Tata Consultancy Services Limited (TCS.BO)
| Previous Close | 3,863.75 |
| Open | 3,881.65 |
| Bid | 0.00 x 0 |
| Ask | 3,839.35 x 0 |
| Day's Range | 3,798.05 - 3,893.30 |
| 52 Week Range | 3,156.20 - 4,254.45 |
| Volume | |
| Avg. Volume | 521,390 |
| Market Cap | 13.906T |
| Beta (5Y Monthly) | 0.52 |
| PE Ratio (TTM) | 30.49 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 51.00 (1.33%) |
| Ex-Dividend Date | Jan 19, 2024 |
| 1y Target Est | N/A |
- Reuters
HCLTech falls most in nearly 17 months on lower-than-expected FY25 outlook
HCLTech shares plummeted as much as 6.3% on Monday, its biggest fall in nearly 17 months, as India's No.3 software services company forecast fiscal 2025 revenue growth below estimates. Including the day's move, HCLTech is down 5.2% so far this year compared with a 6% fall in the IT index. Larger rival Infosys was down 7.3%, while Tata Consultancy Services was up 2.1%.
- Fortune
Tata’s consultancy arm cuts bonuses for employees who aren’t in the office 5 days a week
Workers at the 600,000-strong consultancy risk receiving no bonus if they come into the office fewer than three days a week.
- Reuters
India's Wipro rises as Street pins hopes on new CEO after Q4 results
Shares of Wipro rose as much as 2.4% on Monday, after India's No.4 software services exporter posted better-than-expected fourth-quarter results, while some analysts pinned hopes on new CEO Srinivas Pallia to anchor a turnaround. Still, the stock has lost about 4% so far this year, while larger rivals Tata Consultancy Services and Infosys have gained 1.4% and shed 8.5% respectively. Wipro's quarterly revenue and profit came ahead of estimates, and Pallia said he will prioiritise growth at a time when India's $254 billion IT services industry grapples with reduced client spending due to high interest rates, geopolitical risks and economic uncertainty.
