Emkay Maintains Add Rating on TCS with Target Price of ₹3,500
Emkay Global Financial Services has maintained its Add rating on Tata Consultancy Services with a target price of ₹3,500.00. The maintained rating reflects the brokerage's continued positive outlook on India's largest IT services company. This recommendation suggests Emkay views TCS as an attractive investment opportunity for investors seeking exposure to the information technology sector.
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Emkay Global Financial Services has maintained its Add rating on Tata Consultancy Services with a target price of ₹3,500.00, signaling continued confidence in the IT major's investment potential.
Brokerage Recommendation Details
The maintained Add rating from Emkay reflects the brokerage's positive stance on TCS as an investment opportunity. The target price of ₹3,500.00 indicates the firm's expectation for the stock's potential upside.
| Parameter: | Details |
|---|---|
| Brokerage: | Emkay Global Financial Services |
| Rating: | Add (Maintained) |
| Target Price: | ₹3,500.00 |
Investment Outlook
The maintained Add rating suggests that Emkay continues to view TCS favorably within the information technology services sector. This recommendation indicates that the brokerage believes the stock offers attractive potential for investors seeking exposure to India's leading IT services provider.
The target price of ₹3,500.00 represents Emkay's assessment of the stock's fair value based on their analysis of the company's fundamentals and market position in the IT services industry.
Historical Stock Returns for Tata Consultancy Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.34% | +1.07% | +0.93% | -0.47% | -24.25% | +2.38% |
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