Why TCS share is going up?

Why TCS share is increasing?

Growth drivers for TCS include a calibrated focus on upstream/consulting business (larger share of growth and transformation) increasing the addressable market/pipeline, increased outsourcing (Europe), core transformation deals, and strong growth in public hyper scale services, strong deal wins in retail & consumer …

Will TCS share go up?

TCS Share Price Intraday Target – Using RSI Indicator

As per RSI Indicator, TCS Share Price is showing Hold Trade Signal & predicting Neutral sentiment.

Is TCS a good stock to buy?

The overall outlook for TCS as well as the overall industry is bullish, and any meaningful correction in the stock now is a great buying opportunity, he told CNBCTV18.com. … The company’s attrition rate at 11.9 percent for the September quarter is the lowest in the industry.

At what price should I buy TCS share?

The research house has kept the buy rating with a target at Rs 4,657 per share as earnings were below estimates on revenue, margin and order book front.

Will TCS give bonus?

1 IT company Tata Consultancy Services(TCS) has announced that it will give its employees a one-time bonus of Rs 2,628 crore to mark the 10th anniversary of the company’s listing on India’s biggest stock exchange in 2004. … TCS has an attrition rate of 14% in the Indian IT sector, which is considered to be moderate.

IT IS IMPORTANT:  Are bonus shares entitled to dividends?

Is TCS overvalued?

Price to Book Ratio

PB vs Industry: TCS is overvalued based on its PB Ratio (13.4x) compared to the IN IT industry average (2.4x).

Should I hold or sell TCS shares?

TCS is better positioned than its peers to manage margin headwinds, Kotak said. The brokerage has an ‘outperform’ rating on the stock with a target price of Rs 4,050. … The brokerage cut its FY22-FY23 EPS estimates by one percent citing a modest order book and a weak near-term margin outlook, it said.

Why is TCS best?

TCS being one of the leading consultancy firm in the market and with quality working environment, Being in TCS will be an amazing opportunity to learn ,grow and explore and give the best of me ,Also above all. … Great learning experience and hands on latest technologies. Great colleagues and peers are very helpful.

What is the target of TCS tomorrow?

Munafa value: 60 as on 04 Thu Nov 2021

Upside target 3546.58
Upside target 3519.42
Upside target 3517.22
Upside target 3512.93
Upside target 3508.97

Which stock is better TCS or Infosys?

For operating profit from growth point of view, Infosys has performed better than TCS. Both the companies have performed quite well on operating margin front posting healthy margins ~25-26%. … TCS has posted better net profit growth on QoQ basis, while Infosys has posted better net profit growth on YoY basis.

Is TCS a blue chip company?

As per market capitalisation, India’s leading blue chip companies today are State Bank of India (SBI), Bharti Airtel, Tata Consultancy Services (TCS), Coal India, Reliance Industries, HDFC Bank, ONGC, ITC, Sun Pharma, GAIL (India), Infosys, and ICICI Bank.

IT IS IMPORTANT:  Best answer: How many pairs of electrons are being shared?

Which share buy now?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP Low
Bharti Airtel 706.80 706
Britannia Inds. 3,627.00 3,535
Cipla 915.00 911
Coal India 171.40 171