Tata Consultancy Services Ltd
TCS

2,195.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

2,192.10

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

2,169.15

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 2165.00

Last updated on 07-Dec-2016

We recommend an ACCUMULATE on the stock on account of strong traction in digitization and bottoming out of Diligenta. Revenue is expected to rise ~10% over FY16-18E, while profits are expected to rise ~8% during same period. After recent correction the stock is trading at reasonable PE of 16.3x FY18E. (Target Price – Rs. 2327)
Detailed View
50 DMA (.)
2,303.71
100 DMA (.)
2,416.95
200 DMA (.)
2,444.46
Weekly Range (.)
2,145.65
2,290.00
Monthly Range (.)
2,051.90
2,319.45
52 Weeks Range (.)
2,051.90
2,744.80
Detailed Chart