Nifty19,839.3528.0

English EditionEnglish Editionहिन्दी ગુજરાતી मराठी বাংলা ಕನ್ನಡ മലയാളം தமிழ்తెలుగు

| Today's Paper

Special offer on ETPrime

Buy Tata Consultancy Services, target price Rs 4060: Motilal Oswal

SECTIONS

ETMarkets.comLast Updated: Oct 12, 2023, 09:18 AM IST

Font Size

Save

Comment

Synopsis

Tata Consultancy Services Ltd. key Products/Revenue Segments include Consultancy Income and Sale of Equipment & Software Licences for the year ending 31-Mar-2023

TCS — Promoters held 72.3 per cent stake in the company as of 30-Jun-2023, while FIIs owned 12.46 per cent, DIIs 9.75 per cent.

Motilal Oswal has buy call on Tata Consultancy Services Ltd. with a target price of Rs 4060. The current market price of Tata Consultancy Services is Rs 3562.75.

Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1320880.96 Crore) operating in IT Software sector.

Tata Consultancy Services Ltd. key Products/Revenue Segments include Consultancy Income and Sale of Equipment & Software Licences for the year ending 31-Mar-2023.

Financials
For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 60698.00 Crore, down -.13 % from last quarter Total Income of Rs 60778.00 Crore and up 7.86 % from last year same quarter Total Income of Rs 56274.00 Crore. Company reported net profit after tax of Rs 11380.00 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 72.3 per cent stake in the company as of 30-Jun-2023, while FIIs owned 12.46 per cent, DIIs 9.75 per cent.

Connect with Experts - Wealth creation made easy

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Thursday, 12 Oct, 2023

Experience Your Economic Times Newspaper, The Digital Way!

Read Complete Print Edition »

Front Page
Pure Politics
Companies
Brands & Companies
Learn more about our print editionMore

TCS Q2 Net Up 9%, Announces ₹17kcr Share Buyback
Tata Consultancy Services (TCS), the world’s second most-valued technology services company after Accenture Plc, Wednesday warned that decision delays and circumspect client spending have dented global demand and dimmed industry growth prospects.
With $250-300m, Aakash to Get Bigger Piece of Pai
Manipal Education and Medical Group chairman Ranjan Pai may invest as much as $250-300 million in Aakash Institute, a subsidiary of troubled edtech firm Byju’s, according to multiple people aware of the matter.
Aimco, Others Eye Stake in Aditya Birla Renewables
Canadian investment firm Alberta Investment Management Corporation (Aimco) and a few other investors have expressed interest to pick up a significant minority stake in Aditya Birla Group’s renewable energy business, two people aware of the development told ET.

Hero MotoCorp. Share Price	3100.85
03:59 PM \| 11 Oct 2023	124.05(4.16%)
Wipro. Share Price	421.15
03:59 PM \| 11 Oct 2023	13.40(3.28%)
Grasim Industries. Share Price	1980.10
03:59 PM \| 11 Oct 2023	61.20(3.18%)
UltraTech Cement. Share Price	8343.00
03:58 PM \| 11 Oct 2023	184.70(2.26%)
Dr. Reddy's Laboratories. Share Price	5567.60
03:58 PM \| 11 Oct 2023	89.06(1.62%)
Hindustan Unilever. Share Price	2556.40
03:59 PM \| 11 Oct 2023	40.21(1.59%)
Reliance Industries. Share Price	2345.05
03:59 PM \| 11 Oct 2023	36.66(1.58%)
Cipla. Share Price	1171.95
03:58 PM \| 11 Oct 2023	16.91(1.46%)
Mahindra & Mahindra. Share Price	1556.30
03:58 PM \| 11 Oct 2023	18.46(1.19%)
NTPC. Share Price	238.70
03:59 PM \| 11 Oct 2023	2.80(1.18%)
Nestle India. Share Price	23202.05
03:58 PM \| 11 Oct 2023	234.00(1.01%)
Divi's Laboratories. Share Price	3750.55
03:59 PM \| 11 Oct 2023	36.91(0.99%)
HDFC Bank. Share Price	1539.60
03:59 PM \| 11 Oct 2023	14.75(0.96%)
UPL. Share Price	627.75
03:59 PM \| 11 Oct 2023	5.96(0.95%)
Kotak Mahindra Bank. Share Price	1771.40
03:58 PM \| 11 Oct 2023	15.31(0.87%)
ITC. Share Price	448.25
03:59 PM \| 11 Oct 2023	3.86(0.86%)
Eicher Motors. Share Price	3486.60
03:58 PM \| 11 Oct 2023	27.85(0.80%)
Bharti Airtel. Share Price	955.60
03:59 PM \| 11 Oct 2023	7.25(0.76%)
JSW Steel. Share Price	777.25
03:58 PM \| 11 Oct 2023	5.36(0.69%)
Hindalco Industries. Share Price	483.90
03:59 PM \| 11 Oct 2023	3.25(0.67%)
Axis Bank. Share Price	1019.10
03:59 PM \| 11 Oct 2023	6.86(0.67%)
Bharat Petroleum Corporation. Share Price	342.55
03:56 PM \| 11 Oct 2023	2.16(0.63%)
SBI Life Insurance Company. Share Price	1309.35
03:58 PM \| 11 Oct 2023	7.30(0.56%)
Britannia Industries. Share Price	4554.95
03:59 PM \| 11 Oct 2023	25.00(0.55%)
Tata Motors. Share Price	634.00
03:59 PM \| 11 Oct 2023	3.46(0.54%)
Bajaj Auto. Share Price	5064.40
03:55 PM \| 11 Oct 2023	26.90(0.53%)
Apollo Hospitals Enterprise. Share Price	5092.85
03:58 PM \| 11 Oct 2023	26.16(0.51%)
Larsen & Toubro. Share Price	3088.70
03:59 PM \| 11 Oct 2023	12.70(0.41%)
Asian Paints. Share Price	3163.90
03:58 PM \| 11 Oct 2023	12.41(0.39%)
Maruti Suzuki India. Share Price	10412.10
03:59 PM \| 11 Oct 2023	37.11(0.35%)
Titan Company. Share Price	3280.50
03:55 PM \| 11 Oct 2023	11.31(0.34%)
Tech Mahindra. Share Price	1231.60
03:59 PM \| 11 Oct 2023	3.85(0.31%)
Power Grid Corporation of India. Share Price	198.50
03:59 PM \| 11 Oct 2023	0.56(0.27%)
Bajaj Finance. Share Price	8101.95
03:59 PM \| 11 Oct 2023	18.35(0.22%)
Bajaj Finserv. Share Price	1636.55
03:58 PM \| 11 Oct 2023	3.46(0.21%)
ICICI Bank. Share Price	953.10
03:59 PM \| 11 Oct 2023	1.90(0.19%)
Sun Pharmaceutical Industries. Share Price	1128.75
03:59 PM \| 11 Oct 2023	2.25(0.19%)
IndusInd Bank. Share Price	1421.20
03:59 PM \| 11 Oct 2023	0.66(0.04%)
HDFC Life Insurance Company. Share Price	621.50
03:59 PM \| 11 Oct 2023	0.25(0.04%)
Tata Consumer Products. Share Price	888.40
03:59 PM \| 11 Oct 2023	-0.36(-0.03%)
Infosys. Share Price	1494.40
03:58 PM \| 11 Oct 2023	-0.75(-0.05%)
Oil And Natural Gas Corporation. Share Price	183.25
03:59 PM \| 11 Oct 2023	-0.25(-0.13%)
Tata Steel. Share Price	124.95
03:59 PM \| 11 Oct 2023	-0.35(-0.27%)
Adani Enterprises. Share Price	2488.60
03:59 PM \| 11 Oct 2023	-9.71(-0.38%)
LTIMindtree. Share Price	5244.45
03:58 PM \| 11 Oct 2023	-21.91(-0.41%)
Coal India. Share Price	301.85
03:59 PM \| 11 Oct 2023	-1.40(-0.46%)
Tata Consultancy Services. Share Price	3609.90
03:59 PM \| 11 Oct 2023	-19.00(-0.52%)
State Bank of India Share Price	588.35
03:59 PM \| 11 Oct 2023	-3.30(-0.55%)
Adani Ports & Special Economic Zone. Share Price	814.85
03:59 PM \| 11 Oct 2023	-4.65(-0.56%)
HCL Technologies. Share Price	1245.60
03:59 PM \| 11 Oct 2023	-16.21(-1.28%)
Load more..

Hero MotoCorp	3,100.85
03:59 PM \| 11 Oct 2023	124.05 (4.16%)
Wipro	421.15
03:59 PM \| 11 Oct 2023	13.40 (3.28%)
Grasim Inds.	1,980.10
03:59 PM \| 11 Oct 2023	61.20 (3.18%)
UltraTech Cem.	8,343.00
03:58 PM \| 11 Oct 2023	184.70 (2.26%)

HCL Tech	1,245.60
03:59 PM \| 11 Oct 2023	-16.21 (-1.28%)
Adani Ports SEZ	814.85
03:59 PM \| 11 Oct 2023	-4.65 (-0.56%)
SBI	588.35
03:59 PM \| 11 Oct 2023	-3.30 (-0.55%)
TCS	3,609.90
04:10 PM \| 11 Oct 2023	-19.00 (-0.52%)

The Economic Times daily newspaper is available online now.

Buy Tata Consultancy Services, target price Rs 4060: Motilal Oswal

Tata Consultancy Services Ltd. key Products/Revenue Segments include Consultancy Income and Sale of Equipment & Software Licences for the year ending 31-Mar-2023

Read More News on

To post this comment you must

Fill in your details:

Share this Comment:

Uh-oh! This is an exclusive story available for selected readers only.

Prime Account Detected!

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

To Read the full Story, Subscribe to ET Prime

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Unlock this story and enjoy all members-only benefits.

Why ?