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The Economic Times
The Economic Times
Business
Debaroti Adhikary

TCS shares rally 6% after multi-million ABB AI deal, Q1 earnings. What’s next?

TCS Co Citi Morgan Stanley

Shares of Tata Consultancy Services (TCS) soared around 6% on Monday after the company announced a multi-million, multi-year deal with ABB to transform global network operations with artificial intelligence.

The stock climbed to an intraday high of Rs 2,199.90, extending gains for a second consecutive session following the IT major's better-than-expected June quarter earnings, announced last week.

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