Tata Consultancy Services Ltd.

Tata Consultancy Services provide consulting-led integrated portfolio of information technology (IT) and IT-enabled services delivered through a network of multiple locations around the globe. Co.'s full services portfolio consists of IT and Assurance Services, Business Intelligence and Performance Management, Business Process Services, Cloud Services, Connected Marketing Solutions, Consulting, Eco-sustainability Services, Engineering and Industrial Services, Enterprise Security and Risk Management, Enterprise Solutions, iON -Small and Medium Businesses, IT Infrastructure Services, Mobility Products and Services and Platform Solutions.
  • TickerTCS
  • ISININE467B01029
  • ExchangeNational Stock Exchange of India
  • SectorSoftware & Computer Services
  • CountryIndia

Tata Consultancy Services: 1 director maiden bought

A director at Tata Consultancy Services maiden bought 845 shares at 1,998.980INR and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. ...

A double requalification allows TATA CNSLT.SVS.LTD. to improve to Positive

TATA CNSLT.SVS.LTD. (IN), a company active in the Computer Services industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 4 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Positive. As of the analysis date February 18, 2020, the closing price was INR 2,215.75 and its potential was estimated at INR 2,400.47.

Sudheer Guntupalli

MOSL: TCS (Neutral)-Near-term headwinds to continue

(TCS IN, Mkt Cap USD117.1b, CMP INR2218, TP INR2320, 5% Upside, Neutral) Weak growth; healthy margin expansion; soft outlook ** In a seasonally soft quarter, TCS reported weak growth (~0.3% QoQ, CC) dragged by key segments like BFSI and US. Reported deal wins ex Phoenix (up ~2% YoY in 3Q) were not encouraging. Near-term outlook was soft due to overhang in areas like large banks/retailers in the US and banks in the UK. ** Our estimates over FY20-22E remain largely unchanged. We continue liking TCS for its gold standard capital allocation, industry leading execution capabilities and high-quali...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Ashwin Mehta

Tata Consultancy Services' Q2FY20 results (Neutral) - Not immune to sector growth and margin issues

Q2FY20 result highlights Materially below expectations on growth and margins: TCS posted CC revenue growth of 1.6% q-q (~100bps miss versus our/consensus est.), with EBIT margins down 20bps q-q to 24% (vs our/consensus est. of 24.8/25.3%). Large segments underperform on growth: The growth miss was driven by weakness in North America (their largest geography) which posted ~5% y-y growth and BFSI/Retail and Technology verticals (~55% of revenue), which posted below company average growth. Weakening margin trends seen at INFO repeat at TCS: TCS too is seeing similar trends as INFO on 1) Sub-...

Dave Nicoski ...
  • Ross LaDuke

Int'l Macro Vision: Global Equity Strategy

Int'l Equity Strategy Global equities staged an impressive rally over the first four months of 2019. The nearly unabated advance allowed the broad major indexes (MSCI ACWI, ACWI ex-US, and EAFE) to break topside critical 14-month downtrends which began in January 2018. Heading into May, YTD uptrends were ubiquitous and market participants were generally of the belief that a US-China trade deal was a foregone conclusion. Then came Trump's May 5th tweets claiming China was attempting to renegotiate, and that tariffs would increase from 10% to 25%. The tariff escalation contributed to uptrend br...

Tata Consultancy Services: 1 director maiden bought

A director at Tata Consultancy Services maiden bought 845 shares at 1,998.980INR and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. ...