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Bloomberg Quint

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TCS Q1 Results On Thursday — Should You Buy, Sell Or Hold Ahead Of Earnings Announcement?

  • Tata Consultancy Services Ltd. is set to release its quarterly results on Thursday.
  • Brokerages have varying opinions on the stock's near-term outlook with price targets ranging from Rs 3,220 to Rs 4,400.
  • Some brokerages have 'buy' ratings and target prices between Rs 3,850 to Rs 4,211, while others suggest 'sell' or 'hold' with targets as low as Rs 3,220.
  • TCS stock declined in the previous quarter despite sector gains, with different analysts assessing valuation, growth convergence, and external factors to determine their recommendations.

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