TCS shares rally 6% in 2 sessions after Q2 results. What are technicals indicating for the IT major?
Shares of India’s largest IT company TCS rallied another 1.5% to their day’s high of Rs 2,195 on the BSE on Monday to extend gains for a second session and rally 6% over the same period after declaring its Q2 earnings.
The company reported a 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the second quarter. The same stood at Rs 12,075 crore a year ago. The Board has declared a second interim dividend of Rs 12 per share for the financial year 2026-27.
