TCS shares fall 2.8% after quarterly profit drops by 10%
Shares of India's largest software services provider Tata Consultancy Services (TCS) fell up to 2.8% on Friday after its quarterly profit failed to meet analysts' expectations. TCS reported â¹5,945 crore net profit in the April-June quarter, a 10% decline in comparison to the last quarter and a 5.9% decline as against the same period of the 2016-17 fiscal.