External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>In Q4FY23, Tata Consultancy Services Ltd (TCS) reported revenue growth of 1.6% QoQ in rupee terms, which was below our expectations.</li><li>The company’s revenues stood at Rs 59,162 Cr, up 16.9% YoY.</li><li>It reported operating profits of Rs 11,392 Cr with Operating Margins at 24.5% (remained flat) on account of lower operating costs offset by sub-contracting costs.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

In Q4FY23, Tata Consultancy Services Ltd (TCS) reported revenue growth of 1.6% QoQ in rupee terms, which was below our expectations.The company’s revenues stood at Rs 59,162 Cr, up 16.9% YoY.It reported operating profits of Rs 11,392 Cr with Operating Margins at 24.5% (remained flat) on account of lower operating costs offset by sub-contracting costs.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Tata Consultancy Services - Growth Slowing Down; Outlook Cautious

Tata Consultancy Svcs

Tata Consultancy Services - Growth Slowing Down; Outlook Cautious