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Five Stocks To Buy Or Sell: RBL Bank, Cochin Shipyard, TCS And More | May 08, 2026
Top picks include a consensus buy on RBL Bank, alongside Cochin Shipyard, GMR Airports, and Federal Bank, with a tactical short position on TCS.
Claude's New AI-IT Services Bet: Should Infosys, TCS Be Worried? Jefferies Says Yes
The concern is not just that AI firms are becoming service providers, but that they may eventually compete directly with incumbent IT vendors for transformation budgets, enterprise relationships and new client additions.
TCS Announces Record Date For Final Dividend Of Rs 31 — Check Payout Details
The payout brings the total dividend distributed for the fiscal year to Rs 110 per share.
Mcap of 4 most valued firms surges by ₹2.20 trn, Reliance biggest winner
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 249.29 points or 0.32 per cent. "Markets ended the week with marginal gains, reflecting a volatile and range-bound trading environment amid mixed global and domestic cues," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said. However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added. While Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS) and Bajaj Finance were the gainers from the pack, HDFC Bank, State Bank of India, ICICI Bank, Larsen & Toubro, Hindustan Unilever and
TCS payouts to Tata Sons fall as acquisitions, AI push weigh on cash flows
Its latest payout of ₹28,292.1 crore in the financial year ended March 2026 was lower than the previous year’s ₹32,184.2 crore, marking the third decline in total shareholder returns over the past six years, and the fourth such fall since the company went public in 2004.
IT steady despite muted TCS growth; realty, metals, Shriram Finance offer opportunities: Khemka
Siddhartha Khemka of Motilal Oswal says IT may remain range-bound as weak growth offsets stable TCS margins, with AI gains largely passed on to clients. Still, valuations are turning attractive for long-term investors. He sees emerging opportunities in real estate after the correction, remains positive on metals as a structural demand play, and prefers Shriram Finance in financials following its recent dip. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
TCS inks MoU with ABB to strengthen strategic IT, AI, and engineering partnership
Tata Consultancy Services (TCS) has signed a memorandum of understanding (MoU) with ABB to strengthen collaboration across IT infrastructure, applications, digital and industrial AI initiatives, data centres, and other emerging technologies.
TCS partners with ABB to advance industrial AI and digital transformation
TCS signed an MoU with ABB to expand collaboration in IT infrastructure, AI, and engineering, aiming to drive innovation and operational efficiency in industrial AI and data centres. Shares of Tata Consultancy Services hit a 52-week low of ₹2,350.20 today (March 19), ending 3.20% lower at ₹2,362.80 ahead of the announcement. The stock has fallen nearly 27% YTD and over 32% over the last 12 months.
TCS partners Amadeus to drive AI-led airline retailing transformation
TCS announced a global partnership with Amadeus to modernize airline retailing. TCS will develop the Service Center User Interface for the Amadeus Nevio platform.
TCS scales up Chennai presence to 7.79 lakh sq ft with fresh OMR lease
Tata Consultancy Services is expanding its Chennai office space by 1.47 lakh sq ft at Ozone Techno Park. This move increases TCS's total rental commitment at the campus to nearly Rs 3.5 crore monthly. The expansion reinforces Chennai's importance as a key delivery hub for TCS.
TCS, HDFC Bank among 5 Sensex stocks that hit 52-week lows & slid up to 14% in a month
The Sensex plunged 1,352 points to close at 77,566 amid a broad market sell-off. Five major index stocks—TCS, InterGlobe Aviation, HDFC Bank, Trent and Asian Paints—hit 52-week lows, reflecting persistent weakness and rising investor caution.
Sensex stocks: HDFC Bank, TCS, Asian Paints, IndiGo, Trent hit 52-week lows
Ambuja Cements, DLF, Dixon, Gail, Indian Hotels, Shree Cement, REC, Tata Motors PV, Wipro, Suzlon, Coforge, and Info Edge, among the BSE 100 index, also hit their respective 52-week lows amid Iran war