Tata Consultancy Services Ltd (TCS.NS)
19 Dec 2014
|Market Cap (Mil.):||Rs4,917,485.00|
|Shares Outstanding (Mil.):||1,958.73|
Reuters Market Eye - Tata Consultancy Services slumps 3.1 percent, marks its lowest intraday level since July 17.
Reuters Market Eye - Tata Consultancy Services falls 2 percent.
Reuters Market Eye - Infosys Ltd gains 1.6 percent, Tata Consultancy Services Ltd is up 0.8 percent.
* Shares headed to post biggest fall in five-and-a-half years
MUMBAI - India's biggest software services exporter Tata Consultancy Services Ltd said on Thursday it is "positive about the future" as it shifts towards higher margin services, despite reporting profits slightly below market expectations.
* Says all discretionary client spending in digital space
MUMBAI, Oct 16 - Tata Consultancy Services Ltd , India's biggest software services exporter, posted a 13.6 percent rise in quarterly profit on strong demand from global clients.
MUMBAI - The BSE Sensex and Nifty edged higher on Tuesday, marking their fourth consecutive quarterly gain as blue chips rose on hopes upcoming earnings and auto sales will show the economy remains on the mend, while the Reserve Bank of India's (RBI) decision to keep rates unchanged had little impact.
Reuters market Eye - Tata Consultancy Services Ltd's shares gain 0.3 percent after the company on Monday reiterated its revenue and margin outlook for FY 2015.
* Tata Consultancy Services Ltd's shares gain 0.3 percent after the company on Monday reiterated its revenue and margin outlook for FY 2015. * Analysts say, this helps in light of the recent cut in outlook from Cognizant Technology Solutions Corp and Accenture Plc. * Will give them confidence to roll over current valuation multiples for TCS' to expected FY17 earnings, analysts add. * TCS is currently trading at 22 times of 12-month forward earnings, Thomson Reuters data shows. (abhishek.vis