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13 July 2020

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Tata Consultancy Services Ltd (Computers - Software - Large)

Last Price 2,222.35
Net Changes 18.00
Volume 9610327
Prev Close 2,204.35
2,222.35 18.00 (0.82%)
Date: Jul 10,2020 EOD




Index Details Computers - Software - Large


Chart

Stock Price Details

Market Statistics

Open Price 2200 Div Yield (%) 0.81
Buy (Size) 2,221.65(×73) Eps(Rs) 81.66
Sell (Size) 2,221.00(×10) Book Value (Stand.)(Rs) 195.84
Value 57466814600 Book Value(conso.)(Rs) 222.0727484
Buy Quantity 73 Market Cap(Rs.Cr) 833648.55
Sell Quantity 10 Face Value(Rs) 1
Today's High 2249.15 Market Lot 1
Today's Low 2177.25 AGM Date Jun
52-Week High 2301.85 Book Closure Date
52-Week Low 1504.4 ISIN No. INE467B01029

Share Holding Pattern

  No Of shares % Share Holding
Total Foreign (Promoter & Group) 0 0.00
Indian (Promoter & Group) 2703542000 72.05
Total of Promoter 2703542000 72.05
Non Promoter (Institution) 898311356 23.94
Non Promoter (Non-Institution) 150531350 4.01
Total Non Promoter 1048842706 27.95
Total Promoter & Non Promoter 3752384706 100.00
Custodians(Against Depository Receipts) 0 0.00
Grand Total 3752384706 100.00

Company News

10-Jul-2020  Board Of Tata Consultancy Services Recommends Interim Dividend
Board Of Tata Consultancy Services Recommends Interim Dividend

Tata Consultancy Services announced that the Board of Directors of the Company at its meeting held on 9 July 2020, inter alia, have recommended the interim dividend of Rs. 5 per equity Share (i.e.500%), subject to the approval of the shareholders.
10-Jul-2020  TCS declines after weak Q1 performance
TCS declines after weak Q1 performance

Consolidated profit before tax stood at Rs 9504 crore in Q1FY21, declining nearly 10% from Rs 10,512 crore in Q4FY20. Total tax expense rose 1.5% to Rs 2455 crore in Q1FY21 over Q4FY20.

TCS said that constant currency revenue for Q1FY21 fell by 6.3% year on year. The IT major's operating margin stood at 23.6% in Q1FY21 from 25.1% in Q4FY20. The deal wins stood at $6.9 billion in Q1FY21, against $8.9 billion in Q4FY20.

The company highlighted that life sciences & healthcare segment continued to grow strongly at 13.8% YoY. Other than that, all other industry verticals showed declines of varying degrees: BFSI (-4.9%), retail & CPG (-12.9%), communications & media (-3.6%), manufacturing (-7.1%) and technology & services (-4%).

Demand contraction was broad-based by geography. Other than Europe (+2.7%) and Latin America (+0.2%), growth declined in all other markets: North America (-6.1%), UK (-8.5%), India (-27.6%), Asia Pacific (-3.2%), and MEA (-11.7%).

Commenting on the Q1 performance, Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: 'The revenue impact of the pandemic played out broadly along the lines we had anticipated at the start of the quarter. It affected all verticals, with the exception of Life Sciences and Healthcare, with varying levels of impact. We believe it has bottomed out, and we should now start tracing our path to growth. After an initial period of disruption, customers have now stabilized their operations and are now embarking on new beginnings to adapt and thrive in a post-pandemic world. We are seeing many customers focus on front-end transformation, resulting in significant traction for our products and services. The other big investment themes are around driving operational resilience, adaptability and optimization. We signed several large core transformation programs encompassing operations, applications, cloud and cybersecurity.'

The company's consolidated headcount stood at 443,676 as of 30 June 2020. IT services attrition rate (last twelve months) stood at 11.1%.

Meanwhile, the company has declared an interim dividend of 5 per equity share while setting 17 July as the record date for payment of dividend. TCS is an IT services, consulting and business solutions organization.

10-Jul-2020  Tata Consultancy Services Ltd - Tata Consultancy Services Limi...
Tata Consultancy Services Ltd - Tata Consultancy Services Limited - Dividend

Tata Consultancy Services Limited has informed the Exchange that Board of Directors at its meeting held on July 09, 2020, declared Interim Dividend of 5 per equity share.
09-Jul-2020  TCS fixes record date for interim dividend
TCS fixes record date for interim dividend

Tata Consultancy Services has fixed 17 July 2020 as record date for payment of interim dividend of Rs 5 per equity share of Re 1 each. The dividend will be paid on 31 July 2020.
09-Jul-2020  Tata Consultancy Services standalone net profit declines 30.04...
Tata Consultancy Services standalone net profit declines 30.04% in the June 2020 quarter

Net profit of Tata Consultancy Services declined 30.04% to Rs 6096.00 crore in the quarter ended June 2020 as against Rs 8714.00 crore during the previous quarter ended June 2019. Sales declined 3.16% to Rs 31624.00 crore in the quarter ended June 2020 as against Rs 32657.00 crore during the previous quarter ended June 2019.

ParticularsQuarter Ended
 Jun. 2020Jun. 2019% Var.
Sales31624.0032657.00 -3
OPM %27.1829.58 -
PBDT9182.0011633.00 -21
PBT8443.0010997.00 -23
NP6096.008714.00 -30
09-Jul-2020  Tata Consultancy Services consolidated net profit declines 13....
Tata Consultancy Services consolidated net profit declines 13.81% in the June 2020 quarter

Net profit of Tata Consultancy Services declined 13.81% to Rs 7008.00 crore in the quarter ended June 2020 as against Rs 8131.00 crore during the previous quarter ended June 2019. Sales rose 0.39% to Rs 38322.00 crore in the quarter ended June 2020 as against Rs 38172.00 crore during the previous quarter ended June 2019.

ParticularsQuarter Ended
 Jun. 2020Jun. 2019% Var.
Sales38322.0038172.00 0
OPM %26.1626.29 -
PBDT10480.0011455.00 -9
PBT9504.0010638.00 -11
NP7008.008131.00 -14
09-Jul-2020  TCS Q1 PAT slides 13% QoQ to Rs 7049 cr
TCS Q1 PAT slides 13% QoQ to Rs 7049 cr

Consolidated profit before tax stood at Rs 9504 crore in Q1FY21, declining nearly 10% from Rs 10,512 crore in Q4FY20. Total tax expense rose 1.5% to Rs 2455 crore in Q1FY21 over Q4FY20.

TCS said that constant currency revenue for Q1FY21 fell by 6.3% year on year. The IT major's operating margin stood at 23.6% in Q1FY21 from 25.1% in Q4FY20. The deal wins stood at $6.9 billion in Q1FY21, against $8.9 billion in Q4FY20.

The company highlighted that life sciences & healthcare segment continued to grow strongly at 13.8% YoY. Other than that, all other industry verticals showed declines of varying degrees: BFSI (-4.9%), retail & CPG (-12.9%), communications & media (-3.6%), manufacturing (-7.1%) and technology & services (-4%).

Demand contraction was broad-based by geography. Other than Europe (+2.7%) and Latin America (+0.2%), growth declined in all other markets: North America (-6.1%), UK (-8.5%), India (-27.6%), Asia Pacific (-3.2%), and MEA (-11.7%).

Commenting on the Q1 performance, Rajesh Gopinathan, Chief Executive Officer and Managing Director, said: 'The revenue impact of the pandemic played out broadly along the lines we had anticipated at the start of the quarter. It affected all verticals, with the exception of Life Sciences and Healthcare, with varying levels of impact. We believe it has bottomed out, and we should now start tracing our path to growth. After an initial period of disruption, customers have now stabilized their operations and are now embarking on new beginnings to adapt and thrive in a post-pandemic world. We are seeing many customers focus on front-end transformation, resulting in significant traction for our products and services. The other big investment themes are around driving operational resilience, adaptability and optimization. We signed several large core transformation programs encompassing operations, applications, cloud and cybersecurity.'

The company's consolidated headcount stood at 443,676 as of 30 June 2020. IT services attrition rate (last twelve months) stood at 11.1%.

As on 30 June 2020, the company has applied for 5,324 patents, including 108 applied during the quarter, and has been granted 1,471 patents.

Meanwhile, the company has declared an interim dividend of 5 per equity share while setting 17 July as the record date for payment of dividend.

Shares of TCS ended 0.6% lower at Rs 2204.35 on Thursday. TCS is an IT services, consulting and business solutions organization.

08-Jul-2020  TCS launches Quartz™ Smart Solution for Crypto Services
TCS launches Quartz™ Smart Solution for Crypto Services

Tata Consultancy Services announced the launch of its Quartz™ Smart Solution for Crypto Services, a next-gen, digitally powered offering for banks and investment firms to provide secure and seamless cryptocurrency trading to their clientele.

The solution is designed to support multiple cryptocurrencies and stable coins, digital currencies linked to fiat currencies, trading venues and public blockchain networks, thus offering choice and flexibility to customers when deciding their trading and investment strategies. Importantly, it can help banks and investment firms offer their customers the ability to transfer payments in the form of ‘digital cash', and benefit from lower transaction costs and quicker access to liquidity.

Quartz Smart Solution for Crypto Services comes integrated with a best-in-class hardware security module that enables cryptographic signing of each transaction, thereby ensuring security and authenticity. With state-of-the-art features such as multi-signature wallets with an in-built authorization engine that enables configurable transaction approval policies, blockchain forensic checks, auto reconciliation and compliance alerts, exchange and OTC desk connectivity and audit capabilities, among others, it ensures that a transaction is executed only after proper validation as well as authorization by the user.

08-Jul-2020  Tata Consultancy Services Ltd - Tata Consultancy Services Limi...
Tata Consultancy Services Ltd - Tata Consultancy Services Limited - Press Release

Tata Consultancy Services Limited has informed the Exchange regarding a press release dated July 08, 2020, titled 'TCS Launches QuartzTM Smart Solution to Help Financial Institutions Offer Cryptocurrency Trading'.
07-Jul-2020  TCS gains after JP Morgan Funds buys stake
TCS gains after JP Morgan Funds buys stake

On Monday (6 July), JP Morgan Funds purchased 11.23 lakh equity shares, or 0.03% stake, of TCS at an average price of Rs 2,199 per share via block deal on the BSE.

JP Morgan Funds acquired the shares from Flagship Indian Investment Company (Mauritius).

The company's board will meet on 9 July 2020 to approve the financial results for June quarter. The board will also consider declaration of interim dividend to equity shareholders.

On a consolidated basis, TCS reported 0.85% fall in net profit to Rs 8,049 crore on 0.03% rise in total income to Rs 40,684 crore in Q4 March 2020 over Q3 December 2019. Operating margin for the Q4 stood at 25.1%, and net margin reported was 20.2%.

TCS is an IT services, consulting and business solutions organization.

Incorporation Year 1995 
Registered Office Nirmal Building,9th Floor Nariman Point,
,
Maharashtra-400021
Telephone 91-22-67789595 
Fax 91-22-67789660 
Chairman N Chandrasekaran
Managing Director Rajesh Gopinathan
Company Secretary Rajendra Moholkar 
Auditor B S R & Co LLP 
Face Value(Rs)
Market Lot
Listing BSE,MSEI,NSE 
Registrar TSR Darashaw Consultants P Ltd
6-10 Haji Moosa,Patrawala Ind.Estate,DrEMoses Rd Mahalaxm,Mumbai - 400 011 
Toll Free number: 1800-425-5501 / 1800-103-5501
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