TCS Slips After Profit In June Quarter Declines Marginally

Shares of the country's largest information technology company - Tata Consultancy Services (TCS) - fell as much as 1.3 per cent to hit an intraday low of Rs 3,211.85 after it reported June quarter earnings which were below analysts' estimated. TCS' net profit in June quarter declined 2.57 per cent to Rs 9,008 crore compared with Rs 9,246 crore crore in the previous quarter. According to Refinitiv IBES data, analysts were expecting th...