3227.4000 21.20 (0.66%)
NSE Jan 01, 2026 15:31 PM
Volume: 1.3M
 

3227.40
0.66%
Prabhudas Lilladhar
outlook, evident through weak Q1 deal TCV in BFS. We expect FY26 international growth largely to be flat CC, which translates to an ask-rate of ~0.6% CQGR, while we expect the BSNL add-on will support the growth in Q2/Q3 before it sees further ramp-down in Q4. On the margins, utilization and rationalizing employee pyramid are the major levers, however the low-margin add-on BSNL deal would continue to weigh on FY26 margins. We are adjusting our revenue estimates for the quarterly miss while keeping our margins broadly unchanged. We expect CC revenue to decline by 1.4% in FY26E followed by a...
Axis Direct released a Buy report for Tata Consultancy Services Ltd. with a price target of 3565.0 on 18 Dec, 2025.
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