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Tata Consultancy Services Ltd leads losers in 'A' group
LTM Ltd, Coforge Ltd, Persistent Systems Ltd and Apollo Micro Systems Ltd are among the other losers in the BSE's 'A' group today, 03 June 2026.
IT Stocks Crash: TCS, Infosys and peers wipe out over ₹1.5 lakh crore of investor wealth
IT stocks have declined up to 9% on Wednesday, June 3, after witnessing a strong upmove over the two trade sessions. The Nifty IT index is down nearly 6%, with all 10 stocks trading with losses. Cumulatively, the stocks on the Nifty IT have wiped out over ₹1.5 lakh crore in investor wealth, with TCS contributing to more than half of that fall. Five out of the 10 Nifty IT constituents, TCS, LTM, Coforge, Persistent Systems and Tech Mahindra, are trading more than 5% down.
Is SaaSpocalypse real? CLSA says maybe not and here’s why
Initial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to consumption-based models, with IT firms partnering with SaaS providers poised to benefit from implementation demand. Systems of Record are seen as less vulnerable, while AI is expected to enhance rather than replace them.
Jefferies raises Titagarh Rail target price by 23%. Check upside potential and key triggers
Titagarh Rail Systems shares rose after Jefferies increased its target price. The brokerage noted a strong quarter and improving execution. Titagarh is set to benefit from government infrastructure projects. The company expects to deliver more coaches and trains in the coming years. Margins improved significantly in the March quarter. Wagon sales saw a decline but are expected to stabilize.
Tata Advanced Systems adds military upgrades to Jaguar Land Rover vehicles: N Chandrasekaran
In the realm of automotive innovation, Tata Advanced Systems is enhancing the Jaguar Land Rover lineup with futuristic features. On a parallel track, the company is establishing a contemporary defence MRO facility in the vicinity of Bengaluru that will cater to the heavy maintenance needs of transport aircraft. TASL is also highlighting its self-developed loitering munitions and protective armoured solutions.
Concord Enviro Systems arm bags ₹16-cr order for zero liquid discharge systems
The company said the order has been awarded by a domestic entity and will be executed over a period of 28 weeks. Shares of Concord Enviro Systems Ltd ended at ₹257.30, down by ₹15.85, or 5.80%, on the BSE today, June 2.
Concord Enviro Systems arm bags Rs 16-cr order for ZLD systems
Concord Enviro Systems said that its arm, Rochem Separation Systems (India), has secured an order of Rs 16 crore from a specialized rail engineering and manufacturing company for the installation of Zero Liquid Discharge (ZLD) systems.
Provigil Surveillance receives LoA from South Western Railway
The project pertains to the Provision of CCTV at 75 Non-Interlocked Manned Level Crossing Gates over Hubli Division. The scope of work includes supply, installation, testing and commissioning of CCTV / Video Surveillance Systems, networking and telecom infrastructure, integration of monitoring systems, power backup arrangements, solar power systems, computer vision-based gate monitoring solutions and other ancillary infrastructure required for the project.
Energy stock Fujiyama Power Systems hits upper circuit following stock market rebound - Mint
Energy stock Fujiyama Power Systems hits upper circuit following stock market reboundMint
Paras Defence gains on bagging Rs 53-cr order from BEL for electro-optics supply
Paras Defence and Space Technologies added 2.77% after it has received an order from Bharat Electronics (BEL) for the supply of electro-optics systems valued at approximately Rs 52.82 crore.
Goldman just made a bunch of additions to its favorite stocks list. Here are the new names
Goldman Sachs adds Tyson Foods, Block, TPG and Casella Waste Systems to its June Conviction List, removing Ares Management, Wynn Resorts and Kontoor Brands.
'All Systems Glow': Apple Gives New Tagline To WWDC 2026 — Check Keynote Timings, How To Watch, Expectations
Apple WWDC 2026 begins June 8. Here's how to watch and what to expect.