TCS shares climbed more than 4 per cent after the company reported a rise in June-quarter profit and expressed optimism about demand improving in the current quarter. The earnings also lifted other IT stocks and supported a broader market rally
TCS reported a 12.22 per cent rise in Q4 net profit to Rs 13,718 crore, driven by margin expansion and steady revenue growth. The company added over 2,300 employees, marking a turnaround in hiring after two consecutive quarters of decline
