TCS shares: Better operating cash flow, dividend payout ratio certainty, and healthy return ratios support stock valuation while a slower recovery in North America & the FSI vertical are downside risks, InCred Equities said.
Three Tata Group stocks, including Tata Consultancy Services (TCS), Tata Motors and Tata Technologies, shall be in focus during the trading session on Wednesday.
Emkay Global highlighted that headcount additions in Q4FY25 were mixed and cautious, as companies focused on increasing utilisation, controlling costs, and boosting productivity.
Tejas Networks share price: The scrip traded higher than the 5-day and 10-day simple moving averages (SMAs) but lower than the 20-day, 30-, 50-, 100-, 150-day and 200-day SMAs.
Reliance Industries, India's most-valued company, rose 3.14 per cent to Rs 1,421. This stock added Rs 58,527.94 crore to its m-cap. HDFC Bank, the second-most valued stock, added Rs 42,986.15 crore to its m-cap.
TCS dividend date: The largest IT solutions company Tata Consultancy Services has announced the record date for its final dividend of Rs 30 per share on April 30, 2025.
TCS conveyed optimism that trade-related uncertainties would subside after the first quarter, while Infosys projected typical seasonal trends in Q1, suggesting strong quarter-on-quarter growth.
Ahead of HCL Tech's Q4 results, Emkay Global said IT companies have not reported negative sequential growth rates outside recessions witnessed during the global financial crisis of 2008 or the 2020 pandemic.
The first week on quarterly earnings saw earnings from three domestic IT majors including TCS, Wipro and Infosys- as all of them disappointed investors with a muted set of earnings.
The employees started filing complaints against TCS in late 2023. The investigation started during the Joe Biden administration and has continued under President Donald Trump.
TCS shares: The stock corrected about 30 per cent since its peak over the past year, which has led to valuation becoming more reasonable, said Antique Stock Broking.