Edition:
India

Tata Consultancy Services Ltd (TCS.NS)

TCS.NS on National Stock Exchange of India

2,686.80INR
23 Oct 2020
Change (% chg)

Rs15.65 (+0.59%)
Prev Close
Rs2,671.15
Open
Rs2,687.80
Day's High
Rs2,702.00
Day's Low
Rs2,670.10
Volume
3,499,372
Avg. Vol
4,743,954
52-wk High
Rs2,885.00
52-wk Low
Rs1,506.05

Latest Key Developments (Source: Significant Developments)

Tata Consultancy Services Approves Share Buyback Of 160 Bln Rupees
Wednesday, 7 Oct 2020 

Oct 7 (Reuters) - Tata Consultancy Services Ltd ::APPROVES SHARE BUYBACK.APPROVES SHARE BUYBACK OF 160 BILLION RUPEES.APPROVES SHARE BUYBACK OF 53.3 MILLION SHARES AT 3,000 RUPEES/SHARE.  Full Article

India's Tata Consultancy Services Sept-Qtr Consol Net Profit Falls 7.1%
Wednesday, 7 Oct 2020 

Oct 7 (Reuters) - Tata Consultancy Services Ltd ::SEPT-QUARTER CONSOL NET PROFIT 74.75 BILLION RUPEES VERSUS PROFIT 80.42 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR SEPT-QUARTER CONSOL NET PROFIT WAS 78.05 BILLION RUPEES -- REFINITIV DATA.DECLARED A SECOND INTERIM DIVIDEND OF 12 RUPEES PER SHARE.SEPT-QUARTER CONSOL REVENUE 401.35 BILLION RUPEES VERSUS 389.77 BILLION RUPEES YEAR AGO.SEPT QUARTER IT SERVICES ATTRITION RATE HITS AN ALL-TIME LOW AT 8.9% LTM.SEPT QUARTER NET MARGIN AT 21%.  Full Article

India's TCS Exec Says Market Share In BFSI Growing
Friday, 17 Jan 2020 

Jan 17 (Reuters) - Tata Consultancy Services Ltd ::EXEC SAYS BUSINESS IN NORTH AMERICA CONTINUES TO SHOW GROWTH, ALTHOUGH TEPID.EXEC SAYS CLIENTS BUDGETS HAVE NOT REDUCED.EXEC SAYS SEE STRONG ADDITION OF CLIENTS IN NORTH AMERICA.EXEC SAYS SEE CONTINUED DEMAND MOMENTUM IN LIFE SCIENCES BUSINESS.EXEC SAYS SHOULD SEE UK GETTING BACK TO GROWTH IN A QUARTER OR TWO.EXEC SAYS LEVEL OF POLITICAL UNCERTAINLY HAS RECEDED IN UK, EXPECT BUSINESS TO GET BACK TO NORMAL.EXEC SAYS OPTIMISTIC ABOUT RETAIL BUSINESS IN MEDIUM TO LONG TERM.EXEC SAYS HAVE BEEN GAINING MARKET SHARE IN BFSI OVER THE LAST 4 QUARTERS.EXEC SAYS CLIENTS NOT INCREASING BUDGETS IN LINE WITH THEIR GROWTH.EXEC SAYS SELL SIDE OF CAPITAL MARKETS CONTINUES TO BE A CHALLENGE.  Full Article

India's Tata Consultancy Services Dec Qtr Consol Profit Rises
Friday, 17 Jan 2020 

Jan 17 (Reuters) - Tata Consultancy Services Ltd ::DEC-QUARTER CONSOL PROFIT 81.18 BILLION RUPEES VERSUS PROFIT OF 81.05 BILLION RUPEES YEAR AGO.DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 398.54 BILLION RUPEES VERSUS 373.38 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR DEC QUARTER CONSOL NET PROFIT WAS 81.74 BILLION RUPEES -- REFINITIV DATA.DEC-QUARTER IT SERVICES ATTRITION RATE AT 12.2% LTM.DECLARED AN INTERIM DIVIDEND OF 5 RUPEES PER EQUITY SHARE.  Full Article

Tata Consultancy Services Dec-Qtr Operating Margin At 25%
Friday, 17 Jan 2020 

Jan 17 (Reuters) - Tata Consultancy Services Ltd ::DEC QUARTER NET ADDITION OF 22,390 EMPLOYEES YTD.DEC QUARTER OPERATING MARGIN AT 25%.  Full Article

TCS to Acquire Some Assets From GM Technical Center in India
Monday, 16 Sep 2019 

Sept 16 (Reuters) - Tata Consultancy Services Ltd ::SAYS GENERAL MOTORS AND TATA CONSULTANCY SERVICES LAUNCH NEW PARTNERSHIP IN GLOBAL VEHICLE ENGINEERING.SAYS WILL ACQUIRE CERTAIN ASSETS AT THE GM TECHNICAL CENTER - INDIA (GMTC-I), IN BENGALURU.SAYS OVER 1,300 EMPLOYEES OF GMTC-I WILL TRANSFER TO TCS.TATA CONSULTANCY SERVICES SAYS GMTC-I CONTRIBUTES TO GM PROGRAMS ACROSS PROPULSION SYSTEMS, VEHICLE ENGINEERING, CONTROLS DEVELOPMENT, TESTING.  Full Article

India's Tata Consultancy Services Declares Dividend Of 5 Rupees/Share
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Tata Consultancy Services Ltd ::SAYS BOARD DECLARED AN INTERIM DIVIDEND OF 5 RUPEES PER EQUITY SHARE.JUNE-QUARTER IT SERVICES ATTRITION RATE AT 11.5% LTM.TATA CONSULTANCY SERVICES LTD - NET ADDITION OF 12,356 EMPLOYEES IN Q1.TATA CONSULTANCY SERVICES LTD - CONSOLIDATED HEADCOUNT STOOD AT 436,641 AS OF JUNE 30, 2019.  Full Article

India's Tata Consultancy Services June-Qtr Consol Net Profit Attributable Rises 10.8%
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Tata Consultancy Services Ltd ::JUNE QUARTER CONSOL NET PROFIT ATTRIBUTABLE 81.31 BILLION RUPEES VERSUS PROFIT OF 73.40 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL NET PROFIT WAS 78.24 BILLION RUPEES.JUNE QUARTER CONSOL REVENUE 381.72 BILLION RUPEES VERSUS 342.61 BILLION RUPEES LAST YEAR.  Full Article

Nielsen Holdings Says Unit Amended Master Services Agreement With Tata America International Corp, TCS
Saturday, 6 Jul 2019 

July 5 (Reuters) - Nielsen Holdings PLC ::NIELSEN HOLDINGS PLC - UNIT AMENDED MASTER SERVICES AGREEMENT WITH TATA AMERICA INTERNATIONAL CORPORATION AND TATA CONSULTANCY SERVICES LIMITED.NIELSEN - AMENDMENT REDUCES AMOUNT OF SERVICES UNIT COMMITTED TO BUY FROM TCS FROM AMENDMENT EFFECTIVE DATE THROUGH REMAINING TERM OF MSA TO $1.41 BILLION.NIELSEN HOLDINGS PLC - PARTIES ALSO AGREED TO CERTAIN OTHER COMMERCIAL TERMS..NIELSEN HOLDINGS - AMENDMENT INCLUDES COMMITMENT TO BUT AT LEAST $275 MILLION IN SERVICES DURING 2019, AT LEAST $250 MILLION IN SERVICES DURING 2020.NIELSEN HOLDINGS - AMENDMENT INCLUDES COMMITMENT TO BUY AT LEAST $184.3 MILLION IN SERVICES PER YEAR FROM 2021 TO 2024, & $137.8 MILLION IN SERVICES IN 2025.NIELSEN HOLDINGS - AMENDMENT INCLUDES COMMITMENT TO BUY AT LEAST $275 MILLION IN SERVICES DURING 2019, AT LEAST $250 MILLION IN SERVICES DURING 2020 (CORRECTS TYPO).  Full Article

Tata Consultancy Services Says Ahli Brokerage Selects TCS Bancs Digital In Qatar
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Tata Consultancy Services Ltd ::AHLI BROKERAGE COMPANY SELECTS TCS BANCS DIGITAL TO OFFER ON-THE-GO TRADING SERVICES IN QATAR.  Full Article

Indian shares snap 4-day rally as banks, IT stocks drag

BENGALURU, Oct 22 Indian shares ended lower on Thursday, dragged by losses in financial and IT stocks, tracking broader market sentiment on concerns over a setback to U.S. stimulus talks and a spike in global COVID-19 cases.

No consensus analysis data available.