Most brokerages bullish on TCS post Q3; CLSA upgrades to ‘Outperform’

Most global as well as domestic brokerages are upbeat on India’s largest IT services provider, Tata Consultancy Services (TCS), following its performance during the December quarter of FY25, when it missed Street estimates.

On the bourses, TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55. In comparison, the Sensex closed 0.31 per cent lower at 77,378.91 levels.