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TCS shares rise nearly 6% after Q2 results

Tata Consultancy Services shares gained nearly 6% on Friday, a day after its Q2 earnings announcement, as investors cheered its quarterly “report card” and optimism around prioritizing growth over profitability despite the slowest growth in three years.

TCS

New Delhi, Oct. 9 -- Tata Consultancy Services (TCS) Ltd shares climbed nearly 6% on Friday, a day after the company’s second-quarter earnings announcement, as investors reacted positively to its strategy of prioritizing growth over profitability. The stock rise came after the company ended the September...