India's TCS up for second session after results, expanded partnership with ABB

Abb

13/07/2026 07:26

Updates
** India's Tata Consultancy Services TCS.NS rises for second session, extending gains after Q1 results
** Shares up 5.2% at 2,177 rupees

    ** Co on Monday 
    said
     it expanded its partnership with Zurich-headquartered electrification and automation company ABB ABBN.S in multi-million, multi-year deal to transform global network operations with AI
  
** Co on Thursday beat quarterly revenue estimates on higher spending from banking clients and a weaker rupee
** IT firm also announced leadership changes and creation of new business units on Sunday
** Appointments include Ramakrishna Mohan Veeturi as Business Head - BSFI Americas and Arun Pradeep Surendra Mohan as Business Head – Travel, Transport & Hospitality 
** Stock rated "Buy" by 43 analysts; median PT at 2,408 rupees - LSEG-compiled data
** Day's gains trim stock's year-to-date losses to 31.1%
     

 (Reporting by Mridula Kumar and Abhirami G in Bengaluru)
 ((Mridula.Kumar@thomsonreuters.com;))