INSUBCONTINENT EXCLUSIVE:
The biggest target price increase came from Jefferies while JM Financial, Edelweiss, CLSA, HSBC and Kotak Institutional Equities increased
their target prices by 1-15 per cent.
Shares of TCS soared on the back of the strong fourth quarter performance and hit a record high on
all-time high of Rs 3,421.25 intraday
brokerages were lower than the current market price of the stock
strong growth in retail in FY19 and green shoots in BFSI (banking, financial services and insurance) support our view of an acceleration in
6.7 per cent reported in FY18
is limited due to the recent run-up in the stock price
Shares of TCS have gained 26 per cent so far in 2018, outperforming the BSE IT index which has gained 18 per cent
