By Admin 
Tcs shares: The shares of Tata Consultancy Services (TCS) recorded a decline of nearly 2 percent in early trade on Friday. It is being told that due to the results of estimated in the first quarter of FY 2026, the stocks have declined. At 9:55 am, the stocks were trading at Rs 3,320.20 with a decline of 1.83 percent at BSE at Rs 3,320.20. In the last five days, TCS shares have declined by 2.74 percent and in the last one month there has been a decline of 4.37 percent. In six months, the company’s shares have slipped down 22.63 percent.
Company results in June quarter
The net profit of this largest IT company in the country recorded a 6 percent lead compared to last year in the June quarter. This time the company earned a profit of Rs 12,760 crore as against the last year’s Rs 12,040 crore, which was more than an estimate of Rs 12,205 crore.
The company generated a revenue of Rs 63,437 crore from the operation during this period, which is more than Rs 62,613 crore from a year ago. TCS has also announced an interim dividend of Rs 11 per share for FY 26. A record date for this has been set on 16 July and the dividend will be paid on 4 August.
Buy or sell stocks?
The company has also received an order of US $ 9.4 billion this year, whose book-to-bill ratio is 1.3. Abhishek Kumar of JM Financial said that on a quarterly basis, the decline of 3.3 percent in the CC revenue is more than an estimate of a decline of 0.6 percent. The closure of BSNL has also reduced TCS Review. International trade also remains largely stable.
He further said, in the last four quarters, the decline of nine percent of customers over US $ 50 million, which is about 6 percent of the company’s client base, is the biggest decline ever. This indicates deep challenges. However, he also said that once uncertainty about business is removed, then the growth of the company will improve again. With this, he has advised to buy TCS shares with a target price of Rs 3,950. Another market analyst said that the weaker figures of TCS show the widespread struggle of the IT sector, especially large-cap companies. He further said, “Midcap IT is still expected to perform better.”
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