Is TCS a good buy now?

Is TCS a good buy now?

We maintain our positive stance on TCS, given its strong growth outlook. Our target price of Rs 4,240 implies 30x FY24E EPS, with a 15 percent upside potential. We maintain our ‘buy’ rating.

Is TCS overvalued?

In fact, a look at their price-to-earnings (P/E) ratio over the past few years reveals that they are far from being overvalued. Leading blue-chip stocks such as TCS, Infosys, Maruti, Tata Motors and Dr Reddy’s are trading near their life-time highs, but their valuations are nowhere near their peaks.

What is ROCE of TCS?

Revenue Breakup Market Cap ₹ 1,180,410 Cr. High / Low ₹ 4,046 / 3,132. Book Value ₹ 244. ROCE 54.9 % ROE 43.6 %

What is CAGR of TCS?

The topline and bottomline of TCS grew at a CAGR of 16% and 13.8% in the last 10 years respectively. The ten-year average net profit margin of the company stands at 21.9%.

Is TCS giving bonus shares?

No, TCS company does not declare any bonus in 2021.

Will TCS go up?

Tata Consultancy Services Limited quote is equal to 3318.150 INR at 2022-06-28. Based on our forecasts, a long-term increase is expected, the “TCS” stock price prognosis for 2027-06-21 is 6922.480 INR. With a 5-year investment, the revenue is expected to be around +108.62%.

Which stock is better TCS or Infosys?

The company has an operating margin guidance of 21%-23% for FY23. Infosys trades at a10% discount to TCS, despite having 2% higher earnings growth outlook, highlighted global brokerage Jefferies.

Did TCS share split?

Tata Consultancy Services Ltd. Tata Consultancy Services has not split the face value of the share so far.

Does TCS have debt?

Based on the latest financial disclosure, TATA CONSULTANCY SERVICES has a Total Debt of 78.82 B. This is much higher than that of the Technology sector and significantly higher than that of the Information Technology Services industry. The total debt for all India stocks is significantly lower than that of the firm.

Why is TCS stock falling?

One sector that did very well in 2020 and 2021 was IT. IT stocks generated huge returns for investors in this period. Tata Consultancy Services (TCS) was up 73% in the past two years….IT Stocks Fall amid Outlook Concerns.

What is PE ratio of TCS?

43.66% P/E Ratio(TTM)

What is intrinsic value of TCS?

As of today (2022-06-27), Tata Consultancy Services’s intrinsic value calculated from the Discounted Cash Flow model is ₹698.45.

Why TCS share is rising?

The research firm said that TCS’ Q3 profit and margins came in below expectations, while revenue growth was above estimated. It will take TCS share price to jump nearly 30 per cent to hit the target price of Rs 5,000 pinned by the research firm.

What is cagr of ITC?

ITC’s revenue cagr (5y) is 7.2%.

What is cagr of Wipro?

Wipro’s gross profit cagr (5y) is 8.2%.

Which company will give bonus share in 2021?

Bonus

Will TCS give bonus in 2020?

Tata Consultancy Services on Thursday said it will give a one-time bonus to all eligible employees to mark the 10th anniversary of its initial public offer or IPO. India’s biggest outsourcer will give one week’s salary for every year of service rendered, a move that will cost the company $423 million or Rs 2,628 crore.

How much is TCS bonus?

Employees who have completed at least a year in the company will be given a ‘reward’ equivalent to one week’s salary for every year of service completed at TCS, according to a press statement.