According to reports, Tata Consultancy Services (TCS) witnessed a 2.51% drop in its shares post the announcement of its Q1 results on July 11, 2025, in New Delhi.
Key highlights:
• TCS stock fell 2.51% to ₹3,297 on the NSE.
• The company reported a 6% rise in Q1 profit.
• Revenues grew 1.3% to ₹63,437 crore.
• Managing director predicts no double-digit revenue growth in FY26.
The decline in TCS shares reflects investor concerns over the company’s performance amidst geopolitical uncertainties and demand contraction, indicating challenges for the IT sector, particularly large caps.
Source: Business News Today, Latest Finance News | The Hindu