NSE: TCS | BSE: 532540

Falling Comet

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3393.60 -42.10 (-1.23%)

26.10% Fall from 52W High

3.3M NSE+BSE Volume

NSE 23 Jun, 2025 3:31 PM (IST)

1,227,834.2

Market Cap

Market Leader

0.9

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.

20 Dec 2019

3393.60

-1.23%

TCS

Hold: Tata Consultancy Services ...

Recommendation Target

Sharekhan

We recently met the management of TCS to understand the demand environment (especially BFSI, retail and manufacturing), conversion of backlog into revenue and margin outlook. Management cited that growth of both BFSI and retail verticals (together account for 46% of total revenue) would further moderate in Q3FY2020E owing to continued weak spending in the capital markets segment in the U.S. and large banks in Europe and delay in deal closures in the retail space due to slowdown in decision making. Management also expects higher impact of furloughs, lower...

Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr

Tata Consultancy Services Ltd.

20 Dec 2019

3393.60

-1.23%

TCS

Hold: Tata Consultancy Services ...

Recommendation Target

Sharekhan

Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr

Tata Consultancy Services Ltd.

17 Dec 2019

3393.60

-1.23%

Management Meet Update

Hold: Tata Consultancy Services ...

Target

Prabhudas Lilladhar

& capital markets segments in US. Maintain Hold rating. We met Tata Consultancy Services' (TCS) management to understand the demand environment & to get an update on business outlook. Management mentioned that softness in BFSI & retail will persist in Q3FY20E also & it will be aggravated by impact of higher furloughs. Deal wins remain healthy (signed deals worth US$12.1bn in H1FY20) but revenue momentum has decelerated in H1FY20. BFSI & Retail contributes to 46% of the total revenues...

Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr

Tata Consultancy Services Ltd.

25 Oct 2019

3393.60

-1.23%

Result Update:TCS

Hold: Tata Consultancy Services ...

Axis Direct

Tata Consultancy Services (TCS) largest IT exporter in India has witnessed strong demand but reported sluggish growth in revenue terms and in operating margins, TCS reported sluggish growth of 2.1% for Q2 FY20 on QoQ basis in constant currency terms

Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr

Tata Consultancy Services Ltd.

16 Oct 2019

3393.60

-1.23%

TCS LTD

Hold: Tata Consultancy Services ...

Target

Geojit BNP Paribas

Q2 numbers fall short of Street expectations Tata Consultancy Services (TCS) provides a comprehensive range of IT services globally. The company serves clients across diverse industries, including finance and banking, insurance, telecommunication,...

Tata Consultancy Ser.. has an average target of 4063.82 from 11 brokers.

Tata Consultancy Services Ltd.

14 Oct 2019

3393.60

-1.23%

TCS

Results Update: Tata Consultancy Services ...

SMC online

Tata Consultancy Services (TCS) for the quarter ended Sep 2019 reported an early single digit growth of 2% in consolidated revenue to Rs 38977 crore compared to sequential previous quarter ended June 2019. As OPM contracted marginally by 10 bps to 26.2% from 26.3% in sequential previous quarter the operating profit was up by 2% to Rs 10225 crore. Hit further by lower other income and higher depreciation, the PBT was down by 1% qoq to Rs 10529 crore. Eventually the PAT was down by 1% to Rs 8058 crore compared to Rs 8153 crore in sequential previous quarter ended June 2019. After accounting for lower minority interest (down 27% qoq to Rs 16 crore) the net profit was down by 1% to Rs 8042 crore....

Tata Consultancy Ser.. has an average target of 4063.82 from 11 brokers.

Tata Consultancy Services Ltd.

11 Oct 2019

3393.60

-1.23%

Tata Consultancy Services (2QFY20): Growth vectors at risk. Downgrade to NEUTRAL

Neutral: Tata Consultancy Services ...

Recommendation Target

HDFC Securities

TCS' trinity of growth', scale and durability is challenged and we find our conviction displaced. While multiple attributes of scale/durability (offshore-leverage in digital, attrition) remain intact, the impact of macros and client specifics across core verticals dent the growth outlook. We expect USD rev/EPS CAGR of 8.2/7.7% over FY19-22E, factoring USD rev growth of 6.3/9.0/9.4% for FY20/21/22E. In its downward drift however, strong payout policy (80-100% of FCF) and industry-leading margins/RoIC offer respite to valuations. We downgrade TCS to NEUTRAL (BUY earlier) and strike it off our list of conviction picks following ~4% EPS cut and a weak growth trajectory (core verticals/ deceleration in digital). Our TP is Rs 1,975 at 20x Sep-21E (24x earlier).

Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr

Tata Consultancy Services Ltd.

11 Oct 2019

3393.60

-1.23%

TCS (ADD): Disappoints for second consecutive quarter

Buy: Tata Consultancy Services ...

Target

BOB Capital Markets Ltd.

TCS reported a dull Q2FY20 operating performance with both revenues (+1.6% QoQ CC) and EBIT margins (flat at 24%) disappointing for the second straight quarter.

Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr

Tata Consultancy Services Ltd.

11 Oct 2019

3393.60

-1.23%

TCS - 2QFY20 Result Update

Tata Consultancy Services ...

Reliance Securities

Number of FII/FPI investors decreased from 1828 to 1797 in Mar 2025 qtr

Tata Consultancy Services Ltd.

11 Oct 2019

3393.60

-1.23%

Operational blip, outlook muted

Neutral: Tata Consultancy Services ...

Target

Motilal Oswal

Revenue growth in both BFSI (8% YoY CC) and Retail (4.8% YoY CC) decelerated by 120bp+ compared to the previous quarter. BFSI growth decelerated to 8.0% YoY CC from 9.2% in the previous quarter, led by pockets of weakness in the large banks in Europe and capital markets in the US. Margin weakness was due to currency pressure, lower revenue growth and highest headcount addition in the quarter. Given the uncertain outlook on the major verticals (BFSI/Retail), combined with the operational blip in a seasonally strong quarter, we expect USD revenue growth to taper off by 170bp/40bp in FY20/21. TCS 2QFY20 EBIT margin shrank 250bp QoQ to 24% - the contraction is largely led by a dip in utilization and no benefits from currency which the company had anticipated.

Tata Consultancy Services Ltd. is trading below all available SMAs

Is Tata Consultancy Services Ltd. worth buying?

2317 Votes:

Buy 72.81%

Sell 14.11%

Hold 13.08%

RESEARCH REPORTS

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