Motilal Oswal Sees 25% Upside In This Multibagger Tata Stock, Buy Call Initiated

Leading brokerage firm Motilal Oswal has recommended investors to buy the Tata Group stock, Tata Consultancy Services Ltd for a target price of Rs 3730 apiece with a potential return of 25%. Check key takeaways below:

1. Tata Consultancy Services Ltd Stock Outlook

The current market price of TCS Ltd is Rs 2985 apiece with an intraday gain of 0.07%. According to Motilal Oswal, if you invest in TCS stock today, it can fetch you a potential return of 25% with a target price of Rs 3730 apiece.

2. Tata Consultancy Services Ltd 52-Week High/Low

The stock's 52-week high is Rs 4045 apiece and 52-week low is Rs 2926 apiece, respectively.

3. Tata Consultancy Stock Hits Fresh 52-Week Low

The shares of TCS hit a fresh 52-week low at Rs 2926 apiece. The stock opened at Rs 2978, scaled the intraday high at Rs 3020 apiece and intraday low at Rs 2926 apiece. The stock is trading at a discount of 25% from its high levels.

4. Tata Consultancy Services Ltd Market Capitalisation

The company has a market capitalisation of 11,03,679.67 crore at the time of writing the story.

5. Tata Consultancy Services Ltd 5-Years Return

The stock has given a return of 143% in the last 5 years, 44% in the last 3 years, and fallen 22% in the last 1 year.

6. Tata Consultancy Services Ltd Latest Quarterly Result

TCS has declared a consolidated total income of Rs 53,547 crore, up 3.83% from the last quarter total income of Rs 51,572 crore. It has declared a net profit after tax of Rs 9,519 crore in latest quarter.

7. Tata Consultancy Services Ltd About

Tata Consultancy Services is an IT services, consulting, and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years.

Disclaimer

The stock has been picked from the brokerage report of Motilal Oswal Financial Services. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decisions.