TCS shares rose for a second straight session on Monday after the IT major reported a 5% YoY rise in Q1 FY27 net profit and announced an interim dividend of Rs 12 per share. Brokerages remain divided, with target prices implying both downside risk and upside potential of up to 45%.

TCS shares rise 1% after strong Q1 earnings and optimistic demand outlook, boosting market valuation by ₹7,706 crore.

Happy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in todays ETtech Morning Dispatch.