TCS Share Worth: Purchase Tata Consultancy Companies, Goal Worth Rs 4000: Emkay International

Emkay International has a purchase on Tata Consultancy Companies 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 value might attain the goal set.

Tata Consultancy Companies 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 key merchandise/income segments embody consulting revenue and gross sales of kit and software program licenses for the yr ended 31-March-2021.

monetary state of affairs

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

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funding logic
TCS is poised to profit from robust demand and rising digital transformation alternatives. Main considerations embody wage inflation, forex volatility and a doable slowdown within the US/Europe. The brokerage has a purchase score 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.

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