TCS Share Value Right now Reside Updates 12 July: TCS inventory surges 6% after Q1 revenue rose 8.8%

by

ata Consultancy Companies/ TCS Share Value Right now Reside Updates for July 12, 2024: Tata Consultancy Companies inventory opened amongst high gainers within the Nifty 50 pack on Friday’s commerce. The corporate kicked off the primary quarter of FY25 with an 8.8% year-on-year progress in income to ₹12,105 crore. Throughout the identical time final yr, the IT behemoth reported a revenue of ₹11,120 crore. 

ALL UPDATES

  • July 12, 2024 12:13

    TCS inventory rose 5.71% on the NSE, buying and selling at ₹4,147.55 as at 12.11 pm.

  • July 12, 2024 11:09

    TCS inventory jumps 3.98% on the NSE, buying and selling at ₹4,079.75 as at 11.08 am.

  • July 12, 2024 10:18

    Fund Homes Suggestions 

    Jefferies on TCS: Improve to Purchase on Firm, increase goal worth at Rs 4615/Sh from Rs 4030/Sh (Optimistic)

    UBS on TCS: Keep Purchase on Firm, goal worth at Rs 4600/Sh (Optimistic)

    Nuvama on TCS: Keep Purchase on Firm, increase goal worth at Rs 4800/Sh (Optimistic)

    JP Morgan on TCS: Keep Chubby on Firm, increase goal worth at Rs 4600/Sh (Optimistic)

    Citi on TCS: Keep Promote on Firm, goal worth at Rs 3645/Sh (Optimistic)

    Nomura on TCS: Keep Impartial on Firm, increase goal worth at Rs 3860/Sh (Impartial)

    CLSA on TCS: Keep Purchase on Firm, increase goal worth at Rs 4007/Sh (Impartial)

  • July 12, 2024 10:14

    TCS income rise 8.8% to ₹12,105 cr in Q1 on India income progress

    Tata Consultancy Companies kicked off the primary quarter of FY25 with an 8.8 per cent year-on-year progress in income to ₹12,105 crore. Throughout the identical time final yr, the IT behemoth has reported a revenue of ₹11,120 crore. On a sequential foundation, revenue fell by 3.1 per cent, because the agency reported a revenue of ₹12,502 crore within the earlier quarter.

    Regional markets proceed to outperform western geographies relating to progress. India income rose by 61.8 per cent, in the meantime the revival in UK enterprise has stagnated reporting a y-o-y progress of 6 per cent. North America and Continental Europe proceed to point out minimal restoration. The IT main reported a unfavorable progress of 1.1 per cent in North America, though granted that the degrowth has moderated for the reason that final quarter. Revenues solely grew by 0.9 per cent in Continental Europe. High verticals corresponding to BFSI and Shopper Enterprise proceed to point out degrowth of 0.9 per cent and 0.3 per cent. Though granted that there was moderation in degrowth right here as effectively. Learn extra

  • July 12, 2024 10:12

    Tata Consultancy Companies share worth in focus

    TCS inventory traded at ₹4,038.80 on the NSE, larger by 2.93% as at 9.52 am.



#TCS #Share #Value #Right now #Reside #Updates #July #TCS #inventory #surges #revenue #rose