TCS shares rally over 4% to cross-market cap of Rs 15 lakh crore!
Tue, Feb 6, 2024 12:46 PM

TCS shares rally over 4% to cross-market cap of Rs 15 lakh crore!

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TCS stock hits all-time high and crosses Rs 15 lakh crore market cap after announcing a multi-year deal with Europ Assistance to enhance IT operating model. The partnership will also use TCS' ignio AIOps solution for better technology insights. In Q3 FY24, TCS reports higher revenue but lower profit due to one-time charge of Rs 958 crore. EBIT margin improves to 25%.

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