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.

27 Mar 2018

3620.40

5.24%

We maintain Tata Consultancy Services (TCS) as our preferred pick among the Tier-I IT Ser...

Accumulate: Tata Consultancy Services ...

Emkay

View: We maintain Tata Consultancy Services (TCS) as our preferred pick among the Tier-I IT Services companies. Given the recent run-up in Technology stocks, we believe that the valuations are now stretched for certain companies as we do not see a meaningful fundamental recovery in growth prospects for FY19. We continue to remain selective in our approach and maintain TCS as our preferred pick among Tier-I IT Services plays. In our opinion, the recent rally offers a good opportunity to exit some of the names such as Infosys, as its discount to TCS would widen further from the current level of 10% to the ideal range of...

Tata Consultancy Services Ltd. is trading below its 100 day SMA of 3798.0

Tata Consultancy Services Ltd.

19 Jan 2018

3620.40

5.24%

Tata Consultancy Services Ltd Q3FY18 results comment

Results Update: Tata Consultancy Services ...

HDFC Securities

Tata Consultancy Services Ltd Q3FY18 results comment Revenue rose by 1.19% to Rs. 30904.0 Cr in Q3FY18 when compared to the previous quarter

Tata Consultancy Ser.. has an average target of 4122.91 from 11 brokers.

Tata Consultancy Services Ltd.

17 Jan 2018

3620.40

5.24%

Result Update:TCS

Buy: Tata Consultancy Services ...

Axis Direct

Q3FY18 operating performance was a marginal miss on revenue and margin fronts. Revenue growth at 1% QoQ in USD terms was a narrow miss to street/ our expectations. Growth was driven by strong momentum in Retail (up 6% QoQ) and Energy & Utilities (up 8.5%).

Tata Consultancy Ser.. has an average target of 4122.91 from 11 brokers.

Tata Consultancy Services Ltd.

16 Jan 2018

3620.40

5.24%

Tata Consultancy Services

Results Update: Tata Consultancy Services ...

SMC online

TCS registered 4% rise in consolidated sales to Rs 30904 crore for the quarter ended December 2017. Constant Currency revenue grew 6.2% Y-o-Y and 1.3% Q-o-Q. The company saw strongest Volume growth for Dec. qtr in 3 years. OPM fell 90 basis points from 27.7% to 26.8% which saw OP rise 1% to Rs 8287 crore. Other income fell 27% to Rs 870 crore and interest cost fell 14% to Rs 6 crore. After providing for depreciation (up 2% to Rs 506 crore), PBT went down 3% to Rs 8645 crore. Provision for taxation remained same at Rs 2100 crore after which PAT fell 4% to Rs 6545 crore. Minority interest (MI) fell 61% to Rs 14 crore. Thus net profit went down 4% to Rs 6531 crore....

Tata Consultancy Services Ltd. is trading below its 100 day SMA of 3798.0

Tata Consultancy Services Ltd.

15 Jan 2018

3620.40

5.24%

Result Updates

Sell: Tata Consultancy Services ...

Recommendation Target

Angel Broking

TCS posted a 1.0% sequential growth in USD revenues to US$4,787mn v/s US$4,801mn expected. In rupee terms, revenues came in at `30,904cr V/s `31,049cr, up 1.2% QoQ. In Constant Currency (CC) terms, the company posted a 1.3% QoQ growth with volume growth coming in at 1.6% QoQ (highest growth in three years for the December quarter). On pro..

Tata Consultancy Services Ltd. is trading below its 100 day SMA of 3798.0

Tata Consultancy Services Ltd.

12 Jan 2018, 09:04AM

3620.40

5.24%

Tata Consultancy Services (3QFY18): Mixed bag. Maintain NEUTRAL

Neutral: Tata Consultancy Services ...

HDFC Securities

Maintain NEUTRAL with TP of Rs 2,705, 17x FY20E EPS (Dec-19E earlier). TCS posted in-line quarter with revenue growth at 1.3% QoQ CC and flat EBIT margin of 25.2%, +10bps QoQ. Key positives for the quarter were (1) Strong digital (22.1% of rev) performance with digital crossing USD 1bn quarterly revenue mark and a large digital deal win, (2) Rebound in the Retail & CPG vertical (12.5% of rev) which grew 6.4% QoQ (following three declining qtrs out of the prior six), and (3) Large deal wins (Transamerica, Nielsen) and steady client metrics.

Tata Consultancy Services Ltd. is trading below its 100 day SMA of 3798.0

Tata Consultancy Services Ltd.

12 Jan 2018, 12:00AM

3620.40

5.24%

Tata Consultancy Services

Hold: Tata Consultancy Services ...

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research US$ revenues grew 1% QoQ to $4,787 million, marginally below our 1.5% QoQ growth and $4,811.4 million estimate. Constant currency revenues grew 1.3% QoQ led by volume growth (1.6% QoQ) Rupee revenues grew 1.2% QoQ to | 30,904 crore, below our estimate of 1.9% growth to | 31,135 crore At 25.2%, EBIT margins expanded 10 bps QoQ and were in line with our 25.2% estimate mainly on account of lower SG&A; (16.7% as a...

Tata Consultancy Services Ltd. is trading above its 50 day SMA of 3485.4

Tata Consultancy Services Ltd.

12 Jan 2018, 12:00AM

3620.40

5.24%

TCS - 3QFY18 Result Update

Hold: Tata Consultancy Services ...

Reliance Securities

BFSI Continues to Witness Headwinds; Retail Outperforms Tata Consultancy Services (TCS) has reported an in-line performance in 3QFY18, with its USD revenue growing by 1% QoQ (1.3% in CC terms). While volume grew by 1.6% QoQ, CC pricing marginally declined by 0.3% QoQ. Led by operational efficiency in a seasonally weak quarter, its EBIT margin rose by 10bps QoQ. Net profit rose by 1.3% QoQ to Rs65.3bn. From vertical perspective, revenue from the key BFSI vertical that continues to witness headwinds declined by 1.7% QoQ. However, on a positive note, the Retail vertical staged a strong recovery, with revenue growing by 6.1% QoQ. Notably, the Management expects this vertical to clock...

Tata Consultancy Ser.. has an average target of 4122.91 from 11 brokers.

Tata Consultancy Services Ltd.

12 Jan 2018, 12:00AM

3620.40

5.24%

Result Review of Tata Consultancy Services

Accumulate: Tata Consultancy Services ...

IDBI Capital

Digital solutions saw a massive 39.6%% YoY and 13.9% QoQ growth. TCS confirmed that it is seeing larger deals in Digital solutions. Out of the 11 large deals secured in Q3FY18, at least 50% are business transformation deals. We increase our FY19 revenue forecast by 1.5%. We introduce FY20 financials and forecast revenue (in US$) to grow at a CAGR of 11.2% over FY18-20 post an 8.1% growth in FY18. We forecast EPS to grow at a CAGR of 13.2% over FY18-20E. We upgrade TCS to ACCUMULATE with a new street-high TP of Rs3,102 based on PER of...

Geojit BNP Paribas decreased Buy price target of Tata Consultancy Services Ltd. to 3671.0 on 23 Apr, 2025.

Tata Consultancy Services Ltd.

12 Jan 2018, 12:00AM

3620.40

5.24%

TCS

Hold: Tata Consultancy Services ...

KRChoksey

In dollar terms, Net Sales in Q3 FY18 stood at $4,787 Mn which was below our estimates of $4,816 Mn and reported a growth of 1.0% qoq and 9.1% yoy By Geography: Continental Europe led the growth figures with a 1.8% qoq growth, followed by UK at 1.7% qoq and Americas at 1.2% qoq. India has seen a bounce back of 1% after a significant decline of 7% in the 2QFY18 . By Industry: Retail & Distribution led the pack with a growth of 6.1% qoq growth, followed by Energies and Utilities at 8.2% qoq growth and Life Sciences and Healthcare at 2.4% qoq growth....

Geojit BNP Paribas decreased Buy price target of Tata Consultancy Services Ltd. to 3671.0 on 23 Apr, 2025.

Is Tata Consultancy Services Ltd. worth buying?

2295 Votes:

Buy 72.77%

Sell 14.16%

Hold 13.07%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf