TCS Share Price Live Updates: Macquarie increases price target to ₹4,680, but stock remains lower

TCS Share Price Live Updates:

Shares of India's largest IT services company, Tata Consultancy Service (TCS), will be in focus on Friday, October 10, as they will be reacting to their quarterly results reported after market hours on Wednesday. The results were better than expectations on most fronts, but there were multiple announcements made along with the results that could grab the spotlight. These include a data centre building plan, and a new acquisition as well. The company says that the international revenue in the current financial year will be better than financial year 2025 and margins will head towards the 26% mark. They also added that the company will be aggressive in terms of acquisitions going forward. The stock has gained in three out of the four sessions this week and is rebounding from its 52-week low, which it fell to on October 1. In response to TCS' results, the US-listed ADRs of Infosys gained 2%, while those of Wipro rose 1%. Watch this space for all the live updates.