TCS falls over 1% after S&P revises outlook
By
Biju Kumar
Shares of Tata Consultancy Services (TCS NSE 1.13 %) on Wednesday declined over 1 per cent after S&P Global Ratings said the company is likely to face slower growth in revenue and profitability over the next 12-18 months, given subdued global IT spending.
The stock dipped 1.12 to Rs 2,217.05 on the BSE.
On the NSE, it fell 1.16 per cent to Rs 2,216.45.