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)

Earnings Update | TCS: Reports Decent Earnings

Tata Consultancy Services (TCS IN): US$2.4bn Mega Buyback

Tata Consultancy Services (TCS IN): US$2.4bn Mega Buyback - Letter of Offer Out; TCS Cheap Vs Peers

Equity Bottom-Up

<p>We recommend a HOLD rating on the stock and assign a 30x P/E multiple to its FY24E earnings of Rs 135.2/share to arrive at a TP of Rs 4,110/share, implying an upside of 4% from CMP.</p><div class="content-highlight"><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></div>

We recommend a HOLD rating on the stock and assign a 30x P/E multiple to its FY24E earnings of Rs 135.2/share to arrive at a TP of Rs 4,110/share, implying an upside of 4% from CMP.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: Outlook Continues to Be Positive, Backed By Execution Prowess

Tata Consultancy Svcs

Tata Consultancy Services: Outlook Continues to Be Positive, Backed By Execution Prowess