Why is TCS share dropping?

Why is TCS share dropping?

The stock market underperformance of Tata stocks, excluding TCS, long cast a shadow on the group’s overall performance. Because of this, Tata Consultancy Services’ contribution to the group’s market cap declined to a decadal low of 58.2\% as of October 14.

What will be TCS price in 2025?

TCS share price target 2025 around ₹4820. TCS share price in 2030 around ₹6400. So TCS is a good stock to buy in long term.

What will be the price of TCS share after 10 years?

Stock Performance

Time Period Time Period Tata Consultancy Services
1 Year 1 Year 29.49
3 Years 3 Years 22.09
5 Years 5 Years 26.81
10 Years 10 Years 19.85

Is TCS a good share?

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The overall outlook for TCS as well as the overall industry is bullish, and any meaningful correction in the stock now is a great buying opportunity, he told CNBCTV18.com. The company’s attrition rate at 11.9 percent for the September quarter is the lowest in the industry.

Will TCS give bonus in 2021 Diwali?

The Diwali windfall has come six months in advance for 2.5 lakh employees of software services giant Tata Consultancy Services (TCS). Though the bonus will dip into TCS’ cash reserves of Rs 23,000 crore, the biggest beneficiary of the largesse will be TCS lifers including CEO and MD N Chandrasekaran.

What is the net profit of TCS in Q4 2018?

This is against a net profit of Rs 8,049 crore in the year-ago period, TCS said in a regulatory filing.TCS Q4 results: Net profit rises 14.9 pc to Rs 9,246 cr; board okays Rs 15/sh dividend

Which companies will give Q4 results this year?

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While Tata Consultancy Services Ltd. (TCS), the country’s largest technology services firm by revenue, will kick off the Q4 results season on April 12. Infosys’ on April 14 and Wipro on April 15 will follow.

How has covid-19 pandemic boosted TCS’s earnings?

The company’s earnings have benefitted from the surge in demand for digital services such as migration to cloud over the past 12 months triggered by the Covid-19 pandemic. While Tata Consultancy Services Ltd. (TCS), the country’s largest technology services firm by revenue, will kick off the Q4 results season on April 12.

How did TCS perform in FY 2021?

On a reported basis, TCS? revenue grew 4.6\% in FY 2021, compared to 7.2\% in the prior year, due to the sharp revenue reduction in the first quarter across industry segments from the pandemic impact. Movements in currency exchange rates through the year resulted in a positive impact of 5.4\% on the reported revenue.

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