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IT Consulting and Software company Tata Consultancy Services announced Q1FY24 results:
K Krithivasan, Chief Executive Officer and Managing Director, said, “It is very satisfying to start the new fiscal year with a string of marquee deal wins. We remain confident in the longer-term demand for our services, driven by the emergence of newer technologies. We are investing early in building capabilities at scale on these new technologies, and in research and innovation, so we can maximize our participation in these opportunities.”
N Ganapathy Subramaniam, Chief Operating Officer and Executive Director, said, “Our products and platforms achieved major milestones during the quarter with several transformational engagements going live. In the UK Life and Pensions administration space, we signed three new deals on our digital insurance platform, making TCS the undisputed leader in this market on any metric. We are proactively building differentiating capabilities in generative AI and actively working on such projects with our clients, delivering impact on technology, operations and client experience dimensions.”
Equity Capital: 90,424.00 Cr FV: 1.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 18,676.55 | -6,386.02 |
LAST 3M | 37,244.98 | 6,086.45 |
LAST 6M | 47,342.46 | 153,492.54 |
LAST 12M | 133,811.11 | 156,210.35 |
Date | Action Type | Ratio |
---|---|---|
Jul 20, 2023 | Dividend | 900 |
Jun 15, 2023 | Dividend | 2400 |
Jan 16, 2023 | Dividend | 6700 |
Tata Consultancy Services Limited or TCS, as it is commonly known, is an Indian multinational IT consulting and software company that is part of the prestigious Tata Group. The company was founded in 1968 and is headquartered in Mumbai, Maharashtra. Tata Consultancy Services Limited offers a wide range of products and services, such as digital and business solutions that incorporate analytics and insights, automation and artificial intelligence, blockchain, cloud services, cognitive business operations, consulting, cyber security, enterprise applications, IoT and digital engineering, quality engineering, interactive services, and sustainability services.
Tata Consultancy Services is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). On the NSE, it has been assigned the symbol of TCS. On the BSE, it has been allotted the scrip number of 532540. The company has a market capitalisation of Rs. 13.71 lakh crore, making it one of the largest IT consultancy services in the country. The share price of TCS closed at Rs. 3,814.05 on April 5, 2022. In the past year, TCS shares returned 15.49% to its investors.
TCS share price hit a 52-week high at Rs. 4,045.50 and it recorded a 52-week low at Rs. 3,004.80. Tata Consultancy Services shares reported a price-to-earnings ratio of 37.07 as of April 6, 2022. On the same date, the company’s price-to-book ratio was at 0.07.
The company operates in the following segments—Banking, Financial Services and Insurance, Manufacturing, Retail and Consumer Business, Communication, Media and Technology, Lifesciences and Healthcare, and Others. TCS has 147 delivery centres in 21 countries and 285 offices across 46 countries. TCS is the first Indian IT company to make it to the $100 billion club when its market capitalisation breached the threshold in April 2018. It is the second company in India to hold the merit, after Reliance Industries.
For the quarter ended December 31, 2021, TCS reported a total income of Rs. 43,070 crore compared to Rs. 37,053 crore for the same period in the previous year. The company reported a total profit of Rs. 9,959 crore for the December quarter of the financial year 2021. For the same period in the previous year, the company posted a net profit of Rs. 9,242 crore. The earnings per share for the company was Rs. 26.93 for the quarter ended December 31, 2021. For the same period in the previous year, the company reported an earnings per share of Rs. 24.63.
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Nirmal Building, 9th Floor Nariman Point, Mumbai, Maharashtra, 400021
Tel | : | 91-22-67789595 |
: | tcs:tata.com/investor.relations:tcs.com | |
Website | : | http://www.tcs.com |
TSR Consultants P Ltd
AGM Date (Month) | : | Jun |
Face Value Equity Shares | : | 1 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 532540 |
NSE Code | : | TCS |
Book Closure Date (Month) | : | |
BSE Group | : | A |
ISIN | : | INE467B01029 |
You can buy Tata Consultancy Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tata Consultancy Services Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 22, 2023 03:59 PM the closing price of Tata Consultancy Services Ltd was ₹ 3,603.65.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 22, 2023 03:59 PM, the market cap of Tata Consultancy Services Ltd stood at ₹ 1,318,593.91.
The latest PE ratio of Tata Consultancy Services Ltd as of Sep 22, 2023 03:59 PM is 30.14
The latest PB ratio of Tata Consultancy Services Ltd as of Sep 22, 2023 03:59 PM is 0.07
The 52-week high of Tata Consultancy Services Ltd is ₹ 3,633.75 while the 52-week low is ₹ 2,926.10
According to analyst recommendations, Tata Consultancy Services Ltd has a “Buy” rating for the long term.