India’s TCS rises after quarterly revenue beat

July 10 (Reuters) – Shares of Tata ​Consultancy Services (TCS.NS), rose ‌3.3% in early trade ​on Friday ​after India’s top ⁠software services ​exporter beat ​quarterly revenue estimates, helped by higher ​spending ​from banking clients and ‌a ⁠weak rupee.
Analysts said steady deal wins ​and ​rising ⁠AI revenue offered ​visibility for ​a ⁠gradual earnings recovery.

Reporting by ⁠Mridula ​Kumar ​in Bengaluru; Editing ​by Mrigank Dhaniwala.

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