Why tcs Is Trending Today?

Tata Consultancy Services (TCS) faces a challenging quarter, with a 3% revenue drop, its first in over four years, leading to a 2.5% share price decline. The company has made AI mandatory for employees, resulting in job cuts of over 2,000, while salary hikes remain uncertain despite a Rs 12,760 crore profit. TCS's performance has negatively impacted the broader market, with the Sensex and Nifty indices falling by nearly 1%.

**Tata Consultancy Services (TCS) Declares ₹11 Per Share Interim Dividend; Q1 Net Profit Up 6% YoY to ₹12,760 Crore Despite Revenue Fall and Higher Attrition**