TCS Q3 profit rises to Rs 8,701 crore
Fri, Jan 8, 2021 6:30 PM

TCS Q3 profit rises to Rs 8,701 crore

Get it on Google Play
Tata Consultancy Services, the largest IT services exporter in India, reported a consolidated net profit of Rs 8,701 crore for the quarter ended December 2020, versus Rs 7,475 crore in the previous quarter. Consolidated revenue for the quarter increased to Rs 42,015 crore, from Rs 40,135 crore in the 2nd quarter of the financial year 2020-21, while constant currency revenue grew at 4.1%.

More great flips

PayPal stock carries great risk with it. Chances of a reward are slim

PayPal stock carries great risk with it. Chances of a reward are slim

Analysts are of the opinion that the shares of the payment platform PayPal could be a risky bet for investors as its business is not showing any signs of a potential turnaround. Analyst Trevor Williams stayed firm on his "Hold" rating for the PayPal stock and decreased his price target from $95 to $85, owing to an exacerbation of online-store traffic growth.

Open Flip
🔔Here are 3 stocks that fluctuated the most today

🔔Here are 3 stocks that fluctuated the most today

✅Hindusthan Zinc: CMP ₹07.50. Its scrip jumped over 4% after the CCEA gave its nod to the proposal of sale of the govt.'s entire stake in the company. ⛔IndiGo: CMP ₹1,648. the scrip slipped more than 2% after it posted a net loss in Q4FY22. ✅Deepak Fertilizers: CMP ₹596.10 The firm's stock surged by 5% after reporting a net profit in Q4FY22.

Open Flip
🔎 Top 3 things to know about the latest ELSS fund rules

🔎 Top 3 things to know about the latest ELSS fund rules

🔶The passive ELSS scheme should be rooted in one of the indices that include shares from the top 250 companies by market capitalization. 🔶The index funds must include the name of the underlying index in the ELSS scheme name. 🔶As per updated data by AMFI, as of April 2022, the ELSS section had ₹1.5 lakh cr assets and there were 39 schemes covering the different investment firms.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon