TCS posts weak Q1 earnings; brokerages divided, some slash target price
Brokerages on TCS after Q1 Results: TCS on expected lines posted weak April-June quarter earnings amid tariff uncertainty. For the quarter under review, the company’s consolidated net profit rose over 6 per cent to Rs 12,760 crore amid positive growth in the new services segment. Revenue at the company inched higher by 1.3 per cent…