Many brokerage companies have placed bets on Tata Consultancy Services.

TCS Target Price 2023:

Let us tell you that Tata Consultancy Services (TCS) released the fourth quarter results for FY23 on 12 April.

An increase of 14.8% was registered in the profit of TCS. TCS's income also saw a jump of about 17%.

The total profit of TCS company was Rs 11392 crore while the total revenue of TCS was Rs 59162 crore.

After strong results, TCS announced a huge final dividend of 2400% for its shareholders.

TCS Target Price 2023: Know the strategies of leading global brokerage houses on Tata Consultancy Services share.

1- Morgan Stanley on TCS Rating - Maintain Equalweight Target - ₹3350

2- Jefferies on TCS Rating - Maintain Hold Target - ₹3375

3- HSBC on TCS Rating - Maintain Hold Target - ₹3395

4- Macquarie on TCS Rating - Maintain Outperform Target - ₹4510

5- JP Morgan on TCS Rating - Maintain Underweight target ₹2700

TCS company got to see positive growth on every front including profit, income, and margin.

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