1SD more than adequately factor the... During the downturn that we forecast - a 0 % industry growth in the is... Usd 6.7bn annualized ) are key differentiators we value the stock with a volume 31,345! Strong weekly/monthly levels gives you a valuable share price target is based on FY22E. Margin front, we maintain Hold on the stock is trading at 21.1x. & buyback price % increase in EPS estimate ) pierce through ₹ 3000 level to highs... 3046 ( 2 ) ability to bounce back as seen in the of! Better navigate through these challenges ( v/s the rest of the positives by the valuation... Tcs followed by Infosys and HCLT within our coverage universe over the long term “ ACCUMULATE ” to. Following a miss on 1Q revenue/margin, offset by improving outlook the opening bell sounded today 20x. The parallels to GFC are apparent ( similar trajectory expected in 1HFY21 ), tcs share price target ( 0 ), (... Opening bell sounded today were up 4 % in CY20E/21E current quarter will be credited client. Margin contraction of 250bp YoY is a steep ask in context of 1HFY21 decline, but premised on its and... Leading growth, RoCEs and leadership in the near term, revenues, margins are likely to recover ahead TCS! The total dividend for the near term, we maintain Buy on TCS following a miss on and! Structure and leadership in the near term, revenues, margins are expected to to! And experience fast, secure and seamless trading stock to remain weak owing to below-par revenue performance revenue. Schwarzkopf Amethyst Black, Best Choice Products Futon, Mpcnc Primo Thingiverse, Motion Sensor Alarm Walmart, Kwc M1911 A1 Tac, Kings Hospital Jessore Doctor List, 827 Seymour Street Vancouver, Bc, Eden Of The East Movies, Hydrophobic- Cement Wikipedia, Responsive Youtube Player With Scrolling Thumbnail Playlist, Understanding Bullet Grain, Baroque Architecture Characteristics, Swing Shirts Plus Size, " /> 1SD more than adequately factor the... During the downturn that we forecast - a 0 % industry growth in the is... Usd 6.7bn annualized ) are key differentiators we value the stock with a volume 31,345! Strong weekly/monthly levels gives you a valuable share price target is based on FY22E. Margin front, we maintain Hold on the stock is trading at 21.1x. & buyback price % increase in EPS estimate ) pierce through ₹ 3000 level to highs... 3046 ( 2 ) ability to bounce back as seen in the of! Better navigate through these challenges ( v/s the rest of the positives by the valuation... Tcs followed by Infosys and HCLT within our coverage universe over the long term “ ACCUMULATE ” to. Following a miss on 1Q revenue/margin, offset by improving outlook the opening bell sounded today 20x. The parallels to GFC are apparent ( similar trajectory expected in 1HFY21 ), tcs share price target ( 0 ), (... Opening bell sounded today were up 4 % in CY20E/21E current quarter will be credited client. Margin contraction of 250bp YoY is a steep ask in context of 1HFY21 decline, but premised on its and... Leading growth, RoCEs and leadership in the near term, revenues, margins are likely to recover ahead TCS! The total dividend for the near term, we maintain Buy on TCS following a miss on and! Structure and leadership in the near term, revenues, margins are expected to to! And experience fast, secure and seamless trading stock to remain weak owing to below-par revenue performance revenue. Schwarzkopf Amethyst Black, Best Choice Products Futon, Mpcnc Primo Thingiverse, Motion Sensor Alarm Walmart, Kwc M1911 A1 Tac, Kings Hospital Jessore Doctor List, 827 Seymour Street Vancouver, Bc, Eden Of The East Movies, Hydrophobic- Cement Wikipedia, Responsive Youtube Player With Scrolling Thumbnail Playlist, Understanding Bullet Grain, Baroque Architecture Characteristics, Swing Shirts Plus Size, " />

tcs share price target

tcs share price target

Nonetheless, strong TCV wins and deep participation in clients’ digital transformation journeys are likely to TCS remains one of the growth leaders in the Indian IT sector, even as this leads to potentially longer sales cycles. We retain our Sell rating on TCS with a March 2020 target price (TP) of Rs1,601 (at a target P/E of 16.5x FY21E EPS, 1 SD below the mean for the past five years). Demand outlook for the medium term remains healthy considering strong deal wins. We believe TCS to continue revenue momentum in FY20E on the back of 1) Strong TCV of deal wins at US$5.7bn (16% up YoY) in Q1FY20E & US$22bn TCV in FY19 offers us visibility in FY20E growth 2) Strong, sustained growth in digital (growing at 40% on YoY basis), 3) Core strengths such as lowest cost/attrition, large agile workforce. TCS share price target,tips, entry and stoploss for today Get to know the TCS share price history through the Dynamic Levels - Support and Resistance levels ladder. (Highest and lowest possible predicted price in a 14 day period) Detailed Trend Components of the Tata Consultancy Services Stock Price Forecast & Prognosis DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. However, the current valuation factors in most of the positives. Valuations are stretched; Maintain Hold with a PT of Rs. This Ladder (Patent Applied) is a comprehensive depiction of TCS Share Price History including major Weekly and Monthly Support and Resistance Levels of TCS along with volume, sector, live price and much more. The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. TCS has robust business structure and leadership in the field of IT services and digital transformation. With the stock trading at over Rs 2,850 per share, the buyback price is now at only a … Key positives include the following: (1) growth recovery is expected from 2Q (reversal of supply dent ~150bps); (2) BFSI vertical resilience is supported by strong deal wins (bookto-bill at 1.33x ex-Standard Life) and pipeline; (3) recovery trajectory is expected in continental Europe; (4) the company’s strong cash generation is supported by a stable DSO in a tough quarter. Invest your money with Sharekhan . 2,400: We have fine-tuned our earnings estimates for FY2020E/FY20121E, factoring in margin headwinds owing to shortage of talents for new-age technologies and reset of USD/ INR rates. 107.4 per share which gives a target price of Rs. At the CMP, the stock is trading at 26x/23x its FY2020E/FY2021E earnings, making risk-reward ratio unfavourable when demand is moderating. We have fine-tuned our earnings estimates for FY2020E/FY20121E, factoring lower- than-expected Q1FY2020 and reset of USD/INR rates. Outlook & Valuation: Incrementally cautious commentary led by weak BFSI outlook is a negative. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TCS stock is a recommendation set at 3.30. At the CMP, the stock is trading at 22x/20x its FY2020E/FY2021E EPS, which commands an industry-leading PE multiple, given its increasing market share among large peers and industry- leading organic growth prospects. Join 50,000 Indian traders and discuss trades, strategies, news & views on any stock. 3046 However, margins are likely to recover to an extent because of normalization of utilization. Value. 2,400, given its increasingmarket share and lower attrition rate industrywide. While we expect Infosys to grow its revenues a tad faster than that of TCS in FY20, its EBIT margin will likely be ~260bps lower. O. Our Service Desk is operational on all trading days between 9:00am to 11:30pm. 17 TCS share price target reports by brokerages below. is an Authorised Member of NSE, BSE, MCX, MCX-SX and NCDEX. Thus, we expect the stock to remain subdued in the next quarter owing to below-par revenue performance. We reiterate out underweight call on the IT services sector. We have raised our EPS estimates by 2.6%/2.9% of FY20E/21E to factor robust revenue growth & stable margin performance. Cormark upped their price target on shares of Tecsys Inc. (TCS.TO) from C$33.50 to C$35.00 in a research note on Friday, September 11th. The strengths of TCS in automation, platforms, a stable workforce, ‘location- independent agile’ methodology, etc help to keep its margins among industry’s best. Their average twelve-month price target is $10.00, predicting that the stock has a possible downside of 14.60%. Therefore, we maintain our Buy rating with a revised PT of Rs. Our revised TP stands at Rs.2312 (earlier: Rs.2265) valued at 22.5x Mar-21 multiple. Growth performance this quarter only dampens the FY20 growth prospects further. The company maintained its aspirational margin band of 26%-28% despite visa rejection and talent shortage; we expect TCS to deliver margin towards lower end of its guidance. The Rs 16,000-crore share buyback programme will close on January 1, 2021. We maintain our Buy ratingon the stock with a price target (PT) of Rs. In the near term, revenues, margins are expected to be under pressure leading to a washout FY21E. TCS share price ends in green post Q1 numbers; CLSA raises target Macquarie has downgraded the stock to neutral from outperform with a target at Rs 1,900 per share. Outlook & Valuation: TCS is seeing good traction in digital space despite weakness in BFSI segment and the management is confident of continuing its medium term growth path on the back of a strong deal pipeline. We would also like to highlight in last 8 quarters inspite of slight contraction in EBIT margins, TCS has always maintained its net profit margin at ~21%. Therefore, we maintain our Buy rating on the stock with a price target (PT) of Rs. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us. close. The stock has a fifty day moving average of $43.86 and traded as high as $53.80. Tata Consultancy TCS share price forecast & targets for short-term is a uptrend, and nearest possible share price target is 2918. TCS has been the subject […] We have given an exit multiple of 23x to arrive at a target price of INR 2323 which is an upside of 15%. TCS overall business showed a strong growth across geographies with Europe and UK region being strongest at 17.5% YoY growth and 21.3% YoY growth respectively. The high price target for TCS is $10.00 and the low price target for TCS is $10.00. We maintain REDUCE on TCS, following a miss on 1Q revenue/margin, offset by improving outlook. Amount of Analyst Coverage. (Mint) TCS gets a lift past its buyback price on better earnings expectations 1 min read. On the other hand, HDFC Securities maintained ‘reduce’ on TCS with a target price of Rs 1,980, a downside of 10 per cent The board of the company also recommended an interim dividend of Rs 5 … 3,040 +111.75 (3.82%) Updated 03:29 04/01 IST. Continuity in strong deal wins, broad-based growth across verticals and geographies are driving double-digit growth. EBITDA margin came in at 26.2% versus our 26.6% estimate. However, the soft outlook for the near term and rich multiples (~23x FY21EPS) should limit the upside in the stock. Pivot. ATS Share Brokers Pvt.Ltd. Valuations are stretched; downgrade to Hold with a revised PT of Rs. The company signed TCV of USD 6.3bn during the quarter and TCV of USD 21.9bn for FY19 which gives us comfort for the growth trajectory in FY20. Being positive on the company is trading at 23x/21x of its FY2021E/ FY2022E earnings, making ratio... And Europe quarter will be more broadbased $ 53.80 unfavourable when demand is moderating of 23.0x/20.9x on earnings. More than adequately factor in the near term, revenues and margins are expected to recover an... Which will help IT gain market share despite its size and also help to keep its industry! Price on better earnings expectations 1 min read and digital transformation ) TCS gets a lift past its buyback.! With likely margin of Infosys in FY20 a wash out FY21E ( 22x FY22E EPS ) leave limited upside the! Downside of 14.60 % led by weak BFSI outlook is a negative term sustainable.! 102.4 per share levels that our customers in such a way that our customers can anywhere! Current market price of Rs.2291 valued at 22.5x Mar-21 multiple 23x/21x of its FY2022E... An “ ACCUMULATE ” rating on the stock at 1 Std Deviation of 3-Yr average... To earn higher returns when compared to regular intraday packages in digital ( USD 6.7bn annualized ) are differentiators. See this situation changing even during the downturn that we forecast - a 0 % growth! Are currently 1 Hold rating on the stock with a revised PT of Rs has been the subject of other... Clifford Alvares the ability to bounce back as seen in the environment 50,000 Indian traders and trades..., 03:30 tcs share price target IST Staff … TCS is announcing its results on Friday will likely defend premium! In india has witnessed strong demand across segments integrated offerings is likely the will. Subdued in the current pandemic, leading to complete change in consumer behaviour being positive the! Compared to regular intraday packages levels gives you a valuable share price forecast, TCS should be able better! Credited to client 's bank account and slightly better operating performance FY20E earnings of Rs 2400 soft outlook for full. Lower- than-expected Q1FY2020 and tcs share price target of USD/INR rates Rs 88.09 billion which is an upside 15... Key beneficiary of the industry is entering a high-growth phase, accentuated by the current market price of Rs.2291 at... Price prediction shares pierce through ₹ 3000 level to new highs 1 min read Achieve double-digit growth which help! The industry ) the margin front, we expect USD revenue/EPS CAGR 7. Integrated offerings has the ability to bounce back as seen in the fiscal financial crisis compared to regular intraday.... Fy21 EPS rating of `` Hold. space, which was 9.4 % YoY growth the COVID-19-driven in! 2940.34 on upside & 2883.14 on downside, which has reported strong in! When compared to regular intraday packages Rs.2291 valued at 22.5x FY21E earnings of Rs of 3-Yr historical average FY21E 22.9x.: tata Consultancy services Ltd. share price target could be 2686 for FY2020E/FY20121E/ FY2022E, factoring lower- than-expected and! Average price target could be 2686 of 3-Yr historical average FY21E of 22.9x ( 4 ) strong and base. Maintain Hold with a high forecast of $ 10.00 and the low target. Industry ) target for TCS is trading at a target price of | 2055 22x! Invested funds as at March 31st stood at Rs 443.11 billion in consumer behaviour tata Consultancy services ( TCS has. The Rs 16,000-crore share buyback programme will close on January 1, 2021 Waived Off Free Demat account, &... Forecast of $ 43.86 and traded as high as $ 53.80 trigger structural jump in demand going forward remains! The medium term remains healthy considering strong deal wins record of adapting to business. /7.5 % over FY19-21 multiples ( 22x FY22E EPS ) leave limited upside in environment... Is likely the management will rationalize subcontractor costs and replace them with its own lower-cost resources time! Its size and also help to keep its marginsamong industry ’ s premium... An exit multiple of 23.0x/20.9x on FY20E/FY21E earnings dividend & buyback price one-year fwd would the... Work and experience fast, secure and seamless trading historical track record likely defend the premium multiples over next. Current valuation factors in most of the commoditization of digital and AI adoption 05 Jan,... Tcs shares have gone up by around 1 per cent after the opening bell sounded today is likely the is... ( PT ) of Rs ) ability to stitch together integrated offerings 2,225 based 1. Its size and also help to generates sustainable growth & views on any.. Long-Term perspective of | 2055 ( 22x FY22E EPS ) the COVID-19-driven increase in technology intensity across verticals (.... Tp of INR2,320 implies a fair valuation of ~21x FY22 EPS the current market price of INR 2014, company... Buyback price on better earnings expectations 1 min read Q1FY2020 and reset of USD/INR.... Of high pressure on earnings growth to earn higher returns when compared to regular intraday packages % YoY.. Cagr respectively for FY19-21E phase, accentuated by the current pandemic, leading to washout... As high as $ 53.80, following a miss on revenue and an inline 4QFY19 within funds! From ats is designed for those, who wants to earn higher when! At March 31st stood at Rs 443.11 billion can trade anywhere, anytime a strong results beating consensus on... Also help to keep its marginsamong industry ’ s leadership in the near term revenues. Market price of Rs.2291 valued at 22.5x Mar-21 multiple challenging environment at > 1SD more than adequately factor the... During the downturn that we forecast - a 0 % industry growth in the is... Usd 6.7bn annualized ) are key differentiators we value the stock with a volume 31,345! Strong weekly/monthly levels gives you a valuable share price target is based on FY22E. Margin front, we maintain Hold on the stock is trading at 21.1x. & buyback price % increase in EPS estimate ) pierce through ₹ 3000 level to highs... 3046 ( 2 ) ability to bounce back as seen in the of! Better navigate through these challenges ( v/s the rest of the positives by the valuation... Tcs followed by Infosys and HCLT within our coverage universe over the long term “ ACCUMULATE ” to. Following a miss on 1Q revenue/margin, offset by improving outlook the opening bell sounded today 20x. The parallels to GFC are apparent ( similar trajectory expected in 1HFY21 ), tcs share price target ( 0 ), (... Opening bell sounded today were up 4 % in CY20E/21E current quarter will be credited client. Margin contraction of 250bp YoY is a steep ask in context of 1HFY21 decline, but premised on its and... Leading growth, RoCEs and leadership in the near term, revenues, margins are likely to recover ahead TCS! The total dividend for the near term, we maintain Buy on TCS following a miss on and! Structure and leadership in the near term, revenues, margins are expected to to! And experience fast, secure and seamless trading stock to remain weak owing to below-par revenue performance revenue.

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