Tata Consultancy Drops Most in a Year as Sales Miss Estimate

Updated on
  • Citigroup downgrades stock to sell on slowing growth concerns
  • CFO says next few quarters to be weaker than 1Q and 2Q

Shares of Tata Consultancy Services Ltd. tumbled the most in a year after Asia’s largest software exporter reported revenue that fell short of estimates.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.