Buy TCS; target of Rs 750
Posted by :
BNQ
Hem Securities is bullish on Tata Consultancy Services and has recommended buy rating on the stock with a target of Rs 750, in its November 07, 2008 report.
Tata Consultancy Services is the largest Indian software company in terms of sales. It is a part of the Tata Group, one of Asia’s largest conglomerates. TCS started its operations in 1968 as a division of Tata Sons pioneering the offshore -software services delivery model. The company has posted significant growth in its bottom line during Q2FY10. It has witnessed an upward movement in its top line and bottom line. We are positive on TCS’ management of costs and diversifying risk in the future. Also, the upward trend in the financial performance of the company depicts a promising future. Presently the company is running at a P/E multiple of 23.11x to its FY09 EPS of Rs 26.86. We recommend BUY on the stock with a medium to long term price target of Rs 750.
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NAUGHTY007the risk reward rato is in ur favour-the 600 level is not breached since long...
how it is 20%. i think it is 5%...
tcs solid rock share
Posted by :
gopeto justify stock can give you the fantastic returns,just imagine the internal contracts from tata stable itself can 25% buisness for the co.by 31st march it should be 1001.keep investing...
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NAUGHTY007next weeks target is 642...
This Company as this fundamentaly strong. ...
tcs solid rock share
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desi_fanagreed but look for some more correction in ear term , possibly because of dollar weakness.... good opprtunities to accumulate...
tcs solid rock share
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gopeyesterday purchased at 615 expecting 650 0n tuesday.it is darling of tata house and fundamently strong....
Yes, agreed TCS is one the best IT Biggies, but mind is to have a watch on Mahindra Satyam - the Multibagger in making....
BSE Announcements on TCS
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MMB MessengerTata Consultancy Services Ltd has informed BSE regarding a Press Release dated November 05, 2009 titled "Tata Consultancy Services Scales Up U.S. Software Delivery Center with 300 Associates"...
TCS is good one to buy on dips...
NSE Announcements on TCS
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MMB MessengerTata Consultancy Services Limited has informed the Exchange regarding a press release dated November 05, 2009, titled "Tata Consultancy Services Scales Up U.S. Software Delivery Center with 300 Associates". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...



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