TCS Q2 Results: Tata Consultancy Services (TCS), India’s largest IT services company, reported a consolidated net profit of Rs 12,075 crore for the July–September quarter (Q2 FY26), marking a 5.4% decline from Rs 12,760 crore in the previous quarter. The profit came below Street estimates of around Rs 12,744 crore. On a year-on-year basis, the…
Indian IT companies are expected to face only limited disruption following the US announcement of a $100,000 one time fee on new H-1B visa applications, according to market expert Anil Singhvi, managing editor of Zee Business. Singhvi suggested that the move is more “signal than shock” for the sector, with only mild implications for business sentiment…
The board of Infosys is scheduled to meet on September 11 to discuss the buyback proposals. Meanwhile, Hong Kong-based brokerage firm CLSA believes it can trigger buyback talks at Tata Consultancy Services (TCS) too. TCS shares are currently trading at Rs 3,114 at noon. The brokerage maintained an ‘Outperform rating’ on TCS with a target…
Dividend yield is an important metric for investors as it reflects the return they earn on their equity holdings in the form of dividends. It serves as an indicator of how much a company rewards its shareholders relative to the price of its stock. For income-focused investors, dividend yield provides clarity on the stability of…
Domestic equity benchmarks Nifty 50 and Sensex have halted a two-day losing streak on Monday, August 4, amid strong buying interest in IT stocks. Index heavyweights TCS and Infosys are the biggest contributors to the gains in both main gauges. Nifty50 and Sensex halted a two-day losing streak on Monday amid gains in IT and…
Dividends: Afcons Infrastructure – Rs 2.5 per share (25%) ASK Automotive – Rs 1.5 per share (75%) Bajaj Electricals – Rs 3 per share (150%) Bharti Airtel – Rs 16 per share (320%) Birlasoft – Rs 4 per share (200%) Blue Star – Rs 9 per share (450%) CE Info Systems – Rs 3.5 per…