Tata Consultancy Services is trading at INR 2152.80 (+4.05%) after its Q1 FY27 results showed better-than-expected revenue growth and stronger AI-led business momentum.
- The company reported 13.9% year-on-year revenue growth and annualized AI revenue of $2.6 billion, driven by a recovery in banking demand.
- A robust deal pipeline has reinforced investor confidence in the broader IT sector, though the stock faced some margin pressure during the quarter due to seasonal wage hikes.