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TCS stock slumps after earnings miss estimate

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Business Standard
Last Updated : Oct 15 2015 | 12:04 AM IST
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Shares of Tata Consultancy Services (TCS), the country's most valued company, fell 4.4 per cent on Wednesday after the company's September quarter revenues missed market expectations. The price drop was highest since October last year. A few brokerages, including Citi, downgraded the stock, citing pressure on margins due to slowing growth.

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First Published: Oct 14 2015 | 10:36 PM IST

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