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

MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  Tata Consultancy Services    TCS   INE467B01029

TATA CONSULTANCY SERVICES

(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 EST

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 -5.28% 5238.3 End-of-day quote.-1.09%
HDFC BANK LIMITED -4.48% 1534.4 End-of-day quote.6.83%
NIFTY 50 -3.76% 14529.15 Delayed Quote.3.92%
SENSEX 30 -3.80% 49099.99 Real-time Quote.6.89%
TATA CONSULTANCY SERVICES -3.37% 2894.3 Delayed Quote.1.10%
VODAFONE IDEA LIMITED -3.00% 11.3 Delayed Quote.6.10%
All news about TATA CONSULTANCY SERVICES
02/25TATA CONSULTANCY SERVICES : India's top brokerage Zerodha faces investor fury af..
RE
02/25TATA CONSULTANCY SERVICES : India's top brokerage Zerodha faces investor fury af..
RE
02/24Indian Indices Book Sharp Gains on Wednesday in an Extended Trade Session
MT
02/10TATA CONSULTANCY SERVICES : TCS Wins Salesforce Innovation Award for Powering Eq..
AQ
02/10TATA CONSULTANCY SERVICES : TCS Commits to Continue Investing in the UK Economy
AQ
02/10TATA CONSULTANCY SERVICES : TCS Named a Leader in Multi-Process Human Resources ..
AQ
02/03Analysts lift earnings estimate for Asian companies for 7th straight month
RE
02/02Sensex, Nifty close at record highs on gains in financial, infrastructure sto..
RE
01/29Indian shares end lower as pharma, IT stocks weigh ahead of budget
RE
01/20TATA CONSULTANCY SERVICES : Three UK Partners with TCS to Accelerate 5G Network ..
AQ
More news
Financials
Sales 2021 1 642 B 22 219 M 22 219 M
Net income 2021 330 B 4 460 M 4 460 M
Net cash 2021 271 B 3 669 M 3 669 M
P/E ratio 2021 32,8x
Yield 2021 1,62%
Capitalization 10 706 B 145 B 145 B
EV / Sales 2021 6,35x
EV / Sales 2022 5,51x
Nbr of Employees 469 261
Free-Float 26,9%
Chart TATA CONSULTANCY SERVICES
Duration : Period :
Tata Consultancy Services Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TATA CONSULTANCY SERVICES
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 3 314,54 INR
Last Close Price 2 894,30 INR
Spread / Highest target 44,3%
Spread / Average Target 14,5%
Spread / Lowest Target -35,0%
EPS Revisions
Managers and Directors
NameTitle
Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
V. Ramakrishnan Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
K. Ananth Krishnan Chief Technology Officer
Kamal Bhadada Head-Communication, Media & Information Services
Sector and Competitors
1st jan.Capitalization (M$)
TATA CONSULTANCY SERVICES1.10%144 507
ACCENTURE PLC-3.95%159 130
INTERNATIONAL BUSINESS MACHINES CORPORATION-2.71%106 275
AUTOMATIC DATA PROCESSING, INC.-0.38%74 470
INFOSYS LIMITED-0.20%71 787
VMWARE, INC.-1.46%57 952