TCS shares to earn up to 400 rupees profit, experts advise to buy.

GulfHindi English Desk: Tata Consultancy Services (TCS) shares may be a good investment opportunity for investors looking to bet on the stocks of major companies in the Indian stock market. According to experts in the stock market, investing in TCS shares can be profitable.

According to brokerage firm KR Choksey, the price of TCS shares could reach up to INR 3915 in the coming days. Currently, the price is INR 3509, which means that investing in it now could potentially yield a profit of around INR 400 per share. The brokerage firm has maintained its “buy” rating, indicating that they are recommending investors to buy this share.

In the latest quarterly report of TCS, the company recorded a 12.6% annual growth rate in Q1FY24. It also saw a 6 basis points improvement in operating margin. The PAT margin for Q1FY24 stood at 18.7%, with a yearly improvement of 70 basis points and a sequential decline of 60 basis points.

While information about investing in TCS shares has been provided here, it is not investment advice. Investing in the stock market carries risks, and it is recommended to seek advice from a financial advisor before making any investment decisions.

(Q1FY24) Important Information:

👉TCS Revenue: INR 5,93,810 million
👉Revenue in USD: $7,226 million
👉EBIT for the quarter: INR 1,37,550 million
👉Operating margin: Improved by 6 basis points annually
👉Profit After Tax (PAT): INR 1,11,200 million
👉PAT margin: 18.7%

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en.gulfhindi.com News Summary

👉टाटा कंसल्टेंसी सर्विसेज (TCS) शेयर को खरीदने का समय हो सकता है।
👉टीसीएस के शेयर की कीमत आने वाले दिनों में 3915 रुपये तक पहुंच सकती है।
👉इस शेयर में निवेश करने से मुनाफा की संभावना है।
👉टीसीएस के शेयर पर निवेश करने की सलाह दी जा रही है।
👉TCS की ताजा तिमाही रिपोर्ट के अनुसार, कंपनी ने Q1FY24 में 12.6% की सालाना वृद्धि दर्ज की।
👉टीसीएस के शेयरों में निवेश करने से पहले अपने वित्तीय सलाहकार से परामर्श करें।
👉TCS का राजस्व 5,93,810 मिलियन रुपये है।
👉TCS का अमेरिकी डॉलर में राजस्व 7226 मिलियन अमेरिकी डॉलर है।
👉TCS का EBIT 1,37,550 मिलियन रुपये है।
👉TCS का PAT 1,11,200 मिलियन रुपये है।
👉TCS का PAT मार्जिन 18.7% है।

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