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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.

    Broker Research
    April 14, 2023 / 14:33 IST
    buy
       
       
      26 Aug, 2025 12:21
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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

      Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

      Tata Consultancy Services - 14 -04 - 2023 - icici
      Broker Research
      first published: Apr 14, 2023 02:33 pm

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