TCS
Expert says TCS is BUY, pegs short-term target price at Rs 3300 and stop-loss under Rs 3100
Thu, Apr 15, 2021
TCS share price today is Rs 3178, up Rs 74 or 2.4%. TCS share price has moved down from 3293 to Rs 3178 in the last 1 week. Technical Analyst Simi Bhaumik says that TCS should be bought for short term, the target price on TCS is Rs 3300 and the stop-loss is below Rs 3100. TCS share price is one of the leading companies on the Nifty today
More >
TCS emphasizes on providing technological solutions to its customers: V Ramakrishnan, CFO
Wed, Apr 14, 2021
V Ramakrishnan (Ramki), Chief Financial Officer (CFO) and Milind Lakkad, Chief Human Resources Officer (CHRO) at Tata Consultancy Services (TCS) talk about Q4FY21 numbers, hiring, attrition rate, deal wins and final dividend for FY21 among others during an exclusive interview with Swati Khandelwal, Zee Business.
More >
TCS Share price down over 4%, turns TOP LOSER ON NIFTY as Q4 numbers disappoint
Tue, Apr 13, 2021
Global IT services, consulting and business solutions provider revealed its quarterly results yesterday and today, its share price fell to Rs 3115, down by Rs 131 or 4%. While the TCS results were good, they came in below expectations on some aspects. Sharekhan says that TCS impressed by reporting stellar revenue growth for the last three consecutive quarters, led by strong demand for core transformation services, market share gains and large deal ramp-ups
More >
TCS, Infosys, MindTree – Ahead of TCS result what to do with this stock? Profit booking seen in Infosys, Mindtree
Mon, Apr 12, 2021
TCS Shares – TCS shares were trading at Rs 3274. 95 on the NSE around this time, going down by almost Rs 47 or 1.4 per cent from the previous closing price of Friday. Analyst Nilesh Jain says that the results are expected to be good and as per the market expectations. TCS stock has had a good run and the price movements with respect to the earnings results have already been discounted
More >
TCS, Infosys, and Wipro: Trading strategies - Know Target price and stop-loss
Mon, Apr 12, 2021
Q4 FY21 result season will begin with TCS, the leader in the IT sector, declaring its results today. Infosys and Wipro will follow TCS later this week. TCS will set the tone for the IT sector. Many Analysts believe there could be defensive buying in the IT Sector if the market sees sharp fall due to Covid concerns resurfacing. Work from Home culture is increasingly going to benefit the IT sector, says analysts
More >
TCS Preview and Key Technical Levels: Immediate support for stock placed at Rs 3270 for Rs 3360-Rs 3400 target, says expert
Mon, Apr 12, 2021
Technical Analyst Nilesh Jain, who is Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking says that TCS looks strong on the charts. Ahead of results, Nilesh says one can expect positive momentum to continue towards Rs 3360/ Rs 3400. The immediate support is placed at Rs 3270. Overall, the results in the IT sector is likely to be better, says Nilesh
More >
TCS, SBI, Bajaj Fin turned out to be most active stocks in sell-off sentiment today
Mon, Apr 05, 2021
In the volatile session today, the IT and Metal stocks held the ground, whereas all other sectoral indices declined on the first Monday of the new financial year amid rising covid cases and restrictions in Maharashtra.
More >
Tata vs Mistry: SUPREME impact on Tata companies share prices! Experts dub them as 'stocks to buy today'
Fri, Mar 26, 2021
Tata vs Mistry: In a big win for Tata Sons, the Supreme Court of India today, backed the removal of Cyrus Mistry as the chairman of the over $100 billion salt-to-software Tata Group in 2016 and set aside the National Company Law Appellate Tribunal (NCLAT) order that had order he be reinstated.
More >
TCS to Infosys, HCL Tech to Wipro II Strong order book and Digital transformation opportunity big boost for IT sector, says Kotak Institutional Equities
Mon, Feb 22, 2021
Kotak Institutional Equities hosted 10 IT services companies in their 2021 edition of the Chasing Growth conference. Not surprising to note that companies exhibited confidence on growth, have a fairly healthy deal pipeline and are optimistic on the digital transformation opportunity led by public cloud adoption.
More >
Stocks To Buy With Anil Singhvi: Sanjiv Bhasin in bullish mode on markets; recommends TCS, Bajaj Finance as top buys
Fri, Jan 29, 2021
Stock Markets are “extremely oversold” market expert Sanjiv Bhasin said in his chat with Zee Business Managing Editor Anil Singhvi while giving his outlook. He said that the headline for the day is however, the starting of all local trains from 1 February in Mumbai. The Covid-19 pandemic is receding and life is coming back to normalcy
More >
Proud moment! India's TCS becomes world's largest IT company, beats Accenture! Surpasses Reliance Industries market capitalisation
Wed, Jan 27, 2021
According to Bloomberg data guide, TCS valuation at Monday's close stood at $169.25 bn, Accenture’s market cap was at $168.68 bn. Also, TCS surpassed Reliance Industries to become the country's most-valued firm by market capitalisation. HDFC Securities maintains ADD on Tata Consultancy Services, following a back to back stellar performance and positive commentary from the management.
More >
TCS reported a strong quarter with beat on revenues and margins
Mon, Jan 11, 2021
TCS reported a robust quarter with 4.1% qoq cc growth vs 2.5% consensus expectations. A surprise was the 40bp margin expansion qoq to 26.6% EBIT margin, despite a wage hike in the quarter. Management is confident in the demand environment and affirmed double-digit growth in FY22e. Management does not believe there was any budget flush in Q3, and, hence, thinks the strength seen in Q3 should continue in Q4.
More >
TCS Share Price: Strong Performance in Q3, Management gains market share on strong demand outlook
Mon, Jan 11, 2021
Sharekhan maintains a Buy rating on TCS with a revised Price Target of Rs 3590. For TCS, Q3 FY21 was the second consecutive quarter of strong all-round performance, led by a strong demand environment, market share gains and quick revenue conversion from deals won earlier. The company reported better-than-expected revenue growth of 4.1% qoq on constant currency (CC) in a seasonally weak quarter, which is the strongest in the December quarter in the last nine years. On a yoy basis, the company came back to a positive growth trajectory with a CC growth of 0.4%.
More >
TCS Share Price: Details of the Q3 results Decoded by ICICI Securities
Mon, Jan 11, 2021
Tata Consultancy Services (TCS) reported a healthy set of Q3 FY21 results and were above estimates on all fronts. The growth was across geographies and verticals. The QoQ growth in revenues was led by healthy demand in core transformation services and conversion from earlier deals.
More >
TCS buyback: Tata Sons sells shares worth Rs 10,000 crore
Thu, Jan 07, 2021
Tata Sons Pvt Ltd, the holding company of salt-to-software Tata Group, has raised about Rs 10,000 crore from selling close to 1 per cent holding in Tata Consultancy Services (TCS) in the IT firm's recently concluded share buyback.
More >
Infosys vs Wipro vs TCS vs HCL Tech vs Tech Mahindra: Sharekhan puts tech majors under scanner | Key risks, Top picks revealed
Wed, Jan 06, 2021
Infosys vs Wipro vs TCS vs HCL Tech vs Tech Mahindra: In a big relief, Indian IT companies are expected to deliver strong sequential revenue growth in the seasonally weak October-December quarter, led by ramp-up of large deals, higher spending on digital technologies by enterprises, gradual recovery in affected verticals and lower than expected impact of furloughs. Sharekhan expects tier-I companies to report sequential revenue growth of 1.9-3.1% on a constant currency (CC) basis and benefit by 30-50 bps qoq on rupee tailwinds.
More >
Infosys, HCL Tech and Tech Mahindra are top bets: CLSA on IT sector
Wed, Jan 06, 2021
Top CLSA bets - Infosys, HCL Tech and Tech Mahindra: Market share gains to drive revenue growth momentum in CY21. The Indian IT sector should continue to outperform the broader market in 2021. While accelerated digital/cloud adoption is a strong medium-term narrative, CLSA expects market share gains through cost take-out/vendor consolidation deals to be key drivers of sector earnings upgrades in the near-term. 5G rollout and demand recovery in the ‘troubled’ verticals could provide incremental upside. Normalisation of execution costs may pose margin headwinds, but CLSA sees limited risk of a sharp downside.
More >
Infosys, Wipro, TCS, HCL Tech Q3FY21 Results Preview: IT Sector to start 2021 on a high 'double-digit' note
Tue, Jan 05, 2021
Infosys, Wipro, TCS, HCL Tech Q3FY21 Results Preview: The IT sector (coverage universe) is set to post its strongest Q3 sequential growth of the past eight years, despite the seasonality factor and the volatile macro situation. Following a 6% QoQ growth (rebound) in revenue in 2Q, 3Q is expected to print 3.7% QoQ for the sector. The stage is set for a double-digit FY22.
More >
TCS, Infosys, HCL Tech to Wipro - how much will Indian IT industry grow, or will it? Find out
Tue, Jan 05, 2021
Infosys is Kotak’s top pick and will lead the industry on growth. Tech Mahindra is 5G, margin expansion and inexpensive valuation play. HCL Tech offers reasonable upside from current levels. Kotak believes that IT companies have done well to navigate changes post Covid and are well positioned to capitalize on ensuing opportunities. TCS and Infosys will lead the way. Wipro could be the dark horse, while HCL Tech has built in an element of predictability.
More >
