TCS looks to double its revenue. Here’s how the IT giant is placed

TCS looks to double its revenue. Here’s how the IT giant is placed

TCS has been able to transform itself into an IT services behemoth over the years. It has now set an ambitious goal on the revenue front. How is the company placed to handle the challenges that come with this?The 2022 Annual Report of TCS has a message from the CEO’s desk that the software major’s … Read more

Global brokerages mixed on TCS after poorer-than-expected Q1 show

Global brokerages mixed on TCS after poorer-than-expected Q1 show

New Delhi: Global brokerages were mixed on () after the company announced its earnings for the quarter ended June 2022, which fell short of Dalal Street’s expectations. TCS on Friday reported a 5.21 per cent year-on-year (YoY) rise in consolidated net profit at Rs 9,478 crore for the June quarter compared with Rs 9,008 crore … Read more

Trading Strategy: How to trade TCS ahead of June quarter results?

Trading Strategy: How to trade TCS ahead of June quarter results?

could report a double-digit year-on-year (YoY) increase in revenues for the quarter ended June 30 on Friday. Despite expectations of a strong quarterly show, the stock has come under selling pressure off late. The scrip fell by a little over 10 per cent in the last three months, data showed. It closed 0.8 per cent … Read more

Big Movers on D-St: What should investors do with TCS, Titan Company and Surya Roshni?

Big Movers on D-St: What should investors do with TCS, Titan Company and Surya Roshni?

Indian market closed in the green for the second day in a row on Thursday, tracking positive global cues. The S&P BSE Sensex rallied more than 400 points while Nifty50 closed above 16,100 levels. Sectorally, buying was seen in metals, consumer durables, realty, capital goods and public sector banks. The S&P BSE Mid-cap index rose … Read more