NSE: TCS | BSE: 532540

Mid-range Performer

Download real time

3048.30 -47.40 (-1.53%)

Near 52W Low of ₹2991.60

3.0M NSE+BSE Volume

NSE 05 Sep, 2025 3:31 PM (IST)

1,102,901.6

Market Cap

Market Leader

0.8

Beta 1Year

Low volatility

Tata Consultancy Services Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TCS, BSE:532540 Tata Consultancy Services Ltd.

Tata Consultancy Services Ltd.

12 Apr 2019

3048.30

-1.53%

TCS

Buy: Tata Consultancy Services ...

Dolat Capital

View: Strong revenue growth outlook despite macro-economic concerns The management is confident of strong growth in FY20 despite macroeconomic challenges in the environment. The company signed TCV of USD 6.3bn during the quarter and TCV of USD 21.9bn for FY19 which gives us comfort for the growth trajectory in FY20. We expect a USD revenue growth of 9%/10% in USD terms for FY20/FY21, which factors in healthy growth in the BFSI vertical. The company maintained its aspirational margin band of 26%-28% despite visa rejection and talent shortage; we expect TCS to deliver margin towards lower end of its guidance. We...

Number of FII/FPI investors decreased from 1797 to 1728 in Jun 2025 qtr

Tata Consultancy Services Ltd.

12 Apr 2019

3048.30

-1.53%

TCS beat Street/our estimates on revenues with 2.4% CC sequential growth against expectat...

Hold: Tata Consultancy Services ...

Target

Emkay

expectations of 2.2%. EBIT margins, however, was 25.1%, down 50bps qoq vs. our expectation of 25.6%, but in line if adjusted for one-time charges toward electoral trust. Robust commentary driven by client optimism, evident from strong TCV signings of US$6.2bn up 5% qoq indicates continued business traction for TCS in FY20E. The...

Tata Consultancy Services Ltd.'s price crossed below 30Day SMA today

Tata Consultancy Services Ltd.

12 Mar 2019

3048.30

-1.53%

Transformative capabilities allowing choice of higher value

Neutral: Tata Consultancy Services ...

Motilal Oswal

While growth momentum remains intact for now, one needs to be cautious on the likelihood of the same sustaining through the course of CY19. Barring Automotives and Hi-tech, traction is sanguine in other segments of the business

Tata Consultancy Services Ltd. has lost -31.60% in the last 1 Year

Tata Consultancy Services Ltd.

16 Jan 2019

3048.30

-1.53%

Result Update:TCS

Buy: Tata Consultancy Services ...

Axis Direct

Tata Consultancy Services (TCS) the largest IT services exporter in India has witnessed strong demand in Q3FY19 across segments. Strong traction was also seen in digital space, digital space reported strong growth of 53% for Q3 FY19 on YoY basis.

Number of FII/FPI investors decreased from 1797 to 1728 in Jun 2025 qtr

Tata Consultancy Services Ltd.

16 Jan 2019

3048.30

-1.53%

Tata Consultancy Services

Results Update: Tata Consultancy Services ...

SMC online

Other income jumped 59% to Rs 1163 crore and interest cost fell 88% to Rs 16 crore. After providing for depreciation (up 2% to Rs 519 crore), PBT went up 3% to Rs 10711 crore. Provision for taxation grew 6% to Rs 2590 crore after which PAT grew 2% to Rs 8121 crore....

IDBI Capital upgraded Tata Consultancy Services Ltd. to Buy with a price target of 3450.0 on 20 Aug, 2025.

Tata Consultancy Services Ltd.

16 Jan 2019

3048.30

-1.53%

TCS LTD

Hold: Tata Consultancy Services ...

Target

Geojit BNP Paribas

Currency fluctuations weighed on dollar revenue growth TCS delivered muted performance in Q3FY19 with consolidated revenue growth of 0.7% QoQ in dollar terms due to cross-currency headwinds. However, constant currency (CC) revenue growth stood at 1.8% QoQ/12.1% YoY in an otherwise seasonally weak quarter. The CC growth YoY (the highest in 14 quarter) was driven by continued acceleration across key verticals and geographies. Vertically, the growth was powered by BFSI (8.6% YoY), retail (10.5%), Telecom (10.8%) and life-sciences (15.7%), while UK (25.1%) & Europe (18%) led growth geographically. Further sustained momentum in digital business (grew strongly...

Tata Consultancy Services Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

11 Jan 2019

3048.30

-1.53%

Tata Consultancy Services (3QFY19): Strong deal momentum. Maintain BUY

Buy: Tata Consultancy Services ...

Target

HDFC Securities

Maintain BUY with TP of Rs 2,430, at 24x Dec-20E EPS, supported by leading organic growth within tier-1 IT and >60% RoIC, >4% FCF yield & >3.5% dividend yield. TCS posted acceleration in revenue (in-line) supported by strong digital traction (53% YoY) and continued revival in BFSI. However, margins were lower on increased hiring and higher sub-contracting expense (both indicative of buoyant demand). Rev came at USD 5,250mn, 1.8/12.1% QoQ/YoY CC with digital at 30.1% of rev (USD 6.3bn rev annualised).

IDBI Capital upgraded Tata Consultancy Services Ltd. to Buy with a price target of 3450.0 on 20 Aug, 2025.

Tata Consultancy Services Ltd.

11 Jan 2019

3048.30

-1.53%

TCS - 3QFY19 Result Update

Buy: Tata Consultancy Services ...

Target

Reliance Securities

Robust TCV Growth Signals Strong Biz Momentum; Margin Disappoints Tata Consultancy Services (TCS) has reported a decent CC revenue growth of 1.8% QoQ in 3QFY19, while USD revenue came in softer-than-expected at US$5,250mn (+0.7% QoQ, below our estimate by 0.8%) owing to a higher-than-expected adverse cross-currency impact. Its TCV order bookings grew by a robust >20% QoQ to US$5.9bn (vs. US$4.9bn in 2QFY19), with bookto-bill rising strongly to 1.12x (vs. 0.94x in 2QFY19), which signals a strong traction in underlying business growth. On the flip side, its EBIT margin declined by 90bps QoQ to 25.6% (missing our estimate by 73bps) owing to higher wage cost and SG&A; expenses. Net profit rose by 2.6%...

IDBI Capital upgraded Tata Consultancy Services Ltd. to Buy with a price target of 3450.0 on 20 Aug, 2025.

Tata Consultancy Services Ltd.

11 Jan 2019

3048.30

-1.53%

Tata Consultancy Services Ltd

Neutral: Tata Consultancy Services ...

Recommendation Target

Angel Broking

TCS posted a 0.7% sequential growth in USD revenues to US$5,250mn v/s US$5,215mn in 2QFY2019. In rupee terms, revenues came in at `37,338cr V/s `36,854cr, up 1.3% QoQ. In Constant Currency (CC) terms, the company posted a 1.8% QoQ growth. On profitability front, EBIT margin showed a dip of ~90bps QoQ to 25.6%. Consequently, PAT

Tata Consultancy Services Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

11 Jan 2019

3048.30

-1.53%

Tata Consultancy Services: Q3FY19 Result Review

Accumulate: Tata Consultancy Services ...

Target

IDBI Capital

We largely maintain our FY19E/20E revenue (in US$) and tweak EPS forecast by -1.0%/1.7% (FX of Rs70 for Q4FY19 and FY20). We maintain ACCUMULATE with new TP of Rs2,084 (vs. Rs2,121 earlier) based on 22x FY20E. Q3FY19 CC revenue growth of 1.8%/12.1% QoQ/YoY despite seasonal weakness Both QoQ CC growth and US$ growth of 0.7% was in-line with our forecast. While smaller verticals like Life Sciences & Healthcare (7.6% of revenue; +15.7% YoY in CC) and Energy & utilities (4.7% of revenue; +18.1% YoY) grew faster, larger verticals like Retail & CPG (16.5% of revenue; +10.5% YoY) also saw good growth. Importantly, BFSI (30.8% of revenue) saw improvement in growth to +8.6% YoY....

Number of FII/FPI investors decreased from 1797 to 1728 in Jun 2025 qtr

Is Tata Consultancy Services Ltd. worth buying?

2436 Votes:

Buy 73.19%

Sell 13.88%

Hold 12.93%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf