Tata Consultancy Services Limited (NSE: TCS)
India
· Delayed Price · Currency is INR | Market Cap | 16.21T |
| Revenue (ttm) | 2.44T |
| Net Income (ttm) | 468.74B |
| Shares Out | 3.62B |
| EPS (ttm) | 128.89 |
| PE Ratio | 34.75 |
| Forward PE | 30.35 |
| Dividend | 74.00 (1.64%) |
| Ex-Dividend Date | Jul 19, 2024 |
| Volume | 1,265,368 |
| Open | 4,476.95 |
| Previous Close | 4,512.35 |
| Day's Range | 4,436.70 - 4,487.00 |
| 52-Week Range | 3,311.00 - 4,592.25 |
| Beta | 0.55 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 10, 2024 |
About Tata Consultancy Services
Tata Consultancy Services Limited provides information technology (IT) and IT enabled services in the Americas, Europe, India, and internationally. It operates through Banking, Financial Services and Insurance; Manufacturing; Consumer Business; Communication, Media and Technology; Life Sciences and Healthcare; and Others segments. The company provides TCS ADD, a suite of technology platforms for clinical research and drug development; TCS BaNCS, a financial services platform; TCS BFSI Platforms, a cloud-native, as-a-service that helps financial... [Read more]
Financial Performance
In 2023, TCS's revenue was 2.41 trillion, an increase of 6.85% compared to the previous year's 2.25 trillion. Earnings were 459.08 billion, an increase of 8.92%.
Financial StatementsNews
TCS expands decade-long partnership with Google Cloud, launches new AI security products
Tata Consultancy Services has expanded its partnership with Google Cloud to introduce two AI-powered cybersecurity solutions: TCS Managed Detection and Response and TCS Secure Cloud Foundation. These ...
TCS expands 8-year partnership with one of the UK's biggest fashion retailer to 17 countries: 'New operating model' and more
Tata Consultancy Services (TCS) has extended its partnership with Primark to transform the retailer’s technology operations over five years. The collaboration aims to improve IT reliability, resilienc...
Nifty IT Index Rallies for fifth day as HCL, TCS, Wipro and Tech Mahindra gain nearly 1% amid positive Nvidia earnings
The Nifty IT index continued its upward momentum for the fifth consecutive day, with notable gains from major players like Wipro and Tech Mahindra, both rising nearly 1%. Investors are closely monitor...
Foreign spends slide 44% to USD 2.2 billion in June as TCS bites
In June 2024, Indians' total spending on external remittances dropped 44% year-on-year to $2.2 billion, with consistent declines noted across categories like travel and studies abroad. The tax collect...
TCS shares surge over 2% in trade after Macquarie increases target price to Rs 5,740 from Rs 4,750 earlier
Macquarie has upgraded its rating on Tata Consultancy Services (TCS) to Outperform and raised the target price to Rs 5,740, up from Rs 4,750.
Mid-sized IT cos see headcount rise in FY24
Mid-sized IT companies are experiencing a rise in their workforce in FY24, contrasting the hiring trend of larger IT firms like TCS and Infosys. Factors such as business growth, focus on specific capa...
Global banks' tech revival sparks hope for $254bln Indian IT sector
Quarterly reports from Tata Consultancy Services, Infosys, Wipro and others showed a nascent recovery in BFSI client demand after six quarters of depressed spending since the Silicon Valley Bank colla...
TCS' AI solution to power mobile checkout at 500-plus Croma stores across the country
Tata Consultancy Services enabled 100% in-store mobile checkout at Croma stores using its TCS OmniStore platform, marking a first in India's retail industry. This collaboration with Croma, an electron...
IT majors return to campus, colleges hopeful of better placement season
IT giants including TCS, Accenture, and Cognizant announced they would visit top engineering colleges in Chennai for campus recruitment in September. After a slow period, these visits signal a revival...
FPIs invest $1.40 billion in Indian IT stocks in July, highest since 2022
In July, foreign portfolio investors invested a net worth of 117.63 billion rupees in Indian IT stocks, the highest since 2022's sectoral reclassification. Analysts attributed this to potential US int...
Deadline extended for AI, machine learning diploma
The Govt Tool Room and Training Centre (GTTC) Diploma College in Baikampady Industrial Area, Mangaluru, has extended the application deadline for direct admission to the artificial intelligence and ma...