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TCS stock has tumbled despite of Q3 revenue figures declaration as the stock has not fulfilled market expectations. The stock offered mixed things at the same time at 3QFY19. The stock offered tepid margin at EBIT head. The accelerated margins of other income has aided the PAT to be in line with the estimates but robust hiring as well as acquisitions may have resulted in higher direct costs and SG&A costs also. NIVEZA India Equity Research

7.03 PM Jan 11th
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