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Nifty IT shining: Pick these 2 tech stocks for healthy returns

The Nifty has just broken out from the flag pattern, and may further accelerate towards 22,118 levels. As long as it is above 21,580, buying on dips can be a prudent strategy.

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TCS share price: TCS shares jump over 3% as Q3 earnings beat Street estimates. Should you buy?

Tata Consultancy Services (TCS) shares jumped over 3% following its Q3 results. Morgan Stanley upgraded the stock to Overweight, while Motilal Oswal and Nuvama reiterated their buy stance. TCS reported higher-than-expected revenue but lower bottomline. Morgan Stanley raised the price target to Rs 4,240. Motilal Oswal has a target of Rs 4,250. Nuvama revised the target to Rs 4,500. Kotak maintained an Add rating.

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tcs share price: TCS had a decent Q3 barring the order wins: Mayuresh Joshi

TCS numbers better than estimates, order book lower than expected. North American market and BFSI facing challenges. Commentary on client decision making, budgeting cycle, and pricing critical. Headcount reduced, campus hiring still a focus. AI and AI.cloud-led demand driving sector growth. Resilient stock pick in midcap IT space: ER&D and platform product companies with growth in AI and mobility platforms.

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tcs q3 results: TCS management is confident that FY25 will be better than FY24. Here's why

K Krithivasan says: "You cannot look at the deal wins in the same lens as revenue. It does not follow the same revenue trajectory because there is always a certain amount of lumpiness as a timing issue. You need to look at over a long period of time, over the last four quarters, how the deal wins have been very strong. And this quarter, it is not aided by any mega deals because mega deals tend to be lumpy and all come from mid-sized deals. We are very happy with what we achieved in terms of deal wins."

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TCS share price surges 4% after Q3 earnings beat estimates; is it a good buy?

India Business News: TCS shares surge 4% on Q3 results; TCS stock trading at Rs 3,884.30; Morgan Stanley upgrades to 'Overweight'; Motilal Oswal maintains 'Buy'; Nuvama in

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Nifty 50 hits all-time high again thanks to Infosys, TCS Q3 results

The Nifty 50 index hit a new record high of 21,874 points, driven by strong support from the IT sector, with largely Infosys and TCS contributing to the rally.

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tcs q3 results: TCS Q3 Results Live Updates: PAT, revenue to remain flat; high furloughs to impact growth

TCS Q3 Results: It’s likely to be another dim show for IT services bellwether Tata Consultancy Services, as demand weakness intensified in the quarter ended December due to higher-than-expected furloughs. The company will release its Q3 earnings on Thursday, 11th January.Furloughs is a period when employees go on leave, and this typically occurs during the December quarter, particularly in the western countries.Historically, December quarter is seasonally weak for the information technology sector, but this time around, companies have likely witnessed a stronger winter chill.For the December quarter, TCS is seen reporting a 0.7% sequential rise in consolidated revenue to Rs 60,119 crore, and a mere 1% rise in profit to Rs 11,446 crore, according to the average of estimates given by nine brokerages.

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TCS Q3 Results: Profit rises 2% YoY to Rs 11,058 crore; revenue up 4%

TCS Q3 Results: Indias largest software service provider reported a 2% YoY growth in consolidated net profit for the December quarter to Rs 11,058 crore, while the revenue increased 4% to Rs 60,583 crore. Analysts estimated a revenue of Rs 60,119 crore and a profit of Rs 11,446 crore. The board also recommended a special dividend payout of Rs 18/share and an interim dividend of Rs 9/share.

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