Tata Consultancy Services Limited (TCS.BO)
| Previous Close | 3,874.20 |
| Open | 3,890.00 |
| Bid | 3,848.50 x 0 |
| Ask | 3,849.95 x 0 |
| Day's Range | 3,845.10 - 3,896.00 |
| 52 Week Range | 3,156.20 - 4,254.45 |
| Volume | |
| Avg. Volume | 564,423 |
| Market Cap | 13.931T |
| Beta (5Y Monthly) | 0.52 |
| PE Ratio (TTM) | 30.58 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 51.00 (1.32%) |
| Ex-Dividend Date | Jan 19, 2024 |
| 1y Target Est | N/A |
- 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.
- Bloomberg
TCS Profit Rises on Contract Wins for Cloud, IT Projects
(Bloomberg) -- Tata Consultancy Services Ltd. reported profit that topped analysts’ forecasts after customers hired it for machine learning, cloud and other artificial intelligence-driven projects to help them keep costs in check.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Tesla Asks Investors to Approve Musk’s $56 Billion Pay AgainPow
