NSE: TCS | BSE: 532540

Falling Comet

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3444.80 54.40 (1.60%)

1.8M NSE+BSE Volume

NSE 25 Jun, 2025 3:31 PM (IST)

1,246,358.8

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.

10 Jul 2019

3444.80

1.60%

TCS

Hold: Tata Consultancy Services ...

Arihant Capital

TCS came out with mixed set of numbers in Q1FY20, revenue and EBIT margin were slightly below our as well as street estimate; however PAT for the quarter was ahead of our estimate owing to higher other income. Digital business continued to show traction, though BFSI vertical remained on a weak footing. We are positive on the stock from longer term perspective, however in the near term we see limited upside due to expensive valuation and tepid management commentary. We maintain our...

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

Tata Consultancy Services Ltd.

10 Jul 2019

3444.80

1.60%

Tata Consultancy Services

Hold: Tata Consultancy Services ...

Target

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

Tata Consultancy Services Ltd.

09 Jul 2019

3444.80

1.60%

TCS

Buy: Tata Consultancy Services ...

Target

Sharekhan

revenue growth, with 10.6% y-o-y on constant currency (CC) terms. The softer-than-expected revenue growth can be attributed to slower growth in the BFSI and communication vertical, while CC growth in lifescience and heathcare and regional markets remained strong. EBIT margin declined by 94 BPS q-o-q to 24.2%, a tad below our expectations, owing to 230 BPS q-o-q impact from both wage revision and rupee appreciation, partially offset by operational efficiencies. Digital, with an annual run rate of $7 billion+, continues to grow strong...

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

Tata Consultancy Services Ltd.

09 Jul 2019

3444.80

1.60%

Near-term less certain; medium term more reassuring

Neutral: Tata Consultancy Services ...

Target

Motilal Oswal

9 July 2019 (10.6% YoY CC in 1QFY20 on the base of 12.5% in 4QFY19) and EBIT margin contraction (-150bp QoQ/- 90bp YoY to 24.2%) were both in line with our estimates. PAT grew 10.8% YoY to INR81b, implying a 6.2% beat, helped by higher other income and lower ETR (23.4% v/s our estimate of 24.2%). Adjusted for the accounting changes toward leases (~INR1.18b), the EBIT margin would have been 23.8%, marginally below our estimate. TCS signed deals totaling USD5.7b in 1QFY20 v/s USD4.9b in 1QFY19 and USD6.

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

Tata Consultancy Services Ltd.

09 Jul 2019

3444.80

1.60%

TCS's Q1 performance was a tad weaker than our/Street estimates. CC revenue growth of 2.3...

Hold: Tata Consultancy Services ...

Target

Emkay

TCS's Q1 performance was a tad weaker than our/Street estimates. CC revenue growth of 2.3% qoq, coupled with ~90bps qoq fall in EBIT margins to 24.2%, missed expectations slightly, although net profit beat was supported by higher other income. The company indicated that Q1 was impacted by weak macros but it continues to strive for double-digit' growth in FY20E, and hopes remain pinned on a strong Q2. Mid-term confidence reflected from strong hiring and continued deal win momentum in Q1FY20. We continue to believe that FY20 is a relatively difficult growth year for the sector after the rebound through CY17 and CY18. Prefer Tier-I names over Tier-II on a relative basis....

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

Tata Consultancy Services Ltd.

25 Jun 2019, 12:00AM

3444.80

1.60%

TCS

Buy: Tata Consultancy Services ...

Sharekhan

TCS' annual report highlights key elements like differentiated strategy, expanding participation in clients' transformational spends, engagement with other stakeholders and contextual knowledge to win transformational deals. During FY2019, the outperformance in revenue growth was driven by strong growth in digital business, superior execution and higher adoption of Business 4.0 framework by its enterprise clients. TCS has aligned its strategy with Business 4.0 framework as more than 90% of its enterprise clients have adopted at...

Tata Consultancy Services Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

22 Apr 2019

3444.80

1.60%

Pick of the Week:22 Apr 2019

Buy: Tata Consultancy Services ...

Target

Axis Direct

Tata Consultancy Services Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

22 Apr 2019

3444.80

1.60%

Result Update:TCS

Buy: Tata Consultancy Services ...

Target

Axis Direct

Key Business segments showed accelerated growth; Strong client addition and higher distribution reduces dependency

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

Tata Consultancy Services Ltd.

16 Apr 2019

3444.80

1.60%

TCS

Buy: Tata Consultancy Services ...

KRChoksey

TCS delivered solid constant currency (cc) revenue growth of 12.7% yoy (+2.4% qoq) in Q4 FY19 while the USD Revenue increased 8.5% yoy to USD 5,397 mn (+2.8% qoq) in line with our expectations. In Rupee terms, top line increased 1.8% qoq to INR 38,010 Cr. (+18.5% yoy). Operating margin of 25.1% in Q4 FY19 was down 52 bps qoq (down 31 bps yoy) impacted by slightly higher direct cost as % of revenue....