TCS, Tata Elxsi shares rise up to 3% ahead of Q2; here’s what to expect
The boards of TCS and Tata Elxsi are slated to meet today to approve second quarter results for the current fiscal.
The boards of TCS and Tata Elxsi are slated to meet today to approve second quarter results for the current fiscal.
TCS' attrition rate remains high at 21.5% on an annualised basis. The board declares a 2nd interim dividend of ₹8 per share.
Brokerage houses expect Infosys to raise its FY22 revenue growth guidance, while wage hikes and hiring might hit margins for the IT majors.
Revenue rises 17.3% due to better digital offerings and broad-based growth across business segments.