India's TCS jumps 4% in pre-open trade on signs of demand revival
ReutersJan 10, 2025 3:44 AM
Jan 10 (Reuters) - Shares of India's top software services exporter Tata Consultancy Services TCS.NS jumped 4% in pre-open trade on Friday, as investors cheered its assessment that there are early signs of a demand revival.
TCS CEO K Krithivasan told reporters in a post-earnings press conference on Thursday that the company was seeing more confidence in discretionary programmes in the coming years.
Kritivasan's comments overshadowed a weak performance in North American revenue for the fifth straight quarter.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Varun H K)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
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