TCS hits 52-week high on strong Q4 results

The Mumbai-headquartered company posted double-digit revenue growth in dollar terms in Q4 for the first time in the last 12 quarters.

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SI Reporter New Delhi

Last Updated : Apr 20 2018 | 9:28 AM IST

TCS hit 52-week high of Rs 3,287, up 3 per cent on NSE in early morning deals after the company reported announced a strong set of numbers in the March quarter (Q4) as well as for 2017-18, backed by all-round growth in key verticals and geographies, and digital services and solutions.

The Mumbai-headquartered company posted double-digit revenue growth in dollar terms in Q4 for the first time in the last 12 quarters. The management was confident of sustaining this growth rate in the coming quarters.

The company’s net profit and revenue in the quarter beat Street estimates, while margin growth was slightly

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