Q2FY20 Earnings Report Of Tata Consultancy Services Ltd - HDFC Securities
Trends in Sales and Margins
Revenue grew by 2.11% to Rs. 38977.0 Cr in Q2FY..
Growth vectors at risk
We downgrade TCS to NEUTRAL (BUY earlier) and strike it off our list of conviction picks following ~4% EPS cut and a weak growth trajectory (cor..
Poor Performance & Cautious Outlook; Downgrade to HOLD
Tata Consultancy Services (TCS) reported a disappointing performance in 2QFY20 with USD revenue growing by j..
Operational blip, outlook muted
* Weak performance in a seasonally strong quarter:
TCS disappointed on revenue (+8.4% YoY CC in 2QFY20 v/s 10.6% in 1QFY20) an..
Bengaluru: With Tata Consultancy Services (TCS) Ltd posting a weak second quarter earnings below analyst estimates and Infosys Ltd cheering investors by raising its F..
Mumbai: Momentum is on the side of Infosys Ltd. After Tata Consultancy Services Ltd (TCS) reported a drop in revenue growth to single-digit levels in the September qu..
Mumbai: In the past three months, shares of Infosys Ltd have outperformed those of Tata Consultancy Services Ltd by about 22%. The September quarter results announced..
The second-quarter earnings of TCS missed analyst expectations on many fronts, pushing its shares down 3% at ₹1,944 in early trade today. TCS, which announced Q2 re..
There is a running joke in the financial markets about how earnings beats and misses are reported. “The company missed analysts’ estimates..." is the..
India's biggest IT company TCS today reported a constant currency revenue growth of 8.4% year-on-year for the quarter ending September 30, 2019. This was below th..
Automobile manufacturer General Motors and IT major Tata Consultancy Services on Monday entered into a partnership for future global vehicle engineering.
Uunder the te..
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