TCS shares drop over 1% after Q2 results

New Delhi: Shares of Tata Consultancy Services (TCS) fell more than one per cent on Thursday a day after the company announced its September quarter earnings. In late morning trade, the stock dived 1.62 per cent to Rs 3,551.25 apiece on the NSE.

On the BSE, TCS shares declined by 1.6 per cent to Rs 3,552.60 per piece, emerging as the biggest loser among Sensex shares. On Wednesday, TCS reported an 8.7 per cent year-on-year rise in net profit to Rs 11,342 crore in the September 2023 quarter.