|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||2,155.00 - 2,209.60|
|52-week range||1,210.32 - 2,640.00|
|PE ratio (TTM)||30.70|
|Earnings date||11 Oct 2018|
|Forward dividend & yield||25.50 (1.25%)|
|1y target est||N/A|
TCS, also the most-valued firm in terms of m-cap in India, was the first Indian company to cross the Rs 7-lakh crore market cap in June after it crossed the $100 billion milestones in April.
Billionaire Pallonji Mistry has about 85 percent of his estimated $19.9 billion fortune locked up in a legal battle with India’s largest conglomerate. The conflict between Mistry and the Tata Group began with a boardroom coup in 2016, when the former’s son was ousted as chairman of the latter. The 89-year-old Mistry is one of the largest shareholders in Tata Sons Ltd., which controls the $100 billion conglomerate, and his family has since filed numerous lawsuits against the holding company’s board, alleging suppression of minority interests and governance lapses.
Mumbai, July 31 (IANS) Healthy quarterly earnings results and expectations of a dovish monetary policy aided the key Indian equity indices to pare their initial losses and end Tuesday's trade session on ...
The Reliance Industries Limited (RIL) has surpassed Tata Consultancy Services' (TCS) market capitalisation to become India's most valued firm. Around 12:35 pm on Tuesday, the shares of RIL were trading 2.16 percent higher at Rs 1,174.90 a share, valuing itself at
Mumbai, July 31 (IANS) Reliance Industries Ltd (RIL) on Tuesday surpassed Tata Consultancy Services (TCS) in market capitalisation (market-cap) in India. At 1.08 p.m., the market-cap of Reliance Industries ...
For the moment, analysts and management experts point to some lessons that many of the IT sector players, could pick up from the results of these two important Indian IT companies.
The TCS stock touched a 52-week high on the Bombay Stock Exchange in early trade on July 11 and some analysts believe it's adding to a growing perception that the IT sector is coming out of the woods.
The earnings were announced after market hours on Tuesday. The TCS stock closed 0.56 per cent lower at Rs 1,877 on the BSE. The stock gained after two consecutive days of decline today. The stock hit its life-time high level of 1,930 on July 9, 2018 and succumbed to profit booking before it erased losses to hit an intra day and fresh life time high of 1935 level in trade today.
Tata Consultancy Services posted a better-than-expected 24 percent profit rise, the fastest pace in two years. Bloomberg's Saritha Rai reports on "Bloomberg Markets: Asia." (Source: Bloomberg)...
TCS, the flagship company of Indian conglomerate Tata Group and the only tech firm in the country with a market capitalisation of more than $100 billion
India's biggest software services firm, Tata Consultancy Services Ltd (TCS), expects growth in its banking, financial services and insurance (BFSI) unit to remain strong in the next one to two years as it posted a record net profit, helped by a rebound in the key division. TCS, headquartered in India's financial capital of Mumbai, beat street estimates on Tuesday as it reported a net profit of 73.40 billion rupees ($1.07 billion) in the quarter to June 30, compared with 59.45 billion rupees a year earlier.
Indian shares rose on Monday, with the benchmark BSE index posting a five-month closing high, driven by index heavyweights such as Reliance Industries Ltd and Infosys Ltd. The broader NSE Nifty closed ...
Mumbai, June 29 (IANS) IT major Tata Consultancy Services (TCS) on Friday said that its "promoter and promoter group" have shown interest to participate in the proposed buyback of the firm's shares. "In terms of the SEBI Buyback Regulations, under tender offer route, the promoters have the option to participate in the buyback," TCS said in a regulatory filing. According to the filing, "the buyback is subject to the approval of members by means of special resolution through postal ballot".
At the company's 50th annual general meeting in June this year, TCS managing director and CEO Rajesh Gopinathan had said the capital allocation policy is paramount to the company.
Tata Sons has a 73 per cent stake in TCS and, if it tenders shares, could stand to gain around Rs 10,000 crore from the Rs 16,000 crore share buyback.
Attractive stocks have exceptional fundamentals. In the case of Tata Consultancy Services Limited (NSE:TCS), there’s is a well-regarded dividend payer that has been able to sustain great financial health overRead More...
Mumbai, June 15 (IANS) Indian IT major Tata Consultancy Services on Friday became the first listed company in India to close the day's trade with a market capitalisation of over Rs 7 lakh crore (over $103 billion) after the firm's board approved a share buy back for about Rs 16,000 crore. Earlier in the day, the TCS board approved a buy back of 76,190,476 equity shares of Re 1 face value at Rs 2,100 per share for about Rs 16,000 crore (over $2 billion). This is the second time the global software major is resorting to buy back its shares after it bought 5.61 crore shares in April 2017 for Rs 16,000 crore at Rs 2,850 per share.
Tata Consultancy Services (TCS) became the first company to close the trading session with a market valuation of over Rs 7 lakh crore on a day.
Macquarie don't see any regulatory challenge to buyback, while it expect company to post 10.8% YoY growth in dollar revenue in FY19.
Indian shares ended higher for a third straight session on Wednesday, buoyed by gains in Tata Consultancy Services Ltd after the company said it would buy back stock, while robust monthly industrial growth ...
The stock has been in an uptrend so far in the year 2018, up 34 percent while on a 1-year basis, the stocks rose by nearly 50 percent. The stock is trading near its record high of Rs 1.837.
Jul.10 -- Tata Consultancy Services posted a better-than-expected 24 percent profit rise, the fastest pace in two years. Bloomberg's Saritha Rai reports on "Bloomberg Markets: Asia."