TCS: Introduces Industrial Intelligence Foundry To Speed Up AI-Driven Autonomy And Engineering.

 15 Oct 2026 11:33 AM

TCS: Introduces Industrial Intelligence Foundry To Speed Up AI-Driven Autonomy And Engineering.

TCS: Mystate Limited Chooses TCS BaNCS For Banking System Overhaul After Merging With Auswide Bank; Implementation Aims To Improve Operations And Customer Experience.

 14 Oct 2026 11:31 AM

TCS: Mystate Limited Chooses TCS BaNCS For Banking System Overhaul After Merging With Auswide Bank; Implementation Aims To Improve Operations And Customer Experience.

TCS: Expects Ongoing International Growth, North America Revenue To Improve Soon, And Stronger Q3 For Consumer Business Due To Seasonal Trends.

 09 Oct 2026 09:05 AM

TCS: Expects Ongoing International Growth, North America Revenue To Improve Soon, And Stronger Q3 For Consumer Business Due To Seasonal Trends.

TCS: Sets Long-Term Goal For Operating Margins At 26% To 28%, Viewing It As A Guiding Light. In The Short Term, The Focus Is On Growth Investments, Which Could Make It Challenging To Improve Margins, Expecting A 50 Basis Point Effect From The MHP Acquisition In The Second Half.

 09 Oct 2026 09:05 AM

TCS: Sets Long-Term Goal For Operating Margins At 26% To 28%, Viewing It As A Guiding Light. In The Short Term, The Focus Is On Growth Investments, Which Could Make It Challenging To Improve Margins, Expecting A 50 Basis Point Effect From The MHP Acquisition In The Second Half.

TCS: Expects Q3 Furloughs to Be Like Past Years, Management Optimistic About Turning Pipeline Opportunities into Growth Due to Increased Client Spending and Enterprise AI Adoption. AI Revenue Hits $3.1 Billion Annually, Making Up Over 10% of Total Revenue and Growing Across All Sectors.

 09 Oct 2026 09:07 AM

TCS: Expects Q3 Furloughs to Be Like Past Years, Management Optimistic About Turning Pipeline Opportunities into Growth Due to Increased Client Spending and Enterprise AI Adoption. AI Revenue Hits $3.1 Billion Annually, Making Up Over 10% of Total Revenue and Growing Across All Sectors.

TCS: Company States US Perm Suspension Will Not Affect Workforce Plans, Will Follow US Labor Rules, Aims To Hire 15,000 In The US Over Five Years.

 09 Oct 2026 08:46 AM

TCS: Company States US Perm Suspension Will Not Affect Workforce Plans, Will Follow US Labor Rules, Aims To Hire 15,000 In The US Over Five Years.

TCS: Goldman Sachs on TCS Maintains Buy, Target Price ₹2,210; revenue growth was in line but margins missed expectations; broad-based sequential growth outside India and a third consecutive quarter of headcount increases were positive, while flat QoQ EBIT margins despite international growth indicate reinvestment, deflation and competitive pressures, and negative deal-win growth points to a tepid revenue outlook.

 09 Oct 2026 08:55 AM

TCS: Goldman Sachs on TCS Maintains Buy, Target Price ₹2,210; revenue growth was in line but margins missed expectations; broad-based sequential growth outside India and a third consecutive quarter of headcount increases were positive, while flat QoQ EBIT margins despite international growth indicate reinvestment, deflation and competitive pressures, and negative deal-win growth points to a tepid revenue outlook.

TCS: Citi on TCS Maintains Sell, Target Price ₹1,840; 2Q revenue grew 2.8% YoY in constant currency, but EBIT margin fell 120bps YoY despite 9% INR depreciation; TTM deal value declined 3.3% YoY, headcount rose 1%, and FY27 margins are expected below earlier commentary; cuts FY27–29 earnings estimates by 1–2%, expects muted low-single-digit growth and sees continued pressure on stock and sector multiples.

 09 Oct 2026 08:55 AM

TCS: Citi on TCS Maintains Sell, Target Price ₹1,840; 2Q revenue grew 2.8% YoY in constant currency, but EBIT margin fell 120bps YoY despite 9% INR depreciation; TTM deal value declined 3.3% YoY, headcount rose 1%, and FY27 margins are expected below earlier commentary; cuts FY27–29 earnings estimates by 1–2%, expects muted low-single-digit growth and sees continued pressure on stock and sector multiples.

TCS: HSBC on TCS Maintains Hold, Target Price ₹2,350; 2Q results were slightly below expectations, though banking and technology performed well while US consumer and energy lagged; valuation remains undemanding, with margin estimates trimmed slightly.

 09 Oct 2026 08:55 AM

TCS: HSBC on TCS Maintains Hold, Target Price ₹2,350; 2Q results were slightly below expectations, though banking and technology performed well while US consumer and energy lagged; valuation remains undemanding, with margin estimates trimmed slightly.

TCS: Nomura on TCS Maintains Buy, Target Price ₹2,630; deal bookings provide growth visibility, but macro uncertainty is weighing on near-term growth and continued reinvestment is expected to keep FY27F margins subdued.

 09 Oct 2026 08:56 AM

TCS: Nomura on TCS Maintains Buy, Target Price ₹2,630; deal bookings provide growth visibility, but macro uncertainty is weighing on near-term growth and continued reinvestment is expected to keep FY27F margins subdued.

TCS: JPMorgan on TCS Maintains Overweight, Target Price ₹2,300; 2Q growth and margins were broadly in line, with international revenue up 1.2% QoQ in constant currency, led by BFSI, manufacturing and technology, while deal wins were soft excluding the yet-to-close MHP deal; discretionary spending remains under scrutiny, Q3 furloughs are expected to be normal, and 24% EBIT margins were flat QoQ as strategic, M&A and talent investments offset FX and operating leverage.

 09 Oct 2026 08:56 AM

TCS: JPMorgan on TCS Maintains Overweight, Target Price ₹2,300; 2Q growth and margins were broadly in line, with international revenue up 1.2% QoQ in constant currency, led by BFSI, manufacturing and technology, while deal wins were soft excluding the yet-to-close MHP deal; discretionary spending remains under scrutiny, Q3 furloughs are expected to be normal, and 24% EBIT margins were flat QoQ as strategic, M&A and talent investments offset FX and operating leverage.

TCS: CLSA on TCS Maintains Hold, Target Price ₹2,038; 2Q revenue and PAT were broadly in line, but EBIT margin missed slightly due to higher subcontracting costs; positives included a steady order book, rising headcount, AI revenue above US$3bn or 10% of revenue, and 1.2% QoQ constant-currency international growth, while revenue recovery and a return to the 26–28% aspirational margin band remain uncertain; cuts FY27–29 EPS estimates by 1–2%.

 09 Oct 2026 08:56 AM

TCS: CLSA on TCS Maintains Hold, Target Price ₹2,038; 2Q revenue and PAT were broadly in line, but EBIT margin missed slightly due to higher subcontracting costs; positives included a steady order book, rising headcount, AI revenue above US$3bn or 10% of revenue, and 1.2% QoQ constant-currency international growth, while revenue recovery and a return to the 26–28% aspirational margin band remain uncertain; cuts FY27–29 EPS estimates by 1–2%.

TCS: Kotak Inst Eqt on TCS Maintains Add, Target Price ₹2,320; 2Q growth and margins were in line, with healthy sequential growth across key verticals and accelerating AI revenue offset by muted TCV growth; the growth push and M&A dilution are expected to weigh on margins, prompting 70–110bps cuts to FY27–29E EBIT margin estimates, while AI adoption should keep TCS relevant despite incumbency disadvantages and valuations remain inexpensive at the lower end of a 12x multiple.

 09 Oct 2026 08:56 AM

TCS: Kotak Inst Eqt on TCS Maintains Add, Target Price ₹2,320; 2Q growth and margins were in line, with healthy sequential growth across key verticals and accelerating AI revenue offset by muted TCV growth; the growth push and M&A dilution are expected to weigh on margins, prompting 70–110bps cuts to FY27–29E EBIT margin estimates, while AI adoption should keep TCS relevant despite incumbency disadvantages and valuations remain inexpensive at the lower end of a 12x multiple.

TCS: Reports Hiring Of 10,000 Fresh Graduates In Q2.

 08 Oct 2026 08:04 PM

TCS: Reports Hiring Of 10,000 Fresh Graduates In Q2.

TCS: Executive Highlights AI Adoption Progress In Banking, Manufacturing, And Lifesciences.

 08 Oct 2026 07:46 PM

TCS: Executive Highlights AI Adoption Progress In Banking, Manufacturing, And Lifesciences.

TCS: Executive States That Data Center Earnings Will Start Flowing In 18-24 Months.

 08 Oct 2026 07:50 PM

TCS: Executive States That Data Center Earnings Will Start Flowing In 18-24 Months.

TCS: Forecasts Margin Challenges Due To Seasonal Factors And Dilution From Acquisitions In The Second Half

 08 Oct 2026 07:37 PM

TCS: Forecasts Margin Challenges Due To Seasonal Factors And Dilution From Acquisitions In The Second Half

TCS: Co-Executive States Discretionary Spending Remains Challenging.

 08 Oct 2026 07:14 PM

TCS: Co-Executive States Discretionary Spending Remains Challenging.

TCS: Co-Executive States Demand Landscape Remains Steady Since Q1.

 08 Oct 2026 07:14 PM

TCS: Co-Executive States Demand Landscape Remains Steady Since Q1.

TCS: Q2 CONS PROFT 139B RUPEES VS 134B (QOQ); EST 138B

 08 Oct 2026 03:43 PM

TCS: Q2 CONS PROFT 139B RUPEES VS 134B (QOQ); EST 138B