TCS comes on Brokerages' radar after Q4 Results

Brokerage Houses like ICICI Direct, Sharekhan, Motilal Oswal, KR Choksey and Religare Retail Research are bullish on TCS and recommended BUY ratings with up to 21.7% upside targets after Q4 results.

TCS reported Q4 Results on April 12, 2023. The company declared net profit rose 14.8% to Rs 11,392 crore, revenue was up 16.9% at Rs 59,253 crores YoY.

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TCS announced a final dividend of Rs 24 per share for FY23.

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Religare Retail Research has recommended ‘BUY’ rating with a 21.7% upside target of Rs 3,882 on TCS.

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Motilal Oswal has recommended ‘BUY’ rating with a 21% upside target of Rs 3,860 on TCS.

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KR Choksey has recommended ‘BUY’ rating with a 19.7% upside target of Rs 3,817 on TCS.

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ICICI Direct has recommended ‘BUY’ rating with a 16.7% upside target of Rs 3,720 on TCS.

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Sharekhan has recommended a ‘BUY’ rating with a 14.5% upside target of Rs 3,650 on TCS.

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Disclaimer: The views and investment suggestions expressed on Admotag Finance are not those of the website or its management. These reports are taken from the research reports of brokerage houses. Admotag Finance advises users to check with certified experts before taking any investment decision.

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