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HomeNewsBusinessStocksBuy Tata Consultancy Services; target of Rs 3720: ICICI Direct

Buy Tata Consultancy Services; target of Rs 3720: ICICI Direct

ICICI Direct is bullish on Tata Consultancy Services recommended buy rating on the stock with a target price of Rs 3720 in its research report dated April 13, 2023.

April 14, 2023 / 14:33 IST
buy

buy

 
 
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ICICI Direct's research report on Tata Consultancy Services

Tata Consultancy Services (TCS) is one of the leading IT service providers with a presence in BFSI, communication, manufacturing, retail & hi tech. Consistent organic revenue growth and industry leading margins (>25%) • Stable management, robust return ratios (>RoCE 40%) & payouts (~70%).

Outlook

We maintain BUY rating on the stock. We value TCS at Rs 3,720 i.e. 26x P/E on FY25E EPS.

For all recommendations report, click here

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Tata Consultancy Services - 14 -04 - 2023 - icici

Broker Research
first published: Apr 14, 2023 02:33 pm

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