TCS shares fall over 2 pc after Q2 earnings fail to impress investors

Shares of Tata Consultancy Services (TCS) declined over 2 per cent on Friday after the country’s largest IT firm September quarter earnings failed to cheer investors.

The stock of the company fell 2.35 per cent to trade at Rs 4,128.80 apiece on the BSE.

On the National Stock Exchange (NSE), shares of TCS slipped 2.30 per cent to Rs 4,130.05 apiece.

The company’s market capitalisation (mcap) was wiped out by Rs 36,036.16 crore to Rs 14,93,835.97 crore.

It emerged as the biggest laggard among the BSE Sensex and NSE Nifty firms.