TCS Q3 results fail to lift share prices. Here's what brokerages say

TCS's Q3 revenue growth of 19.1% YoY at Rs 58,229 crore surpassed analyst estimates. Global brokerage firm Jefferies said while TCS delivered healthy growth during the quarter, falling headcount and book-to-bill ratio points to sharp growth moderation in FY24.

TCS Q3 results fail to lift share prices. Here's what brokerages say
TCS's Q3 revenue growth of 19.1% YoY at Rs 58,229 crore surpassed analyst estimates. Global brokerage firm Jefferies said while TCS delivered healthy growth during the quarter, falling headcount and book-to-bill ratio points to sharp growth moderation in FY24.