TCS shares surge more than 5% as Q2 growth and accelerating AI revenue lift investor sentiment

Tata Consultancy Services (TCS) shares surged more than 5%, trading at ₹2,149.10 in early trading, while AI-related revenue rose nearly 20% quarter on quarter to $3.1 billion. Growth in international business during the July–September quarter also lifted investor sentiment. The U.S. government had previously suspended several IT services companies, including TCS, from participating in the PERM labor certification program.