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TCS has declared its third quarter results. The company's Q3 consolidated net sales were up 4.05% at Rs 9,663.35 crore versus Rs 9,286.39 crore, quarter-on-quarter, QoQ.
Tata Consultancy Services reported a consolidated net sales jumped 4% to Rs 9,663.35 crore from Rs 9,286.39 crore it reported a quarter ago.
Tata Consultancy Services, TCS is to announce it third quarter results. According to CNBC-TV18 estimates, its revenues are seen up 3.96% to Rs 9653.82 crore, quarter-on-quarter, QoQ.
According to Srishti Anand, IT Analyst, Angel Stock Broking, Infosys’ FY11 EPS would be close to Rs 121. “We are looking at close to 10-11% kind of upsides. Right now, price target is Rs 3,560 and we may revise it upwards,” she adds.
In an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, Bhavin Shah, CEO of Equirus Securities spoke about the latest happenings in his company and the road ahead.
The earning season is fast approaching with Information Technology major Infosys declaring their quarter results this week. In an exclusive interview to CNBC-TYV18 Kawaljeet Saluja, Associate Director and the Head of Research at Kotak Securities said that he expects Infosys revenue growth in terms of dollar to grow at 7.5% this quarter.
Angel Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, TCS quarter sales are expected to go up by 4.2% at Rs 9680 crore, Quarter-on-Quarter, (QoQ) basis.
The IT sector will soon kick start the earnings season. Sandip Agarwal of Antique Stock Broking and Ganesh Duvvuri of Edelweiss Capital, in an interview on CNBC-TV18, agree that TCS’ earnings growth will be slightly better than Infosys.
Karvy Stock Broking has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Tata Consultancy Services (TCS) December quarter sales are expected to go up by 3.6% to Rs 9616.6 crore, Quarter-on-Quarter, (QoQ) basis.
KRChoksey has come out with its earning estimates on IT sector for the quarter ended December 2010. According to the research firm, Tata Consultancy Services December quarter sales are expected to go up by 2% to Rs 9,512 crore, Quarter-on-Quarter, (QoQ) basis.