Wednesday, December 1, 2021

Joey Lawrence and his Girlfriend Samantha Cope Engaged!

Joseph Lawrence Mignogna Jr., the popular American actor cum musician, is finally engaged to her girlfriend, Samantha Cop, the actress. The pair got engaged...

Latest Posts

Pakistan: Violence erupts over alleged insult of Quran, protesters set fire to police station

Violent protests have started in the Tangi area of ​​Charsadda district, located in Pakistan's Khyber Pakhtunkhwa province, after the case of alleged insults to...

Saudi Prince and President Biden makes efforts to reduce gasoline prices

President Joe Biden looked intensely frustrated. Inflation was approaching toward a 30-year high and Americans, rich and poor, could see the cost of gasoline...

Electric Vehicle Charging Station by US LED

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Germany’s Plugin EV Market Share Exceeds 30% – An Unstoppable Force

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TCS Stocks prices reaches 52-week high

Since last year, due to increased reliance on technology and more industries like TCS taking over the new normal, the coronavirus outbreak has brightened the demand scene, so most Indian IT stocks have risen sharply. In terms of market value, Tata Consultancy Services (TCS), India’s second largest company in market capitalization, is also on the rise.

In early trading on June 18, the stock rose more than 1% to 3,357.85 rupees, just one step away from the 52-week high of 3,358.80; however, it cooled and eliminated any negative trade income. The TI test was better than the Sensex test last year and in 2021. After all, TCS rose 16% in the BSE in 2021 and recovered 62% from June 17, 2020. Sensex is up 10% last year. and 56% respectively this year.

A few days ago, Tata Sons President N. Chandrasekaran said that since its listing in 2004, TCS’s share price has risen by more than 3000%. Innovate business models by using data and analysis and ultimately forming a cloud ecosystem in which the company cooperates with other affiliated companies. TCS is the world leader.

In the past three quarters, your profits and revenue have increased every quarter. In the past two years, the company has improved. Analysts are optimistic about the stock. Although its trading price is close to a 52-week high, they said there is still demand for TCS. Ashis Biswas, head of research at CapitalVia Global Research, predicts that BFSI Vertical will increase its investment in automation in the next two years.

There will be strong demand in all regions, and increased outsourcing should increase profits. Driven by increased outsourcing, increased utilization, reduced losses and preferential conditions, the company’s operating profit margin will increase by 130 basis points to 25.9%. Currency structure. In addition, management expects to achieve double-digit growth in the 22nd fiscal year, which will be supported by large orders,” Biswas said.

Read More: Twitter verification starts again and the requirements

Latest Posts

Pakistan: Violence erupts over alleged insult of Quran, protesters set fire to police station

Violent protests have started in the Tangi area of ​​Charsadda district, located in Pakistan's Khyber Pakhtunkhwa province, after the case of alleged insults to...

Saudi Prince and President Biden makes efforts to reduce gasoline prices

President Joe Biden looked intensely frustrated. Inflation was approaching toward a 30-year high and Americans, rich and poor, could see the cost of gasoline...

Electric Vehicle Charging Station by US LED

US LED's TurboEVC is an electric car charging station designed for commercial and industrial use. The Level 2 charging point is compatible with currently available...

Germany’s Plugin EV Market Share Exceeds 30% – An Unstoppable Force

In October, plug-in electric vehicles accounted for 30.4 percent of new vehicle sales in Germany, the world's fifth-largest auto market and Europe's largest. Full...

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