BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
CLSA maintains buy on Tata Consultancy Services
CLSA has maintains its "buy" call on TCS for a target of Rs 2,850. TCS is likely to remain at the upper-end of industry growth. Expect higher dividend pay outs in the future. Capital allocation could be reassessed this year. Stock looks attractive at 16 times PE.