Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
2070.25
Change Change %
-7.65 -0.37%

Updated:21 Sep, 2018, 11:14 AM IST

BSE
2070.10
Change Change %
-6.80 -0.33%

Updated:21 Sep, 2018, 11:13 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
21-04-2016 Sell 2462.00 2089.00
N/A
Target Hit Long (1Y)
21-04-2017

Nirmal Bang Securities maintains sell TCS

IT sector's revenue growth and price earnings multiple are likely to contract because of the likely slowdown in US economy in 2016 and 2017. TCS could potentially trade at a marginal discount to Infosys in the coming days with Infosys beating TCS in revenue growth terms in FY16 and likely to do so in FY17 as well.

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