Tata Consultancy Services shares advanced after the company reported quarterly revenue and profit ahead of consensus estimates, with stable large-deal signings and improving discretionary pipelines. Management highlighted traction in AI-enabled application modernization, cloud cost optimization, and data platform programs across financial services, retail, and manufacturing clients. Operating margin expanded on utilization gains and productivity initiatives. While macro caution persists in Europe, deal conversions and pricing discipline underpinned guidance stability. Investors welcomed resilient bookings and improving demand visibility into calendar-year close, rotating toward quality IT services exposure. Peers tracked the move with selective outperformance in mid-tier names.