Infosys CEO and Managing Director Salil Parekh speaks during the press conference announcing the company's quarterly results in Bengaluru, India, January 11, 2024. REUTERS/Stringer
Infosys CEO and Managing Director Salil Parekh speaks during the press conference announcing the company's quarterly results in Bengaluru, India, January 11, 2024. REUTERS/Stringer
A general view of the Infosys headquarters before the press conference announcing the company's quarterly results in Bengaluru, India, January 11, 2024. REUTERS/Stringer
A general view of the Infosys headquarters before the press conference announcing the company's quarterly results in Bengaluru, India, January 11, 2024. REUTERS/Stringer
A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company's quarterly results in Mumbai, India, January 11, 2024. REUTERS/Francis Mascarenhas/File Photo
A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company's quarterly results in Mumbai, India, January 11, 2024. REUTERS/Francis Mascarenhas/File Photo

India's TCS, Infosys jump on upbeat results, lift IT stocks

January 12th, 2024 | 03:52 AM TECH Technology 1

Facebook Twitter Google+ LinkedIn Pinterest
By Reuters

Shares of India's top IT services providers Tata Consultancy Services (TCS.NS) and Infosys rose between 3% and 4.5% on Friday after their results indicated a possible end to persisting sluggish demand.

TCS, India's top IT exporter, and Infosys, both reported larger-than-expected revenue in the third quarter.

Their rise also sent the Nifty IT index up 2.7%.

Related Posts

© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT