TCS stock plummets after disappointing Q2 results fail to meet market expectations

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TCS shares decline 2.3% to ₹4,132; year-to-date gain lags behind Nifty 50

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TCS's India market drives performance with 21% QoQ surge, UK and Europe show modest growth

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Nuvama cuts TCS FY25E and FY26E EPS estimates by 4.9% and 3.9%

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Nuvama revises TCS stock target price to ₹5,100, indicating a 22% potential downside

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TCS revenue from operations increases 2.6% to ₹64,259 crore, below expectations

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TCS operating margin declines to 24.1% in September quarter

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TCS declares an interim dividend of ₹10 per share during the quarter

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TCS trading at P/E ratios of 29.9, 26.9, and 24.4 for FY25E, FY26E, and FY27E

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