BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Barclays remains overweight on TCS
TCS' constant currency revenue growth was below estimates due to a greater shift to offshore. Energy, Telecom and Insurance were weak with management indicating that these headwinds will continue in FY16 while growth in its remaining sectors, notably BFS, retail and manufacturing, is expected to be healthy.