Previous close | 3,411.05 |
Open | 3,420.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 3,385.55 - 3,458.45 |
52-week range | 2,926.10 - 3,882.50 |
Volume | |
Avg. volume | 1,665,731 |
Market cap | 12.701T |
Beta (5Y monthly) | 0.68 |
PE ratio (TTM) | 39.60 |
EPS (TTM) | 86.71 |
Earnings date | 10 Apr 2023 - 14 Apr 2023 |
Forward dividend & yield | 32.00 (1.01%) |
Ex-dividend date | 17 Oct 2022 |
1y target est | 3,479.80 |
India's Tata Consultancy Services fell nearly 3% on Tuesday after missing profit estimates and flagging challenges in Europe while the IT major's first workforce decline since the pandemic in 2020 indicated a sharp growth moderation ahead, analysts said. TCS is the top loser on Nifty IT index, which is down 1.5%. The results set the tone for the IT industry that is seeing demand wane after a pandemic-fuelled boom, in the face of a looming recession in the United States and Europe from where it draws a bulk of its revenue.
India's largest software exporter Tata Consultancy Services on Monday reported higher earnings in the December quarter, but missed expectations and warned of a "cautious" business environment in the new year.
Tata Consultancy Services (TCS)