Branch² Intelligence
TCS shares react to Q1 results today; Motilal Oswal projects 15% upside
Key takeaway
Motilal Oswal projects 15% upside for TCS, citing 2.5-3.2% organic constant currency growth for FY27-28.
- Step 1Motilal Oswal's bullish projection boosts TCS stock sentiment.
- Step 2Positive sentiment spills over to other Indian IT services companies as the sector is re-rated.
- Step 3TCS's supply chain and hiring partners see increased demand as growth expectations solidify.
Source: CNBC TV18 (Markets)
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