Research Reports published by SHAREKHAN

Name: Latest research reports of Tata Consultancy Services Ltd. authored by Sharekhan and published by - Trendlyne research reports.
Item: Tata Consultancy Services Ltd.
Rating: 5
Author: Sharekhan

Latest research reports published by Sharekhan

Tata Consultancy Services Ltd.

10 Apr 2025

3248.20

0.52%

Subdued Q4, Valuation turns reasonable

Buy: Tata Consultancy Services ...

Target

Sharekhan

TCS Q4FY25 reported revneue stood at $7,465 million, down 1% q-o-q/up 1.4% y-o-y, missing our estimate of $7,501 million. Revenue growth in constant currency (CC) terms stood at 2.5% y-o-y. Revenue in rupee terms stood at Rs. 64,479 crore, up 0.8% q-o-q/5.3% y-o-y.

Tata Consultancy Services Ltd. is trading below all available SMAs

Affle (India) Ltd.

08 Apr 2025

1541.40

2.65%

Leveraging AI for the next phase of growth

Buy: Affle (India) Ltd.

Sharekhan

We attended Affle’s 3i Summit where its management highlighted its plan to be future ready with 10x growth vision and plan. The company highlighted that it has grown over 10x since 2018 and aims to achieve 10x growth through its credible vision and plan.

Number of FII/FPI investors decreased from 190 to 184 in Mar 2025 qtr

Power Grid Corporation of India Ltd.

01 Apr 2025

304.55

0.15%

Good order wins and capex outlook

Buy: Power Grid Corporation of ...

Target

Sharekhan

Power Grid has won 11 TBCB projects after the Q3FY25 results and the company maintains a strong win ratio (>50%) in its projects. The company is on track for a large capex of Rs. ~3.3 lakh crore till FY32 because of the strong renewable energy capacity addition in India.

Sharekhan decreased Buy price target of Power Grid Corporation of India Ltd. to 350.0 on 01 Apr, 2025.

UltraTech Cement Ltd.

28 Mar 2025

11719.00

1.88%

Strategic plans for market leadership

Buy: UltraTech Cement Ltd.

Sharekhan

The cement sector is increasingly consolidating, enabling companies to expand geographically, secure vital limestone reserves, and achieve economies of scale. Acquisitions are allowing market leaders to scale up quickly and strengthen their competitive positions.

Number of MF schemes increased from 106 to 113 in Dec 2024 qtr.

Affle (India) Ltd.

26 Mar 2025

1541.40

2.65%

On a strong footing

Buy: Affle (India) Ltd.

Sharekhan

Management expects over 20% growth in FY25 and is confident of sustaining this momentum, driven by strong 9MFY25 performance, favourable industry trends, and broad-based growth across verticals and markets.

Affle (India) Ltd. is trading below its 100 day SMA of 1596.9

Kotak Mahindra Bank Ltd.

26 Mar 2025

2120.20

0.43%

Improving Outlook, reiterate buy

Buy: Kotak Mahindra Bank Ltd.

Target

Sharekhan

The bank is reasonably confident to deliver loan growth of 1.5-2.0x the nominal GDP growth and sustain RoA over ~2% in the near to medium term.

Kotak Mahindra Bank Ltd. has gained 21.11% in the last 3 Months

Bajaj Finance Ltd.

21 Mar 2025

9141.00

2.46%

Leadership continuity, steady outlook bode well

Buy: Bajaj Finance Ltd.

Target

Sharekhan

Bajaj Finance’s board has promoted Mr. Rajeev Jain (MD & CEO) to as vice chairman, in the capacity of an executive director for three years with effect from 1 April 2025. Besides, Mr Anup Saha (deputy MD) has been promoted as MD.

Bajaj Finance Ltd. is trading above all available SMAs

Mastek Ltd.

21 Mar 2025

2335.40

6.34%

Growth momentum to continue amid merger challenges

Buy: Mastek Ltd.

Sharekhan

We participated in a conference call organised by Mastek’s management to address the concerns stemming from the abolishment of NHS England on account of its merger with the Department of Health and Social Care (DHSC).