Tata Consultancy Services: Outlook Continues to Be Positive, Backed By Execution Prowess
We recommend a HOLD rating on the stock and assign a 30x P/E multiple to its FY24E earnings of Rs 135.2/share to arrive at a TP of Rs 4,110/share,...
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Growth optimism intact, but near term hiccups limit upside
In line CC growth, but miss on USD revenue and margin: TCS reported an in line revenue growth of 4% QoQ CC in 2QFY22. However, USD revenue growth...
265 Views
HSIE Results Daily: Tata Consultancy Services
Our target price of INR 4,180 is based on 32x Dec-23E EPS with EPS CAGR of 14% over FY21-24E. Tata Consultancy Services: We maintain ADD on TCS...
266 Views
Tata Consultancy Services: Results Below Expectations but Retain the Guidance
We assign a 28x P/E multiple to its FY23E earnings of Rs 127.7/share to arrive at a TP of Rs 3,560/share, implying an upside of 9% from CMP.
232 Views
HSIE Results Daily: Tata Consultancy Services
Our target price of INR 3,650 is based on 30x Jun-23E EPS with EPS CAGR at 14% over FY21-24E. Tata Consultancy Services: We maintain ADD on TCS,...
186 Views