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TCS shares gain 5% after Q4 results, m-cap up by ₹36,136 cr
short by Shruti Maria Mahendar / on Monday, 15 April, 2019
Shares of Tata Consultancy Services (TCS) gained 5% on Monday after the IT company reported an almost 18% year-on-year rise in the March quarter profit at ₹8,126 crore, beating estimates. The company also added ₹36,136 crore to its market valuation. TCS had reported a revenue of ₹38,010 crore during the quarter, its strongest revenue growth in the last 15 quarters.
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