3620.4000 180.10 (5.24%)
NSE May 12, 2025 15:31 PM
Volume: 2.2M
 

3620.40
5.24%
IDBI Capital
TCS expects the worst to be over for Retail & CPG vertical (11.9% of revenue). As regards BFSI vertical (33% of revenue), Insurance is expected to pick-up in H2FY18 and BFS in Europe would continue to grow. However, BFS in the US remains uncertain and TCS expects clarity by end-Q3FY18 as regards CY18 IT spends. We largely maintain our forecast of revenue (US$)/EPS CAGR of 8.7%/7.4% over FY17-19E. We maintain HOLD and TP of Rs2,462 based on PER of 16x FY19E. Key Highlights and Investment Rationale Q2FY18 revenue growth of 1.7% QoQ in CC and 3.3% QoQ in US$...
Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr
More from Tata Consultancy Services Ltd.
Recommended