to production deployment. The platform targets multiple industries including manufacturing, telecommunications, banking, and retail, offering AI at scale, operational intelligence, and persona-based enterprise AI solutions.
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09Mar 26
TCS HyperVault AI Data Center Limited Ceases to be Wholly Owned Subsidiary Following TPG Investment
Tata Consultancy Services has announced that HyperVault AI Data Center Limited ceased to be its wholly owned subsidiary on March 9, 2026, following TPG Terabyte's acquisition of a 49% stake for INR 199.36 crores. The transaction, originally announced in November 2025, involved subscription to multiple share classes including equity and preference shares. HyperVault, incorporated in October 2025, had a net worth of INR 208.38 crores as of December 31, 2025, representing 0.18% of TCS's consolidated position.
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09Mar 26
TCS Launches Seventh Gemini Experience Center in Michigan for Physical AI Manufacturing
Tata Consultancy Services officially opened its seventh Gemini Experience Center in Troy, Michigan, specializing in Physical AI solutions for manufacturing. The facility, developed in partnership with Google Cloud, features the TCS Physical AI Blueprint integrating AI-powered robotics with advanced sensing and edge intelligence. As part of TCS's global expansion plan to operate 13 centers by 2026, the Troy facility enables manufacturers to explore autonomous patrolling, environmental monitoring, PPE compliance, and predictive equipment health monitoring applications.
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06Mar 26
TCS in Advanced Talks with Tech Giants for AI Data Centers in India
Tata Consultancy Services has progressed to advanced discussions with major technology giants for establishing AI-focused data centers in India, representing a strategic transformation from general infrastructure expansion to specialized artificial intelligence capabilities. This initiative demonstrates the company's commitment to reshaping its business model to capitalize on emerging AI technology and positions it at the forefront of India's digital infrastructure development.
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02Mar 26
TCS Expands Zscaler Partnership with AI-Powered Workspace Experience Studio Launch
Tata Consultancy Services has expanded its partnership with Zscaler to launch the AI-powered TCS Workspace Experience Studio, targeting a USD 8 billion market opportunity in the digital workspace segment. The solution successfully delivered 25-30% productivity improvements for a Scottish multinational engineering company through integrated zero-trust security, observability, and automated healing capabilities.
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28Feb 26
TCS Board Officially Appoints Walker Chandiok & Co LLP as Statutory Auditors
Tata Consultancy Services Board of Directors has formally recommended Walker Chandiok & Co LLP as statutory auditors for a five-year term from 2027-2032, following a board meeting on February 28, 2026. The appointment, communicated through official regulatory disclosures, will replace current auditors BSR & Co LLP after their second term concludes at the 32nd AGM in 2027, subject to shareholder approval.
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28Feb 26
TCS Appoints Madhav Uppuluri as General Counsel Effective April 1, 2026
Tata Consultancy Services Limited has appointed Mr. Madhav Uppuluri as General Counsel effective April 1, 2026, replacing retiring Mr. Madhav Anchan. Uppuluri brings over 28 years of legal experience spanning litigation, commercial law, corporate governance, and M&A, with previous roles at Tata Motors Limited, GE, and CK Birla Group. The appointment ensures continuity in TCS's legal operations and strengthens the company's corporate governance framework.
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25Feb 26
TATA Consultancy Services Forms Partnership With GitLab For AI Software Management
Tata Consultancy Services has announced a strategic partnership with GitLab to accelerate software innovation through AI-driven orchestration capabilities. The collaboration combines TCS's AI-led enterprise transformation expertise with GitLab's Duo Agent Platform, enabling customers to orchestrate agentic AI automation across the software development lifecycle while maintaining enterprise-grade governance and security.
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25Feb 26
TCS Confirms MoU with University of Bristol for Talent Development Partnership
Tata Consultancy Services confirmed signing a Memorandum of Understanding with University of Bristol as part of its global talent development strategy. The company clarified that this partnership, aimed at nurturing talent and creating a future-ready workforce, does not constitute a material event under SEBI regulations. TCS addressed recent share price movements as market-driven and industry-wide, emphasizing no other material events require disclosure.
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23Feb 26
TCS and ServiceNow Sign Multi-Year Partnership to Accelerate Enterprise AI Adoption
Tata Consultancy Services and ServiceNow have signed a comprehensive multi-year partnership agreement to help enterprises accelerate large-scale AI adoption across their business operations. The collaboration focuses on developing industry-specific AI solutions that transform manual processes into intelligent, autonomous workflows, particularly targeting back-office functions like HR, finance, supply chain, and procurement, with investments in co-innovation labs and integrated go-to-market programs.
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19Feb 26
TCS and OpenAI Announce Strategic Partnership to Drive AI Transformation in India and Globally
TCS and OpenAI have announced a comprehensive strategic partnership to drive AI transformation across enterprise, consumer, and social sectors. The collaboration includes providing Enterprise ChatGPT access to thousands of Tata Group employees, joint development of industry-specific Agentic AI solutions, and combined go-to-market initiatives for global enterprises. A key component involves TCS' HyperVault unit developing 100MW AI infrastructure capacity in India with scaling potential to 1 GW. The partnership also encompasses social impact initiatives targeting AI training for one million Indian youth through collaboration between the OpenAI Foundation and TCS.
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12Feb 26
TCS Hosts AI Hackathon for 10,000 Non-Engineering Students to Boost India's AI Fluency
TCS has conducted the world's first large-scale AI hackathon for non-engineering students, engaging over 10,000 participants across 22 colleges in 10 states over six weeks. The flagship Tata Bharat YUVAI Hackathon at the India AI Impact Summit on February 17th will train nearly 2,000 additional students. Using voice-first AI tools in nine Indian languages, the program enables students from Arts, Commerce, Nursing, Agriculture, and other disciplines to develop prototypes within 90-120 minutes, addressing the 62% of Indian undergraduates in non-engineering fields.
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09Feb 26
TCS Partners with Flight Centre Travel Group for Enterprise Technology Transformation
Tata Consultancy Services has partnered with Flight Centre Travel Group to drive global digital transformation across the travel company's operations. The collaboration will modernize technology platforms, strengthen resilience, and enhance customer experience through TCS' expertise in travel industry technology, data and AI solutions. TCS will help FCTG streamline core systems, improve performance, and adopt an AI-first global operating model, building on TCS' over three decades of travel sector leadership and 35-year presence in Australia.
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04Feb 26
TCS Records Rs. 23.41 Crore Block Trade on NSE at Rs. 3056.20 Per Share
Tata Consultancy Services Ltd. executed a major block trade on NSE worth Rs. 23.41 crores, involving approximately 76,586 shares at Rs. 3056.20 per share. The transaction highlights significant institutional trading activity in the IT major's stock through the exchange's block trade mechanism.
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02Feb 26
Janata Sahakari Bank Selects TCS BaNCS™ for Digital Banking Transformation
TCS announces partnership with Janata Sahakari Bank Pune for implementing TCS BaNCS™ Global Banking Platform to modernize core and digital banking operations. The transformation covers comprehensive banking functions including payments, trade finance, and regulatory compliance while enhancing customer experience through digital onboarding and API-driven solutions across the bank's 71-branch network.
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30Jan 26
TCS Witnesses Rs. 15.62 Crore Block Trade on NSE at Rs. 3123.70 Per Share
Tata Consultancy Services Ltd. recorded a major block trade on NSE worth Rs. 15.62 crores involving 50,002 shares at Rs. 3123.70 per share. The transaction represents significant institutional activity in the IT services major, executed through NSE's block trading mechanism designed for large-volume trades.
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29Jan 26
TCS Study Reveals Critical AI Adoption Gaps Among Global Retailers
TCS Global Retail Outlook 2026 study of 800+ retail executives across 18 countries reveals critical AI adoption gaps. While retailers recognize AI as a top enabler, 85% haven't implemented multi-agent AI systems and only 24% use AI for autonomous decisions. Most limit AI to basic applications like chatbots, with workforce skills gaps identified as a major challenge second only to financial pressures.
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27Jan 26
TCS Announces USD 37 Million Investment for New Brazil Campus to Create 1,600 Jobs
Tata Consultancy Services announced a USD 37 million investment to construct its largest delivery centre in Londrina, Brazil, creating over 1,600 jobs by 2027. The 9,000 square meter campus will feature three buildings with LEED Gold certification and serve as a strategic hub for AI, cybersecurity, and ERP solutions. This expansion reinforces TCS's commitment to Latin America, where it has operated for over two decades serving 200+ clients across multiple industries.
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27Jan 26
TCS Records Rs. 63.10 Crore Block Trade on NSE for 200,994 Shares
Tata Consultancy Services recorded a major NSE block trade worth Rs. 63.10 crores involving approximately 200,994 shares at Rs. 3139.60 per share. The transaction represents significant institutional activity and demonstrates continued investor interest in the IT services major.
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22Jan 26
TCS Partners with Kalmar to Transform IT Infrastructure Through AI Integration
Tata Consultancy Services has formed a strategic partnership with Kalmar to upgrade IT systems using artificial intelligence technology. The collaboration will merge Kalmar's IT services into a unified operational model aimed at improving worker experience and enhancing overall efficiency through AI-driven modernization.
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21Jan 26
TCS in talks with AWS, OpenAI for Navi Mumbai data centre partnership
Tata Consultancy Services is in early-stage discussions with Amazon Web Services and OpenAI to secure them as anchor customers for its 120-megawatt data centre in Navi Mumbai, developed jointly with TPG. The project, part of the HyperVault platform, represents TCS's first standalone AI data centre business with both firms committing ₹18,000 crore through equity and debt. This development occurs as India's data centre market is projected to grow from 1.5 gigawatts to over 10 gigawatts by 2030, attracting $94 billion in investments since 2019.
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21Jan 26
TCS Partners with Rajarambapu Sahakari Bank to Integrate Treasury Management Solution
TCS has partnered with Rajarambapu Sahakari Bank to implement TCS BaNCS for Treasury, building on their existing five-year relationship. The solution will automate treasury operations across RSB's 50 branches, enabling efficient management of investments, money markets, and repo transactions. The integration aims to reduce manual intervention, increase straight-through processing, and support the bank's technology-led growth strategy in serving semi-urban and rural communities.
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20Jan 26
TCS CEO K Krithivasan Outlines AI-First Strategy at Davos 2026, Emphasizes Capability Over Revenue
TCS CEO K Krithivasan outlined the company's AI-first strategy at Davos 2026, emphasizing capability building over immediate revenue gains. The company aims to become the world's largest AI-led services company through five strategic pillars, including internal transformation and ecosystem expansion. Recent acquisitions worth $700.00 million are focused on building capabilities rather than boosting short-term revenue, while the company continues hiring and large-scale reskilling programs to create a future-ready workforce.
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20Jan 26
TCS Records ₹52.44 Crore Block Trade on NSE at ₹3,139.50 Per Share
Tata Consultancy Services recorded a block trade worth ₹52.44 crores on NSE, involving approximately 167,028 shares at ₹3,139.50 per share. The transaction reflects institutional investor activity and represents significant trading volume in the IT services major's shares.
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20Jan 26
TCS Records ₹41.15 Crore Block Trade on NSE at ₹3,132.40 Per Share
Tata Consultancy Services recorded a significant block trade on NSE worth ₹41.15 crores involving approximately 131,360 shares at ₹3,132.40 per share. The transaction reflects institutional activity in the IT major's stock through specialized trading mechanisms designed for large-volume transactions.
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20Jan 26
TCS Sees ₹81.56 Crore Block Trade on NSE for 259,397 Shares
Tata Consultancy Services recorded a major NSE block trade worth ₹81.56 crores involving 259,397 shares at ₹3,144.10 per share. The substantial transaction indicates significant institutional activity and represents considerable capital movement in TCS stock on the exchange platform.
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20Jan 26
TCS Records ₹27.11 Crore Block Trade on NSE at ₹3145.70 Per Share
Tata Consultancy Services executed a major block trade on NSE worth ₹27.11 crores, involving approximately 86,170 shares at ₹3145.70 per share. The transaction indicates significant institutional investor activity and represents substantial capital movement in the IT major's stock.
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20Jan 26
TCS Sees ₹74.77 Crore Block Trade on NSE for 237,680 Shares
Tata Consultancy Services recorded a major block trade on NSE worth ₹74.77 crores involving around 237,680 shares at ₹3,145.90 per share. The transaction highlights institutional investor activity in India's leading IT services company through specialized trading mechanisms.
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19Jan 26
TCS Establishes Regional Headquarters in Saudi Arabia with ₹3.30 Crore Investment
Tata Consultancy Services incorporated 'Tata Consultancy Services Regional Headquarters' as a wholly owned subsidiary in Saudi Arabia on January 18, 2026, through TCS Netherlands B.V. The company invested 1.65 million Saudi Riyals in cash for 100% shareholding. This strategic move complies with Saudi Arabia's Regional Headquarters Program requirements, which mandate licensed RHQ formation for multinational companies to participate in government project bidding, supporting KSA Vision 2030 objectives.
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16Jan 26
TCS Q3FY26 Results: Revenue Grows 4.9% YoY to ₹67,087 Crores, AI Services Hit $1.8 Billion Annualized
TCS reported strong Q3FY26 results with revenue of ₹67,087 crores, up 4.9% YoY and 2.0% sequentially in reported currency. AI services reached $1.8 billion annualized revenue with 17.3% QoQ growth, while operating margins remained stable at 25.2%. The company secured $9.3 billion in total contract value including a mega deal, and continued strategic AI investments through partnerships and acquisitions.
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16Jan 26
TCS Witnesses ₹32.17 Crore Block Trade on NSE at ₹3,205.90 Per Share
Tata Consultancy Services witnessed a significant block trade on NSE with 100,360 shares transacted at ₹3,205.90 per share for a total value of ₹32.17 crores. The transaction demonstrates continued institutional investor interest in the IT services major.
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14Jan 26
TCS Completes Acquisition of Coastal Cloud Holdings, LLC on January 14, 2026
Tata Consultancy Services completed its acquisition of 100% equity in Coastal Cloud Holdings, LLC on January 14, 2026, through a structured transaction involving merger and direct acquisition components. Coastal Cloud, with USD 141.00 million turnover in LTM September 2025, operates in advisory and AI services, bringing four additional subsidiaries under TCS's indirect ownership.
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14Jan 26
TCS Completes Acquisition of Coastal Cloud Holdings on January 14, 2026
TCS completed its acquisition of 100% equity in Coastal Cloud Holdings, LLC on January 14, 2026, through a two-part structure involving merger and subsidiary acquisition. Coastal Cloud, with USD 141 million LTM turnover, operates in advisory and AI services, bringing four additional subsidiaries across USA and Canada under TCS umbrella.
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14Jan 26
TCS Completes Acquisition of Coastal Cloud Holdings for Strategic Expansion
Tata Consultancy Services completed the acquisition of 100% equity in Coastal Cloud Holdings, LLC on January 14, 2026, through a structured transaction involving subsidiary mergers. Coastal Cloud, with revenues of USD 141 million in LTM September 2025, operates in advisory and AI services, bringing four additional North American subsidiaries under TCS's umbrella. The acquisition strengthens TCS's position in specialized technology services while ensuring full regulatory compliance under SEBI requirements.
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14Jan 26
TCS Partners with AMD to Scale Enterprise AI Solutions and Modernize Legacy IT Systems
Tata Consultancy Services has partnered with AMD to help enterprises scale AI from pilot projects to production, combining TCS's expertise with AMD's computing portfolio. The collaboration will focus on industry-specific AI solutions across life sciences, manufacturing, and financial services. This comes as TCS reported AI services generating over $1.50 billion in annualized revenue with strong growth of 16.3% sequential and 38.2% year-on-year in constant currency terms.
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14Jan 26
TCS Shares in Focus as Last Day Approaches for Rs 57 Per Share Dividend Eligibility
TCS shares will be in focus on January 14 as the last day for investors to purchase shares and qualify for a Rs 57 per share dividend (Rs 11 interim + Rs 46 special). With record date set for January 17, 2026, and payment scheduled for February 3, 2026, this adds to TCS's annual dividend total of Rs 128 per share, yielding 3.92% at current market prices of Rs 3,268.
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13Jan 26
TCS Reports 14% Net Profit Decline in Q3 FY26 as AI Services Drive Revenue Growth
TCS reported Q3 FY26 results showing a 14% decline in net profit, but the company found growth through AI services which generated $1.8 billion annually and comprised 5.8% of total revenue. The AI-driven technology spending helped fuel growth during a traditionally weak quarter for the IT services sector.
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13Jan 26
TCS Maintains 25.2% EBIT Margin Despite ₹3,300 Crore Exceptional Costs in December Quarter
Tata Consultancy Services maintained EBIT margins at 25.2% in the December quarter despite ₹3,300 crore in exceptional costs from labour code implementation, CSC provision, and workforce rationalisation. The company achieved stability through productivity gains and operational efficiencies while continuing strategic investments of $1 billion annually in AI transformation across five key pillars. TCS hired 16,000 people during the quarter and strengthened its leadership position in future-generation skills, particularly AI and machine learning capabilities.
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13Jan 26
TCS Reports AI-Led Deal Momentum Improvement as Clients Focus on ROI-Driven Projects
Tata Consultancy Services reports gradual improvement in demand conditions with clients increasingly investing in ROI-driven projects. The company's AI portfolio has reached $1.8 billion with nearly 20% quarter-on-quarter growth, while 54 of top 60 clients run AI-embedded projects. TCS reported 0.8% constant-currency growth quarter-on-quarter, with management expressing cautious optimism about future prospects and AI-led services remaining a key growth driver.
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13Jan 26
TCS Reports Improving Demand Conditions with AI Portfolio Reaching $1.8 Billion
Tata Consultancy Services reports improving demand conditions with clients increasingly investing in high-ROI projects. The company's AI portfolio reached $1.8 billion with nearly 20% quarter-on-quarter growth, while 54 of top 60 clients run AI-embedded projects. TCS achieved 0.8% constant-currency growth in Q3 and unveiled its full-stack AI strategy to become the world's largest AI-led services company.
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13Jan 26
TCS Expects Employee Terminations to Continue in Q4 Without Specific Targets
Tata Consultancy Services announced that employee terminations will continue in Q4 without specific targets set for workforce reduction. The company is taking a flexible approach to workforce management as part of ongoing organizational adjustments during the current business cycle.
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13Jan 26
TCS Reports Q3 FY26 Revenue of $7.5 Billion, Beats Growth Estimates
Tata Consultancy Services reported Q3 FY26 revenue of $7.5 billion, achieving 0.8% quarter-on-quarter growth in constant currency terms that exceeded Motilal Oswal's estimate of 0.5%. The growth was primarily driven by regional markets and other segments, which expanded 4.6% QoQ in constant currency, demonstrating the company's diversified revenue base and operational resilience.
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13Jan 26
TCS Reports Cautious Client Spending But Growing AI Revenue in Q3 Results
TCS reported Q3 FY26 revenue of ₹67,087 crore and net profit of ₹10,657 crore with 25.2% operating margin. The company highlighted a shift in client behavior from annual to quarterly tech budgeting amid macroeconomic uncertainty. AI revenue grew from $1.5 billion to $1.8 billion annualized, showing strong momentum despite being a small portion of total revenue. TCS hired nearly 16,000 employees and scaled AI/ML training threefold while implementing workforce rationalization affecting 1,800 employees.
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13Jan 26
TCS and HCL Tech Q3 Results Reveal Contrasting IT Sector Trajectories Amid FII Selloff
Q3 results from TCS and HCL Technologies revealed contrasting performances within India's IT sector amid a ₹75,000 crore FII selloff. HCL Tech delivered standout results with 4.2% QoQ revenue growth, 111 basis points margin expansion to 18.6%, and strong $3 billion deal wins, earning bullish brokerage calls. TCS faced mixed outcomes with in-line revenue but missed margin estimates, though AI revenue grew 17% QoQ to $1.8 billion, leading to cautious analyst sentiment despite healthy $9.3 billion deal bookings.
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13Jan 26
TCS Q3FY26 Results Exceed Estimates; Motilal Oswal Sets ₹4,400 Target Price
TCS reported strong Q3FY26 results with revenue of $7.50 billion (up 0.8% QoQ) and adjusted PAT of ₹141.00 billion (up 6.4% QoQ, 13.4% YoY), both exceeding analyst estimates. EBIT margin remained stable at 25.2%, while deal TCV was $9.30 billion with a 1.2x book-to-bill ratio. Motilal Oswal maintains buy rating with ₹4,400 target price, indicating 36% potential upside.
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13Jan 26
Choice Institutional Equities Sets ₹3,950 Target Price for TCS on AI Growth Momentum
Choice Institutional Equities maintains BUY rating on TCS with ₹3,950 target price, citing strong AI growth momentum driven by expanding AI services revenue and AI-first delivery culture. The company is executing AI-led business transformation and AI-enabled modernisation programs, with strategic partnerships including HyperVault AI data-centre JV with TPG. The brokerage projects Revenue, EBIT and PAT to grow at 7.20%, 9.60% and 8.90% CAGR respectively over FY25–FY28E, with target price based on 24x multiple on average FY27E-FY28E EPS of ₹164.60.
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13Jan 26
TCS Reports 0.8% QoQ Revenue Growth in Q3 with Stable Margins at 25.2%
Tata Consultancy Services reported Q3 revenue growth of 0.8% quarter-on-quarter in constant currency, while maintaining operating margins at 25.20%. The company balanced productivity gains against wage hikes and AI investments, demonstrating disciplined execution. IDBI Capital views TCS at an inflection point with AI becoming a core growth engine and has set a target price following the results.
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13Jan 26
Prabhudas Lilladher Maintains BUY Rating on TCS with ₹4,040 Target Price
Prabhudas Lilladher maintains BUY rating on TCS with ₹4,040 target price based on 23x FY28E EPS multiple. The company exceeded Q3 revenue estimates with 0.8% QoQ growth and strong AI revenue performance of $1.8 billion run-rate growing 17.3% QoQ. Despite weakness in Retail and Manufacturing segments, steady BFS performance and improving international business visibility support positive outlook. The brokerage projects 5.4% USD revenue CAGR over FY26-28E with upward margin revisions across forecast years.
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13Jan 26
TCS Shares Rise After Q3 Results and Higher-Than-Expected Dividend Announcement
TCS shares rose 0.86% to ₹3,235.70 following Q3 results that met expectations and a bumper dividend announcement of ₹57 per share, significantly exceeding analyst estimates of ₹34.19. Analyst reactions were mixed, with price targets ranging from ₹3,020 to ₹4,810, though 68.6% of analysts maintain buy ratings despite the stock's 25% decline over the past year.
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13Jan 26
TCS Q3 Results: Net Profit Declines 14% YoY to ₹10,657 Crore, Brokerages Issue Mixed Views
Tata Consultancy Services reported Q3 results showing a 14% year-on-year decline in net profit to ₹10,657.00 crore. As India's largest IT services company, TCS's performance has drawn significant market attention, with brokerages reassessing their recommendations on the stock following these results.
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13Jan 26
TCS Reports AI Revenue Growth to $1.8 Billion as Company Hails 2025 as Transformative Year
Tata Consultancy Services reported AI-focused annualised revenue growth to $1.8 billion from $1.5 billion, while expanding its AI-skilled workforce from 80,000 to 217,000 employees. The company's leadership emphasized 2025 as a transformative year for AI adoption, with clients moving from experimentation to production-ready AI solutions. TCS is witnessing evolved client conversations focused on two streams: foundation AI readiness and strategic AI leadership for business differentiation.
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13Jan 26
TCS Shares Decline 0.6% After Q3 Results Amid Cautious Brokerage Views
TCS shares fell 0.6% in early trade following Q3 FY26 results that showed a 14% YoY decline in reported net profit due to exceptional charges worth ₹2,128.00 crores. Excluding one-time items, operational profit grew 8.5%, demonstrating underlying stability. The company declared a dividend of ₹57.00 per share. Most brokerages maintained cautious outlook citing muted international growth and limited deal momentum, though CLSA remained constructive on AI revenue growth and margin stability.
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13Jan 26
Brokerages Raise Target Prices on TCS, HDFC Bank Amid Positive Sector Outlook
Major brokerages are expressing bullish sentiment on select large-cap stocks across sectors. Nuvama has raised target price on Tata Consultancy Services post results, while CLSA maintains outperform rating on HDFC Bank. Motilal Oswal sees strong earnings trajectory for Grasim Industries driven by VSF margin recovery, chemicals momentum, and Birla Opus paints scale-up.
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13Jan 26
TCS Shares Trade Flat Following Q3 Results Announcement
Tata Consultancy Services shares traded in a narrow range on Tuesday, January 13, after the company released its third quarter earnings. The flat price movement reflects a cautious market response as investors analyze the quarterly performance data before making investment decisions.
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13Jan 26
TCS Receives 'Buy' Rating from Yes Securities Following Q3 Results Review
Yes Securities has assigned a 'Buy' rating to Tata Consultancy Services following their Q3 results review. The brokerage highlighted TCS's disciplined execution, strong order book, and comprehensive full-service offerings as key competitive strengths. These factors are expected to help the company effectively navigate the current demand environment in the IT services sector.
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13Jan 26
TCS Q3 Results: Net Profit Drops 14% YoY to ₹10,657 Crore Despite Revenue Growth
TCS reported Q3FY26 results showing 14% YoY decline in net profit to ₹10,657 crore despite 5% revenue growth to ₹67,087 crore. The quarter was significantly impacted by one-off provisions totaling over ₹33 billion including gratuity, restructuring, and legal costs. The company maintained 25.2% EBIT margin and announced ₹57 per share interim dividend. AI services showed strong momentum with $1.8 billion annualized revenue, while brokerages maintained mixed ratings with target prices between ₹3,300-₹3,590.
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13Jan 26
Morgan Stanley Maintains 'Overweight' Rating on TCS with ₹3,540 Price Target
Morgan Stanley has maintained its 'Overweight' rating on Tata Consultancy Services with a price target of ₹3,540.00. The global investment bank's continued positive stance reflects confidence in TCS's market position and ability to outperform sector peers.
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13Jan 26
CLSA Maintains Outperform Rating on TCS with Target Price of ₹3,593
CLSA has assigned an Outperform rating to Tata Consultancy Services with a target price of ₹3,593. This positive analyst recommendation reflects confidence in TCS's market position and business fundamentals within the IT services sector, potentially influencing investor sentiment and trading activity.
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13Jan 26
HSBC Maintains Hold Rating on TCS with Target Price of ₹3,450
HSBC has assigned a Hold rating to Tata Consultancy Services with a target price of ₹3,450 per share. The rating reflects a neutral stance on India's largest IT services company, suggesting the stock is fairly valued at current levels. HSBC's assessment provides important guidance for investors evaluating TCS's investment potential in the current market environment.
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13Jan 26
Nomura Maintains Neutral Rating on TCS with Target Price of ₹3,300
Nomura has assigned a neutral rating to Tata Consultancy Services with a target price of ₹3,300 per share. The rating reflects a balanced view on the IT services giant's near-term prospects, suggesting the stock is fairly valued at current levels with limited significant upside or downside potential anticipated by the global brokerage firm.
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13Jan 26
Macquarie Maintains Outperform Rating on TCS with Target Price of ₹4,810
Macquarie has maintained its Outperform rating on Tata Consultancy Services with a target price of ₹4,810.00 per share. The rating reflects positive analyst sentiment toward India's largest IT services company. Outperform ratings typically suggest expectations of above-market returns, indicating the brokerage's confidence in TCS's performance prospects.
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13Jan 26
Citi Issues Sell Rating for TCS with Target Price of ₹3,020
Citi has downgraded Tata Consultancy Services with a sell rating and set a target price of ₹3,020 per share. This bearish recommendation from the global investment bank suggests potential underperformance for India's largest IT services company. The rating reflects Citi analysts' assessment of TCS's current valuation and market prospects.
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13Jan 26
Kotak Maintains Buy Rating on TCS with Target Price of ₹3,675
Kotak Institutional Equities has issued a Buy recommendation on Tata Consultancy Services with a target price of ₹3,675 per share. The positive rating reflects the brokerage's confidence in TCS's business prospects and market position. This recommendation provides investors with analyst perspective on the IT major's potential upside.
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13Jan 26
Emkay Maintains Add Rating on TCS with Target Price of ₹3,500
Emkay Global Financial Services has maintained its Add rating on Tata Consultancy Services with a target price of ₹3,500.00. The maintained rating reflects the brokerage's continued positive outlook on India's largest IT services company. This recommendation suggests Emkay views TCS as an attractive investment opportunity for investors seeking exposure to the information technology sector.
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13Jan 26
Nuvama Maintains Buy Rating on TCS, Raises Target Price to ₹3,750
Nuvama has maintained its Buy rating on Tata Consultancy Services while raising the target price to ₹3,750 from ₹3,650. The upward revision of ₹100.00 reflects the brokerage's continued positive outlook on the IT services company. This recommendation update indicates strengthened conviction in TCS's valuation prospects and growth trajectory.
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13Jan 26
TCS Targets 26-28% Operating Margin Range Despite Expected Labor Code Impact from Q4
Tata Consultancy Services is targeting its desired operating margin range of 26% to 28% while preparing for regulatory challenges. New labor codes are expected to impact operating margins by 10 to 15 basis points from Q4, but the company remains focused on achieving its margin optimization goals through operational efficiency measures.
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13Jan 26
TCS Stock Outlook Cautious After Q3 Results; Brokerages Flag Weak Growth Visibility
Brokerages have adopted a cautious outlook on TCS following Q3 FY26 results, with most flagging limited growth visibility despite operationally in-line performance. The stock, down 24% over the past year, closed at ₹3,243 ahead of earnings. While TCS reported a 14% YoY decline in net profit due to exceptional charges, profit excluding one-offs rose 8.5% with EBIT margin expanding 70 basis points to 25.2%. CLSA remained positive citing AI revenue growth to $1.8 billion and management confidence in CY26.
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13Jan 26
TCS Expresses Optimism for FY26 Growth Driven by AI Leadership and Strong Deal Pipeline
Tata Consultancy Services has expressed strong optimism for FY26 performance, driven by positive client conversations, robust deal flow, and AI leadership. The company targets higher international market growth in FY26 compared to FY25, with strategic focus on leveraging artificial intelligence capabilities and global market expansion to achieve ambitious growth objectives.
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13Jan 26
TCS Refrains from Providing Specific Revenue Guidance During Conference Call
Tata Consultancy Services refrained from providing specific revenue or earnings predictions during its recent conference call. The company advised stakeholders to review forward-looking statements with associated risks, reflecting a cautious approach to financial guidance.
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13Jan 26
TCS Analysts Maintain Bullish Outlook with Highest Price Target Indicating 48% Upside Potential
Despite a 25% stock correction over 12 months, 35 out of 51 analysts maintain 'buy' ratings on TCS following in-line Q3 results. Macquarie sets the highest price target at ₹4,810, implying 48.2% upside from Monday's closing of ₹3,243, citing expected growth acceleration and margin improvements. While some brokerages remain optimistic about TCS' cloud, data, and AI positioning, others express concerns about muted international business growth and margin improvement challenges.
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13Jan 26
TCS Q3 Review: Brokerages Split As Inline Quarter Meets Tepid Global Demand, FY27 Hope Intact
TCS Q3 results received mixed brokerage reactions with 0.8% QoQ constant currency revenue growth and stable 25.2% EBIT margins. Morgan Stanley maintained Overweight with ₹3,540 target citing FY27 momentum expectations, while Citi retained Sell rating at ₹3,020 target due to muted international growth. Kotak Securities kept Buy rating with ₹3,675 fair value, emphasizing stable margins and AI strategy potential despite current headwinds.
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13Jan 26
TCS Q3 Results: Revenue Grows 1.95% to ₹67,087 Crore, Profit Drops 11.74% on Labour Code Impact
TCS reported Q3FY26 revenue growth of 1.95% to ₹67,087 crore but net profit declined 11.74% to ₹10,657 crore due to ₹3,391 crore impact from new labour codes. The company announced a bumper dividend of ₹57 per share. HCLTech showed 6.04% revenue growth to ₹33,872 crore but profit dropped 3.77%. Major developments included KP Energy's ₹4,000 crore renewable energy agreement with Gujarat Government and Sical Logistics' ₹4,038 crore project award.
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13Jan 26
TCS, HCL Tech Report Q3 Results; Ola Electric Launches Battery Storage System
TCS and HCL Tech reported declining third-quarter profits with TCS posting a 14% drop to ₹10,657 crore and HCL Tech seeing an 11% decline to ₹4,076 crore, though HCL's revenue grew 13% to ₹33,872 crore. Ola Electric launched its battery storage system Shakti from Tamil Nadu, entering the residential BESS market. L&T acquired the remaining 40% stake in LTSSPL for ₹122.4 crore, while Indian Hotels secured India's first hospitality sector sound trademark for Taj's sonic identity.
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13Jan 26
TCS Q3 Results: Revenue Grows 1.8% QoQ to ₹67,000 Crores, Declares ₹57 Dividend Per Share
TCS reported Q3 revenue of ₹67,000 crores, up 1.8% quarter-on-quarter and above analyst estimates, with EBIT margins improving to 25.17%. However, net profit declined 11.8% to ₹10,650 crores, missing expectations. The company declared a total dividend of ₹57 per share, including a special dividend of ₹46, demonstrating strong shareholder returns despite mixed operational results.
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12Jan 26
India-US Trade Talks Tomorrow, TCS Q3 Results In Line, HCLTech Beats Estimates
Indian markets recovered on Monday after US Ambassador Sergio Gor confirmed India-US trade talks for tomorrow and called India Washington's most important ally. TCS reported Q3 results in line with expectations despite one-time labour code costs impacting net profit. HCLTech outperformed with ₹33,872.00 crore revenue, beating estimates and raising FY26 guidance. India's December inflation at 1.33% undershot the 1.62% poll estimate despite sequential rise from November's 0.71%.
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12Jan 26
TCS Announces Ongoing Employee Layoffs Expected in Q4 Without Set Targets
Tata Consultancy Services announces ongoing employee layoffs expected in Q4 without setting specific targets. The IT services company is maintaining workforce optimization efforts with a flexible approach, allowing adjustments based on business requirements rather than predetermined goals.
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Tata Consultancy Services
2,396.90
-124.90
(-4.95%)
1 Year Returns:-29.77%
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