TCS share price: UBS said that the market is not completely taking into account the impact of the large deal ramp-up and scope of margin improvement through utilisation, pyramid restructuring etc.
The IT behemoth has granted an extension until the upcoming month, they have emphasized that this extension will be the last, and any failure to adhere to the directive will result in significant repercussions.
The profit growth came in line with analyst projections of 7-11 per cent growth. The Mumbai-based Tata group firm said its consolidated revenue for the quarter rose 4.04 per cent YoY to Rs 60,583 crore from Rs 58,229 crore in the same quarter last year.
Flair Writing shares listing in Top News on December 1: TCS’ Rs 17,000-crore share buyback, GNFC’s buyback offer, stock market, Bank Nifty outlook, visa free entry for Indians to Malaysia in focus.