Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. NSE India Stock Exchange
  5. Tata Consultancy Services Limited
  6. News
  7. Summary
    TCS   INE467B01029

TATA CONSULTANCY SERVICES LIMITED

(TCS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Indian shares close slightly higher on global cues

09/07/2020 | 06:48am EDT

BENGALURU, Sept 7 (Reuters) - Indian shares ended slightly higher on Monday as investors looked past surging coronavirus infections at home and took cues from global shares, which edged up following a Wall Street-led rout in technology stocks last week.

The blue-chip NSE Nifty 50 index closed up 0.19% at 11,355.05, while the benchmark S&P BSE Sensex ended 0.16% higher at 38,417.23. Both indices fell over 2.6% last week.

"A small bounce back was due and so long as the liquidity situation remains okay, we won't see too much downside," said Samrat Dasgupta, chief executive officer at Esquire Capital Investment Advisors.

"Unless we have a situation where lockdown starts again or we have to reverse the unlock process, I don't see the (rising coronavirus cases) as a big concern," Dasgupta added.

Coronavirus infections surged past 4.2 million, making India overtake Brazil to be the country with the second-highest number of cases.

World shares were up 0.2%, after losing $2.3 trillion in the last two sessions in a technology stocks led rout. European shares also bounced, on a day where market activity was likely to be subdued.

In Mumbai, debt-ridden telecoms carrier Vodafone Idea Ltd ended 2.1% higher after the company unveiled a rebranding on Monday. It had on Friday approved fundraising of up to 250 billion rupees ($3.40 billion), as it tries to pay off hefty dues it owes to the government.

The Nifty IT index closed 0.57% higher. IT major Tata Consultancy Services Ltd rose 1.7% and was the top boost to the Nifty 50.

The Nifty energy and Nifty auto indexes closed lower by 0.51% and 0.48%, respectively.

HDFC Bank Ltd and Bajaj Finance Ltd were the top drags on the Nifty, falling 0.8% and 2.6%, respectively. ($1 = 73.4750 Indian rupees) (Reporting by Anuron Kumar Mitra in Bengaluru; Editing by Shounak Dasgupta)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BAJAJ FINANCE LIMITED -0.30% 6179.65 End-of-day quote.16.69%
HDFC BANK LIMITED -0.41% 1442.75 End-of-day quote.0.45%
NIFTY 50 0.20% 15856.05 Delayed Quote.13.18%
SENSEX 30 0.26% 52975.8 Real-time Quote.9.31%
TATA CONSULTANCY SERVICES LTD. -0.11% 3212.85 Delayed Quote.12.35%
VODAFONE IDEA LIMITED -9.73% 8.35 Delayed Quote.-13.15%
All news about TATA CONSULTANCY SERVICES LIMITED
07/22TATA CONSULTANCY SERVICES : Teams Up with Dutch Open to Enhance Participant and ..
MT
07/22TATA CONSUMER PRODUCTS : India's Tata gets bullish on e-commerce just as rules t..
RE
07/21Infosys reopens offices as India Inc eyes long road back to work
RE
07/21Tata Consultancy Services Signs an Eight-Year Contract with New York Road Run..
CI
07/21TATA CONSULTANCY SERVICES : TCS Recognized as a Leader in the IDC MarketScape fo..
AQ
07/20TATA CONSULTANCY SERVICES : TCS Positioned as a Leader in Pharmacovigilance and ..
AQ
07/20TATA CONSULTANCY SERVICES : TCS Recognized as a Leader in IDC MarketScape for As..
AQ
07/16TATA CONSULTANCY SERVICES : TCS iON Celebrates World Youth Skills Day by Integra..
AQ
07/16India's Wipro hits record high as digital demand drives quarterly beat, bolst..
RE
07/15TATA CONSULTANCY SERVICES LTD. : Ex-dividend day for interim dividend
FA
More news
Financials
Sales 2022 1 907 B 25 625 M 25 625 M
Net income 2022 394 B 5 290 M 5 290 M
Net cash 2022 431 B 5 785 M 5 785 M
P/E ratio 2022 30,2x
Yield 2022 2,34%
Capitalization 11 884 B 160 B 160 B
EV / Sales 2022 6,00x
EV / Sales 2023 5,31x
Nbr of Employees 488 649
Free-Float 27,8%
Chart TATA CONSULTANCY SERVICES LIMITED
Duration : Period :
Tata Consultancy Services Limited Technical Analysis Chart | TCS | INE467B01029 | MarketScreener
Technical analysis trends TATA CONSULTANCY SERVICES LIMITED
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 37
Last Close Price 3 212,85 INR
Average target price 3 485,69 INR
Spread / Average Target 8,49%
EPS Revisions
Managers and Directors
Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
Samir Seksaria Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
K. Ananth Krishnan Chief Technology Officer
N. Ganapathy Subramaniam COO & Non-Independent Executive Director
Sector and Competitors
1st jan.Capi. (M$)
TATA CONSULTANCY SERVICES LTD.12.35%168 660
ACCENTURE PLC20.31%186 855
INTERNATIONAL BUSINESS MACHINES CORPORATION11.78%131 205
INFOSYS LIMITED26.63%90 140
AUTOMATIC DATA PROCESSING, INC.16.04%83 980
SNOWFLAKE INC.-5.01%73 170