TCS shares fall 5% after Q1 numbers; Here's what top brokerages say about the stock
Updated: 11 Jul 2022, 04:39 PM IST
TL;DR.
- TCS' revenue from operations for Q1FY23 came at ₹52,758 crore, up over 16% from ₹45,411 crore year-on-year (YoY), and a rise of about 4% quarter-on-quarter (QoQ).
Brokerage firms have expressed their mixed views on TCS after the IT bellwether's Q1FY23 numbers.