TCS Share Value: Purchase Tata Consultancy Providers, Goal Value Rs 4000: Emkay World

Emkay World has a purchase on Tata Consultancy Providers with a goal worth of Rs 4000. The present market worth is Rs 3142.35. The time interval given by the analyst is the yr when . The worth could attain the goal set.

Tata Consultancy Providers Ltd., integrated within the yr 1995, is a Massive Cap firm (having a market cap of Rs 1149673.94 Crore) working in IT Software program sector.

TATA CONSULTANCY SERVICES LTD The foremost merchandise/income segments embody consulting earnings and gross sales of kit and software program licenses for the yr ended 31-March-2021.

monetary scenario

For the quarter ended 31-03-2022, the Firm has reported Consolidated Whole Revenue of Rs.51572.00 Crores, a development of two.96% over final quarter’s Internet Revenue of Rs.50090.00 Crores and up from Rs.44636.00 Crores for the corresponding quarter final yr. 15.54% larger. Firm has reported Internet Revenue after Tax of Rs 9959.00 Crore in newest quarter.

advisabletales for you

funding logic
TCS is poised to profit from robust demand and rising digital transformation alternatives. Main issues embody wage inflation, foreign money volatility and a doable slowdown within the US/Europe. The brokerage has a purchase ranking on 28x Mar’24E EPS with a TP of Rs 4,000.

Promoter/FII Holdings
Promoters held 72.3 per cent stake within the firm as on 31-March-2022, whereas FIIs held 14.15 per cent, DIIs held 7.85 per cent.

(Disclaimer: The suggestions made on this part or any report enclosed herein are authored by an outdoor get together. The views expressed are these of the respective authors/entities. They don’t characterize the views of The Financial Occasions (ET). ET Assure doesn’t warrant, endorse, endorse any of its contents and hereby disclaim all warranties, specific or implied, referring to the identical. Please seek the advice of your monetary advisor and search impartial recommendation.

Supply hyperlink