Mumbai/IBNS, July 10 -- Shares of Tata Consultancy Services (TCS) surged more than 4 percent in early trading on Friday after the IT major reported a strong start to the financial year 2027, boosting investor sentiment.

The rally came a day after the company reported continued business growth and announced multiple AI transformation deal wins, reinforcing optimism around its growth prospects for FY27.

Aarthi Subramanian, Executive Director - President and Chief Operating Officer, said, "Q1 was characterized by strong growth across several services. We won multiple AI-led transformation deals with our dual commitment to AI-led optimization as well as innovation-led outcomes.

"These wins validate our approach to AI-led efficient ITOps, a...