Page 23 - Tcs

TCS' market valuation crosses Rs 12 trillion-mark helped by rally

The market valuation of Tata Consultancy Services (TCS) crossed Rs 12 trillion-mark at close of trade on Thursday

Record deal wins offer revenue visibility for Infosys in next 3 quarters

While double-digit growth in FY22 is a given, near term margins could come under pressure

IT major TCS to acquire General Electric's stake in TCS Saudi Arabia

IT major Tata Consultancy Services (TCS) on Tuesday said it will acquire GE's stake in Tata Consultancy Services Saudi Arabia for $12,471

Top headlines: SC says it may stay farm laws; govt orders Covid vaccines

Business Standard brings you top news of the evening

Early Q3 nos lift mkts; Sensex ends 487 pts up at 49,269, Nifty at 14,485

Volatility index, India VIX, surged 8.5 per cent to 22.4 levels

IT stocks rally post TCS Q3 results; Nifty IT index scales record high

Infosys, Wipro, MphasiS and HCL Technologies from the Nifty IT index were up between 2 per cent and 3 per cent

TCS m-cap soars past Rs 12 trn post Q3 nos; analysts see up to 32% upside

In the past one month, TCS has outperformed the market by surging 15 per cent, as compared to 8 per cent rise in the S&P BSE Sensex

Stocks to watch: TCS, Wipro, Avenue Supermarts, Tata Steel, Vedanta, Cipla

Bharti Airtel announced the appointment of Pradipt Kapoor as its Chief Information Officer

Seven of the top 10 most valued firms add Rs 1.37 trn in market valuation

Besides TCS, other winners on the top-10 chart were HDFC Bank, Hindustan Unilever Limited (HUL), Infosys, HDFC, ICICI Bank and Bharti Airtel

Sensex ends at fresh closing peak of 48,782, up 689 pts; Nifty at 14,347

Tata Consultancy Services (TCS) hit a record high of Rs 3,127.55 apiece in the intra-day trade and closed 3 per cent higher ahead of the announcement of Q3FY21 results

TCS, Infosys: Positive Q3 results may trigger next leg of rally in IT stks

In a departure from past trend, analysts believe that Indian IT companies may post a strong performance for the third quarter of FY21 (Q3FY21)

Stocks to watch: TCS, Biocon, Bharat Rasayan, Vodafone Idea, Tata Power

Biocon announced that its subsidiary Biocon Biologics has approved a primary equity investment by Abu Dhabi-based ADQ, one of the region's largest holding companies

TCS Q3 preview: Cloud adoption, large deal wins may lift profit by 8% YoY

TCS board will consider the declaration of a third interim dividend to the equity shareholders

TCS buyback offer: Tata Sons tenders shares worth Rs 10,000 crore

The single largest shareholder of TCS, Tata Sons tendered more than 33.3 million shares during the offer, according to a regulatory filing

IT Q3 preview: Large deal wins to drive earnings but margins may take a hit

Brokerages expect large-cap IT firms to report revenue growth in the range of 2-3 per cent in constant currency (cc) terms

TCS m-cap nears Rs 12 trillion mark; stock rallies over 8% in 3 days

TCS stock needs to rise another 3 per cent to hit Rs 12 trillion market-cap

IT shares in demand ahead of Q3 results; TCS, Infy, HCL Tech hit new highs

Analysts at Motilal Oswal said the multiple mega deal wins in Cloud and Captive should add incremental growth to the sector's already buoyant organic growth momentum

Large IT outsourcing contracts back on the market as clients optimise cost

In the past 10 months, large Indian IT services firms had signed a number of major outsourcing projects involving millions of dollars.

Gains in IT stocks, Brexit agreement hope push markets further up

The gains in the indices were led by IT majors Infosys and TCS

IT shares extend rally; TCS, Infosys, HCL Tech, Tech Mahindra hit new highs

The large deal wins for both Infosys and Wipro reinforces positive stance on the IT Services industry, analysts at Motilal Oswal said