Kotak Maintains Buy Rating on TCS with Target Price of ₹3,675
Kotak Institutional Equities has issued a Buy recommendation on Tata Consultancy Services with a target price of ₹3,675 per share. The positive rating reflects the brokerage's confidence in TCS's business prospects and market position. This recommendation provides investors with analyst perspective on the IT major's potential upside.
*this image is generated using AI for illustrative purposes only.
Kotak Institutional Equities has maintained its positive stance on Tata Consultancy Services , issuing a Buy recommendation with a target price of ₹3,675 per share.
Brokerage Recommendation
The research recommendation from Kotak reflects confidence in TCS's market position and business outlook. The target price of ₹3,675 suggests the brokerage sees potential upside in the stock from current trading levels.
| Parameter: | Details |
|---|---|
| Recommendation: | Buy |
| Target Price: | ₹3,675 |
| Brokerage: | Kotak Institutional Equities |
Market Implications
The Buy rating from Kotak adds to the analyst coverage on TCS, one of India's leading information technology services companies. Such recommendations typically influence investor sentiment and can impact trading activity in the stock.
The target price set by Kotak provides investors with a reference point for evaluating the stock's potential performance. Brokerage recommendations serve as important inputs for investment decisions, though investors are advised to consider multiple factors before making investment choices.
Historical Stock Returns for Tata Consultancy Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.43% | +1.17% | +1.03% | -0.38% | -24.18% | +2.48% |
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