3110.0000 60.60 (1.99%)
NSE Sep 10, 2025 15:59 PM
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Tata Consultancy Services Ltd.
10 Jul 2019, 12:00AM
3110.00
1.99%
ICICI Securities Limited
Uphill task to achieve double digit revenue growth in FY20E The growth in banking & financial services tapered mainly due to weakness in capital markets and European banks. This trend is expected to continue, which will be a key dragger for revenue growth in the near term. In addition, 8.1% QoQ dip in deal TCV at US$5.7 billion does not augur well for the revenue growth trajectory. Further, a weak revenue performance in a seasonally strong Q1 will make it an uphill task for the company to achieve double digit growth rate in FY20E. To achieve double digit growth in FY20E,...
Tata Consultancy Services Ltd. is trading below its 50 day SMA of 3155.7
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