Economy
TCS Declares Second Interim Dividend of ₹12 as Shares Surge Nearly 4%
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THE BRIEF
1
Tata Consultancy Services announced its second interim dividend of ₹12 per share for FY27, representing 1200% of the Re 1 face value, following Q2 results.
2
The board fixed Wednesday, October 14, as the record date, requiring investors to own the stock by Tuesday, October 13, to be eligible for the payout on October 30.
3
TCS shares surged 3.76% during Friday's trading session to ₹2,153.3 on the BSE, backed by a market capitalization of ₹7,79,082.79 crore.