Tata Consultancy Services Ltd. Share Price

Six firms declare special dividends in FY26

Several listed companies rewarded investors with special dividends during FY26, highlighting strong cash positions and one-time gains.

India Ranks Among Top 10 Emerging Markets in AI Readiness

According to the World Bank’s report, India and Artificial Intelligence: Seizing the Development Opportunity, India has ranked among the top 10 emerging-market performers in AI readiness, driven by its large technical workforce, globally integrated IT sector, and robust digital public infrastructure. Highlighting growing investor confidence, private AI investment in the country more than tripled to ₹36,231.70 crore ($4.1 billion) in 2025, up from ₹10,604.40 crore ($1.2 billion) in 2024. Additionally, employment across Global Capability Centres (GCCs) expanded to 2.36 million professionals in 2025 from 1.9 million the previous year, demonstrating the central role of skilled talent and tech-driven services in powering economic growth. While noting that the long-term impacts on labor markets remain uncertain, the World Bank emphasized India’s potential to leverage AI as a developmental catalyst to elevate public service delivery and boost national productivity. To ensure the equitable distribution of technological benefits, the World Bank recommended comprehensive policy actions aimed at upgrading AI-enabling infrastructure, fostering an adaptive business environment, expanding AI access, and building workforce capacity. Through initiatives like AgriConnect, the World Bank Group is investing in targeted, localized "small AI" tools to extend technology access to underserved populations and support workers during technological transitions. The report stresses that South Asian economies stand to gain the most by adapting technologies to local contexts, particularly via low-cost applications suited for low-resource environments. Supported by these interventions, the accompanying South Asia Economic Update projects the region to grow by 6.9% in 2026—maintaining its position as the world's fastest-growing economic bloc—with India well-positioned to lead AI integration across public services and productivity domains.

Tata Consultancy Services jumps up to 6.2% on Q2 results

Tata Consultancy Services Limited shares rose up to 6.2% on 9 October after Q2 profit grew 7.6% to Rs 13,884 crore. The 50-day SMA at Rs 2,254 is resistance. Tata Consultancy Services Limited [

TCS Q2FY27 Strong Profit Growth, but Revenue Remains Subdued

Tata Consultancy Services (TCS) reported Q2FY27 net profit of ₹13,884 crore, rising 14.9% year-on-year and surpassing Bloomberg estimates. Revenue increased 11.2% Y-o-Y to ₹73,188 crore, while sequential growth remained modest at 1.3%. Constant-currency revenue growth of just 0.5% Qo-Q highlights subdued business momentum during H1FY27, despite healthy profitability. The demand environment remained stable, with TCS increasingly leveraging artificial intelligence to deliver value to clients. AI-led revenue reached $3.1 billion, contributing over 10% of overall revenue, highlighting the growing importance of AI-driven services. The company secured total contract value (TCV) of $9.6 billion during the quarter, indicating some improvement from Q1FY27. However, analysts remain cautious about weak large-deal momentum and subdued demand in North America, projecting annual growth of only 1.5%-2%. Operationally, the EBIT margin stabilised at 24%, supported by ongoing execution efforts, although external consultant expenses and project-related costs continue to exert pressure. TCS maintains its long-term margin target of 26%-28%, but pricing pressures and elevated delivery costs remain key challenges. Sectoral performance was mixed, with banking and technology showing resilience, while consumer and energy verticals struggled. On the workforce front, TCS added 10,000 freshers during the quarter, taking total headcount to 598,056, while attrition stood at 13.3%. Overall Outlook: TCS delivered better-than-expected profit growth, supported by AI-led business expansion and stable margins. However, weak sequential constant-currency growth and limited large-deal momentum temper the outlook. Investors should monitor deal wins, North American demand, AI revenue conversion and margin recovery to assess whether earnings growth can translate into stronger business momentum.

Infosys Ltd. in Focus Ahead of Q2 Results

Wipro Ltd Q2 FY27 results scheduled for October 15