TCS shares fall as Q3 margins disappoint; Infosys drops ahead of results
On Thursday post market hours, TCS reported a 90 basis points on-quarter decline in consolidated operating margin for the October-December quarter to 25.6 percent.
Credit Suisse maintained a 'neutral' stance on TCS share at a price target of Rs 1,775. The global research firm called the revenue to be in-line, while margins were a miss.
Published Date: Jan 11th, 2019 11:13 AM | Updated Date: Jan 11, 2019 12:43 PM IST
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