MUMBAI Jan 15 (Reuters) - India's Tata Consultancy Services Ltd shares rose more than 4 percent on Tuesday, a day after topping expectations with a 23 percent rise in October-December profit and reiterating it should beat a closely watched industry growth forecast.
TCS was up 4.3 percent as of 0345 GMT. Shares had already gained 6 percent in the previous two sessions after Infosys Ltd also beat estimates with its earnings results on Friday, while slightly raising its revenue guidance.
(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
Trending On Reuters
India will issue a new decree this week for land purchases that has stirred disquiet across the country but which the government says is necessary to build roads, ports and power stations for higher economic growth. Full Article