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TCS extends intraday slide after dull Q3 result
Jan 13,2017

The result was announced after market hours yesterday, 12 January 2017. The results are as per International Financial Reporting Standards (IFRS).

Meanwhile, the S&P BSE Sensex was down 70.03 points, or 0.26%, to 27,177.13

On BSE, 3.36 lakh shares were traded in the counter as against average daily volume of 95,222 shares in the past one quarter. The stock had hit a high of Rs 2,368 and a low of Rs 2,243.05 so far during the day.

The stock hit a 52-week high of Rs 2,740 on 12 August 2016. The stock hit a 52-week low of Rs 2,054.70 on 15 November 2016. The stock had outperformed the market over the past 30 days till 12 January 2017, rising 6.13% compared with Sensexs 2.42% rise. The scrip had also underperformed the market in past one quarter, sliding 0.96% as against Sensexs 1.54% fall.

The large-cap IT major has equity capital of Rs 197.04 crore. Face value per share is Re 1.

TCS consolidated revenue in constant currency grew 2% in Q3 December 2016 over Q2 September 2016. Operating income rose 1.5% to Rs 7733 crore in Q3 December 2016 over Q2 September 2016.

During Q3 December 2016, growth was led by Energy and Utilities (up 5.8% sequentially), Hi-Tech (up 2.6% sequentially), BFSI (up 2.1% sequentially), Manufacturing (up 2.1% sequentially) and Retail (up 1.9% sequentially) in constant currency.

Commenting on the Q3 performance, CEO and MD, N Chandrasekaran said that the resilience of the companys business model and strength of operating strategy has been brought to the fore by its performance in Q3, traditionally a quarter of weak demand. TCS strengths in digital, platforms and cloud as well as its deep knowledge of the customers domain are driving its ability to play a strategic role and make a holistic impact on the business.

Chandrasekaran added that to support and sustain the companys digital business that is growing at 30% on an annual basis, it continues to build new capabilities in digital technologies, empower employees to enhance agility in the workplace and invest more to develop IP-based platforms and products. Some of these products and platforms are maturing with greater customer adoption while others continue to be incubated in its innovation labs. As digital adoption increases in 2017, TCS is well prepared to lead this change.

Rajesh Gopinathan, Chief Financial Officer, said that TCS has shown great discipline and control at all levels to deliver another credible quarter. Alongside a good growth performance, the company has been able to keep profitability stable in the desired range and deliver over $1 billion in free cash flow during the quarter. Meanwhile, TCS after market hours yesterday, 12 January 2017 announced that Rajesh Gopinathan has been appointed as Chief Executive Officer (CEO) and Managing Director of the company. Gopinathan takes over from N Chandrasekaran who has been appointed as the Chairman of Tata Sons, effective 21 February 2017.

TCS is an IT services, consulting and business solutions organization. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.

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Spicejet flies high after inking mega jet purchase deal with Boeing
Jan 13,2017

The announcement was made during market hours today, 13 January 2017.

Meanwhile, the BSE Sensex was down 78.15 points, or 0.29%, to 27,169.01.

On the BSE, 50.35 lakh shares were traded in the counter so far, compared with an average volume of 43.34 lakh shares in the past one quarter. The stock had hit a high of Rs 66.55 and a low of Rs 64.55 so far during the day. The stock had hit a 52-week high of Rs 95.30 on 28 January 2016. The stock had hit a 52-week low of Rs 54.50 on 9 November 2016.

The stock had outperformed the market over the past 30 days till 12 January 2017, rising 7.3% compared with 2.76% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 10.84% as against Sensexs 2.97% decline.

The mid-cap low-cost airliner has an equity capital of Rs 599.45 crore. Face value per share is Rs 10.

SpiceJet and Boeing announced a deal for the purchase of up to 205 airplanes today, 13 January 2017. SpiceJet enhanced its existing order of 55 aircraft with additional 100 firm B737-8 MAX and 50 purchase rights for B737-8 MAX and wide-body aircraft. With this, the total order of 205 aircraft is valued at $22 billion or Rs 150000 crore at list prices.

This order is the biggest in SpiceJets history, ending the era of turnaround and marking the beginning of a growth story for the next decade, it said. This fleet acquisition provides SpiceJet the ability to capitalise on the robust demand forecast in the worlds fastest growing aviation market.

SpiceJet placed its first order with Boeing in 2005 for next-generation B737s and currently operates 32 next-generation B737s in its fleet and 17 Bombardier Q400s.

The new airplane will deliver 20% lower fuel use than the first next-generation B737s and the lowest operating costs in its class of 8% per seat less than its nearest competitor.

SpiceJets net profit jumped 103.1% to Rs 58.92 crore on 33.9% rise in net sales to Rs 1378.47 crore in Q2 September 2016 over Q2 September 2015.

SpiceJet is a low-cost airliner.

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Den Networks leads gainers in A group
Jan 13,2017

Den Networks jumped 7.52% to Rs 77.95 at 13:49 IST. The stock topped the gainers in the BSEs A group. On the BSE, 43,000 shares were traded on the counter so far as against the average daily volumes of 41,000 shares in the past two weeks.

SREI Infrastructure Finance surged 6.41% to Rs 87.20. The stock was the second biggest gainer in A group. On the BSE, 3.43 lakh shares were traded on the counter so far as against the average daily volumes of 1.74 lakh shares in the past two weeks.

Trent gained 6.18% at Rs 208.70. The stock was the third biggest gainer in A group. On the BSE, 1.66 lakh shares were traded on the counter so far as against the average daily volumes of 17,000 shares in the past two weeks.

Kaveri Seed Company advanced 5.34% at Rs 456.35. The stock was the fourth biggest gainer in A group. On the BSE, 1.42 lakh shares were traded on the counter so far as against the average daily volumes of 34,000 shares in the past two weeks.

Axis Bank rose 3.78% to Rs 472.40. The stock was the fifth biggest gainer in A group. On the BSE, 7.66 lakh shares were traded on the counter so far as against the average daily volumes of 3.78 lakh shares in the past two weeks.

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Goa Carbon tanks after net loss widens in Q3
Jan 13,2017

The result was announced during market hours today, 13 January 2017.

Meanwhile, the S&P BSE Sensex was down 13.31 points or 0.06% at 27,231.38.

Huge volumes were witnessed on the counter. On the BSE, 2.1 lakh shares were traded on the counter so far as against the average daily volumes of 39,347 shares in the past one quarter. The stock had hit a high of Rs 129.50 and a low of Rs 112 so far during the day. The stock had hit a 52-week high of Rs 141 on 6 October 2016 and a 52-week low of Rs 62.10 on 17 February 2016.

The stock had outperformed the market over the past one month till 12 January 2017, rising 24.83% compared with 2.76% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, dropping 3.41% as against Sensexs 2.97% decline.

The small-cap company has equity capital of Rs 9.15 crore. Face value per share is Rs 10.

Goa Carbons net total income from operations dropped 19.87% to Rs 71.95 crore in Q3 December 2016 over Q3 December 2015.

Goa Carbon said that companys board of directors approved the payment of interim dividend of Rs 1.50 per share for the year ending 31 March 2017 (FY 2017).

Goa Carbon is engaged in the business of manufacture and marketing of calcined petroleum coke.

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Infosys drops after narrowing FY 2017 dollar revenue guidance
Jan 13,2017

Meanwhile, the S&P BSE Sensex was down 27.40 points or 0.1% at 27,219.76

On BSE, 4.23 lakh shares were traded in the counter as against average daily volume of 2.29 lakh shares in the past one quarter. The stock had hit a high of Rs 1,045 and a low of Rs 964 so far during the day.

The stock had hit a record high of Rs 1,278 on 3 June 2016. The stock hit a 52-week low of Rs 900.30 on 9 November 2016. The stock had underperformed the market over the past 30 days till 12 January 2017, falling 2.66% compared with Sensexs 2.42% rise. The scrip had also underperformed the market in past one quarter, sliding 6.73% as against Sensexs 1.54% fall.

The large-cap company has equity capital of Rs 1148.47 crore. Face value per share is Rs 5.

Infosys now expects its dollar revenue to grow between 7.2% and 7.6%, down from its earlier expectation of growing between 7.5% and 8.5% in the current financial year ending 31 March 2017 (FY 2017).

The software firm has reduced its FY 2017 growth guidance in dollar terms for the third straight time in the current financial year. The company had at the beginning of FY 2017 estimated its dollar revenue to grow between 11.8 and 13.8%.

In constant currency terms, Infosys now expects revenue to grow between 8.4% and 8.8% as against its earlier estimate of growing between 8% and 9% for the full year. In constant currency terms, the company had forecast 10.5%-12% growth in revenue for FY 2017 at the time of announcing Q1 result on 15 July 2016.

Infosys consolidated net profit rose 2.8% to Rs 3708 crore on 0.2% fall in revenue to Rs 17273 crore in Q3 December 2016 over Q2 September 2016. The results are as per International Financial Reporting Standards (IFRS). The result was announced before market hours today, 13 January 2017.

Infosys consolidated net profit rose 1.5% to $547 million on 1.4% fall in revenue to $2551 million in Q3 December 2016 over Q2 September 2016. The results are as per International Financial Reporting Standards (IFRS).

Infosys said that the company has added 77 clients in Q3 December 2016, including two clients in the $75 million-plus revenue category. Liquid assets including cash and cash equivalents and investments were Rs 35697 crore as on 31 December 2016 as compared to Rs 35640 crore as on 30 September 2016 and Rs 31526 crore as on 31 December 2015.

Vishal Sikka, CEO and MD said that taking into account seasonal and other additional headwinds for the quarter, the companys Q3 revenue performance was broadly in line with its expectations. The company continues to focus sharply on the execution of strategy, as reflected in the growing embrace of AI-based automation, growth in our new software-led business, delivering innovation, both incremental & breakthrough and fostering a learning-led culture.

Infosys is one of the leading information technology outsourcing services providers. The company provides business consulting, information technology and outsourcing services.

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Volumes jump at CESC counter
Jan 13,2017

CESC reported volume of 3 lakh shares by 12:50 IST on BSE, a 13.48-times surge over two-week average daily volume of 22,000 shares. The stock rose 1.26% to Rs 673.30.

Dr Reddys Laboratories notched up volume of 2.3 lakh shares, a 12.14-fold surge over two-week average daily volume of 19,000 shares. The stock declined 0.74% to Rs 2,988.95.

Trident saw volume of 16.64 lakh shares, a 4.58-fold surge over two-week average daily volume of 3.61 lakh shares. The stock jumped 7.48% to Rs 64.70.

Kaveri Seed Company clocked volume of 1.36 lakh shares, a 3.9-fold surge over two-week average daily volume of 34,000 shares. The stock jumped 5.04% to Rs 455.05.

United Spirits saw volume of 33,000 shares, a 3.74-fold rise over two-week average daily volume of 8,778 shares. The stock rose 0.01% to Rs 1,911.

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AIA Engineering drops on profit booking
Jan 13,2017

Meanwhile, the S&P BSE Sensex was down 26.15 points or 0.1% at 27,221.01

On BSE, 10,000 shares were traded in the counter as against average daily volume of 8,977 shares in the past one quarter. The stock had hit a high of Rs 1,420 and a low of Rs 1,331 so far during the day.

The stock had hit a record high of Rs 1,436.55 yesterday, 12 January 2017. The stock had hit a 52-week low of Rs 700 on 17 February 2016. The stock had outperformed the market over the past 30 days till 12 January 2017, rising 10.17% compared with Sensexs 2.42% rise. The scrip had also outperformed the market in past one quarter, rising 9.05% as against Sensexs 1.54% fall.

The large-cap engineering company has equity capital of Rs 18.86 crore. Face value per share is Rs 2.

AIA Engineerings consolidated net profit rose 13.24% to Rs 112.35 crore on 9.5% growth in total income to Rs 556.28 crore in Q2 September 2016 over Q2 September 2015.

AIA Engineering is involved in design, manufacture, supply and services of mills internals for both vertical as well as horizontal type of mills.

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Yuken India jumps 33.8% in five sessions
Jan 13,2017

Meanwhile, the BSE Sensex was down 2.06 points, or 0.01%, to 27,245.10.

More than usual volumes were traded on the counter. On the BSE, 34,663 shares were traded in the counter so far, compared with an average volume of 3,293 shares in the past one quarter. The stock had hit a high of Rs 572 in intraday trade, which is also a record high for the stock. The stock had hit a low of Rs 544 so far during the day. The stock had hit a 52-week low of Rs 275 on 26 February 2016.

The stock had outperformed the market over the past 30 days till 12 January 2017, rising 43.15% compared with 2.76% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 12.63% as against Sensexs 2.97% decline.

The small-cap company has an equity capital of Rs 3 crore. Face value per share is Rs 10.

Shares of Yuken India jumped 33.8% in five sessions to its current ruling price of Rs 562 from a close of Rs 420 on 6 January 2017.

The market buzz is that a Mumbai-based investor and BSE member, who is frequent on business channels, has been buying the stock for the last few days.

Yuken Indias net profit rose 31.2% to Rs 0.42 crore on 11.4% rise in net sales to Rs 56.46 crore in Q2 September 2016 over Q2 September 2015.

The company will announce its Q3 results on 4 February 2017.

Yuken India is a leader in oil hydraulic equipments, which find extensive use in various automation projects and in heavy engineering sector.

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Lupin advances after launching generic pain relief tablets in US
Jan 13,2017

The announcement was made during market hours today, 13 January 2017.

Meanwhile, the S&P BSE Sensex was down 25.42 points or 0.11% at 27,217.69.

On the BSE, 42,287 shares were traded on the counter so far as against the average daily volumes of 82,696 shares in the past one quarter. The stock had hit a high of Rs 1,516.40 and a low of Rs 1,492.75 so far during the day. The stock had hit a 52-week high of Rs 1,911.55 on 9 February 2016 and a 52-week low of Rs 1,294.05 on 29 March 2016.

The stock had underperformed the market over the past 30 days till 12 January 2017, falling 0.89% compared with 2.76% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, falling 1.77% as against Sensexs 2.97% decline.

The large-cap company has equity capital of Rs 90.29 crore. Face value per share is Rs 2.

Lupin announced that it has launched its Morphine Sulfate ER Tablets 15 mg, 30 mg, 60 mg, 100 mg and 200 mg in the US after having received an approval from the United States Food and Drug Administration (USFDA) earlier to market a generic version of Purdue Pharmas MS Contin ER Tablets 15 mg, 30 mg, 60 mg, 100 mg and 200 mg.

Lupins Morphine Sulfate ER Tablets 15 mg, 30 mg, 60 mg, 100 mg and 200 mg are the AB rated generic equivalent of Purdue Pharmas MS Contin ER Tablets 15 mg, 30 mg, 60 mg, 100 mg and 200 mg.

Morphine Sulfate ER Tablets are indicated for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate.

MS Contin ER Tablets had annual US sales of $282.9 million as per the IMS MAT September 2016.

Lupins consolidated net profit rose 57.8% to Rs 662.19 crore on 31.9% rise in net sales to Rs 4211.18 crore in Q2 September 2016 over Q2 September 2015.

Lupin is an innovation led transnational pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and active pharmaceutical ingredients (APIs) globally. The company is a significant player in the cardiovascular, diabetology, asthma, pediatric, CNS, GI, anti-infective and NSAID space and holds global leadership position in the anti-TB segment.

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Mahindra Lifespace Developers gains on plan to set up new industrial park
Jan 13,2017

The announcement was made after market hours yesterday, 12 January 2017.

Meanwhile, the S&P BSE Sensex was down 56.62 points or 0.21% at 27,190.54.

On the BSE, 2,455 shares were traded on the counter so far as against the average daily volumes of 10,404 shares in the past one quarter. The stock had hit a high of Rs 371.45 and a low of Rs 360.20 so far during the day.

The stock had hit a 52-week high of Rs 497 on 28 January 2016 and a 52-week low of Rs 343.30 on 21 November 2016.

The small-cap company has equity capital of Rs 41.04 crore. Face value per share is Rs 10.

Mahindra Lifespace Developers (MLDL) signed a memorandum of understanding (MoU) with the Government of Gujarat, through a 100% subsidiary, to establish a 350-acre (approximately), multi-product industrial park near Ahmedabad. The proposed new industrial park marks Mahindra Lifespaces foray into Gujarat and is being planned to cater to non-polluting industries. The industrial park is expected to create direct and indirect employment for about 12,000 persons, when fully operational. The proposed multi-product industrial park will be developed under the aegis of Gujarat industrial Policy 2015.

Mahindra Lifespace Developers net profit rose 426.51% to Rs 32.17 crore on 9.67% decline in net sales to Rs 125.48 crore in Q2 September 2016 over Q2 September 2015.

Mahindra Lifespace Developers is the real estate development business of the Mahindra Group.

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REC edges higher after incorporating three project specific SPVs
Jan 13,2017

The announcement was made after market hours yesterday, 12 January 2017.

Meanwhile, the BSE Sensex was down 32.72 points, or 0.12%, to 27,214.44.

On the BSE, 2.2 lakh shares were traded in the counter so far, compared with average daily volume of 4.33 lakh shares in the past one quarter. The stock had hit a high of Rs 139.10 and a low of Rs 136.45 so far during the day. The stock had hit a 52-week high of Rs 140.95 on 24 October 2016. The stock had hit a 52-week low of Rs 76.25 on 24 February 2016.

The stock had outperformed the market over the past 30 days till 12 January 2017, rising 3.59% compared with 2.76% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 4.14% as against Sensexs 2.97% decline.

The large-cap company has equity capital of Rs 1974.92 crore. Face value per share is Rs 10.

Rural Electrification Corporation (REC) announced the incorporation of three project specific special purpose vehicles (SPVs) as wholly owned subsidiary companies of REC Transmission Projects Company, which are also wholly owned subsidiary companies of REC.

The names of the SPVs incorporated are WR-NR Power Transmission, ERSS XXI and Transmission Ghatampur Transmission.

Rural Electrification Corporations net profit rose 8.2% to Rs 1751.27 crore on 3.1% rise in total income to Rs 6108.55 crore in Q2 September 2016 over Q2 September 2015.

Rural Electrification Corporation (REC), a Navratna Central Public Sector Enterprise under Ministry of Power, provides financial assistance to state electricity boards, state government departments and rural electric co-operatives for rural electrification projects.

The government of India holds 60.64% stake in the company, as per the shareholding pattern as at 30 September 2016.

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Force Motors drops after issuing commercial papers
Jan 13,2017

The announcement was made after market hours yesterday, 12 January 2017.

Meanwhile, the S&P BSE Sensex was down 47.74 points or 0.18% at 27,199.42

On the BSE, 26,000 shares were traded on the counter so far as against the average daily volumes of 1.48 lakh shares in the past one quarter. The stock had hit a high of Rs 4,444 and a low of Rs 4,360 so far during the day.

The stock had hit a record high of Rs 4,839 on 27 October 2016. The stock had hit a 52-week low of Rs 2,180 on 29 February 2016. The stock had outperformed the market over the past 30 days till 12 January 2017, rising 13.26% compared with Sensexs 2.42% rise. The scrip had also outperformed the market in past one quarter, rising 1.52% as against Sensexs 1.54% fall.

The mid-cap company has equity capital of Rs 13.18 crore. Face value per share is Rs 10.

Force Motors net profit rose 17.72% to Rs 50.28 crore on 12.2% growth in net sales to Rs 841.89 crore in Q2 September 2016 over Q2 September 2015.

Force Motors is a fully, vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.

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Mastek gains after subsidiary completes acquisition of two companies
Jan 13,2017

The announcement was made before market hours today, 13 January 2017.

Meanwhile, the BSE Sensex was down 28.62 points, or 0.11%, to 27,218.54.

On the BSE, 15,000 shares were traded in the counter so far, compared with average daily volume of 57,000 shares in the past two weeks. The stock had hit a high of Rs 169.90 and a low of Rs 167 so far during the day. The stock had hit a 52-week high of Rs 185.35 on 19 December 2016. The stock had hit a 52-week low of Rs 104.70 on 17 February 2016.

Mastek said that the closing formalities in relation to the share purchase agreement for acquisition of 100% equity shares of Trans American Information Systems have been completed and consequently, Trans American Information Systems has become a wholly owned subsidiary of the company.

Further the company informed that Digility Inc., U.S., an overseas first level step down subsidiary of the company, has completed the acquisition of TaisTech LLC, USA and Trans American Information Systems Inc. USA. Pursuant to the acquisition, TaisTech LLC, USA and Trans American Information Systems Inc. USA have become wholly owned subsidiaries of Digility Inc., U.S. and consequently, they have also become step down wholly owned overseas subsidiaries of the company.

Digility Inc., the wholly owned subsidiary of Mastek UK, and a step down US based subsidiary of Mastek had announced on 5 January 2017, acquisition of US-based leading digital commerce solution provider, TAISTech.

Masteks board of directors on 12 December 2016, had accorded approval for acquiring 100% of the equity shares of Trans American Information Systems Private Limited, an IT consultancy and software services firm, subject to compliance with all applicable laws and requisite approvals, if any. The cost of acquisition was Rs 12.50 crore.

Masteks consolidated net profit rose 113.7% to Rs 7.65 crore on 3.62% decline in net sales to Rs 124.90 crore in Q2 September 2016 over Q1 June 2016.

Mastek is a publicly held leading IT player with global operations providing enterprise solutions to government, retail and financial services organizations worldwide.

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Infosys slips after declaring dull Q3 result
Jan 13,2017

The results are as per International Financial Reporting Standards (IFRS). The result was announced before market hours today, 13 January 2017.

Meanwhile, the S&P BSE Sensex was up 33.55 points or 0.12% at 27,280.71

On the BSE, so far 4.23 lakh shares were traded in the counter, compared with average daily volumes of 2.29 lakh shares in the past one quarter. The stock had hit a high of Rs 1,045 and a low of Rs 988.40 so far during the day. The stock had hit a record high of Rs 1,278 on 3 June 2016. The stock hit a 52-week low of Rs 900.30 on 9 November 2016.

The large-cap company has equity capital of Rs 1148.47 crore. Face value per share is Rs 5.

Infosys is one of the leading information technology outsourcing services providers. The company provides business consulting, information technology and outsourcing services.

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TCS drops after declaring muted Q3 result
Jan 13,2017

The result was announced after market hours yesterday, 12 January 2017. The results are as per International Financial Reporting Standards (IFRS).

Meanwhile, the S&P BSE Sensex was up 91.97 points, or 0.34%, to 27,339.13

On the BSE, so far 65,000 shares were traded in the counter, compared with average daily volumes of 95,222 shares in the past one quarter. The stock had hit a high of Rs 2,368 and a low of Rs 2,286 so far during the day.

The stock hit a 52-week high of Rs 2,740 on 12 August 2016. The stock hit a 52-week low of Rs 2,054.70 on 15 November 2016.

The large-cap IT major has equity capital of Rs 197.04 crore. Face value per share is Re 1.

TCS consolidated revenue in constant currency grew 2% in Q3 December 2016 over Q2 September 2016.

Commenting on the Q3 performance, CEO and MD, N Chandrasekaran said that the resilience of the companys business model and strength of its operating strategy has been brought to the fore by its performance in Q3, traditionally a quarter of weak demand. TCS strengths in digital, platforms and cloud as well as its deep knowledge of the customers domain are driving its ability to play a strategic role and make a holistic impact on the business.

Chandrasekaran added that to support and sustain the companys digital business that is growing at 30% on an annual basis, it continues to build new capabilities in digital technologies, empower employees to enhance agility in the workplace and invest more to develop IP-based platforms and products. Some of these products and platforms are maturing with greater customer adoption while others continue to be incubated in its innovation labs. As digital adoption increases in 2017, TCS is well prepared to lead this change.

Rajesh Gopinathan, Chief Financial Officer, said that TCS has shown great discipline and control at all levels to deliver another credible quarter. Alongside a good growth performance, the company has been able to keep profitability stable in the desired range and deliver over $1 billion in free cash flow during the quarter. Meanwhile, TCS after market hours yesterday, 12 January 2017 announced that Rajesh Gopinathan has been appointed as Chief Executive Officer (CEO) and Managing Director of the company. Gopinathan takes over from N Chandrasekaran who has been appointed as the Chairman of Tata Sons, effective 21 February 2017.

TCS is an IT services, consulting and business solutions organization. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.

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