Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Stock market updates:The broader markets, meanwhile, outweighed the benchmarks. The BSE MidCap and SmallCap indices rose up to 0.4 per cent

MARKET LIVE: Sensex, Nifty open flat; PSBs rally, TCS, Airtel drop 1%

Stock Market News Live: Sensex and Nifty are expected to open on a lower note today ahead of Reserve Bank of India’s monetary policy decision. The Reserve Bank is expected to raise interest rates by basis points (bps) to 6.25 per cent.

Share Market News Live: Sensex, Nifty trade almost flat after RBI rate hike; ONGC, TCS, NTPC top drags

The solution caters to over 270 customers, or about 20% of its base of 1,210 clients that generated over $1 million in annual revenue reported during the second quarter.

TCS’ Cognix impacts deals worth over $1.8 billion in two years

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks, such as Reliance Industries, Infosys, HDFC Bank, TCS, and SBI. Based on the trend, it also gives intraday trade recommendations with specific entry as well as s…

Day Trading Guide for December 06, 2022

The report evaluates the ability to execute and completeness of vision of IT service providers. As per Gartner, Leaders are suited for most ITS-CSP engagements. They are market-leading in several digital business transformation capabilities.”

TCS positioned as Leader for IT Services for Communications Service Providers

CLOSING BELL: RIL (down 1.45 per cent), Tech M, Dr Reddy’s Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards

Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%

In 2010, brand TCS was valued at $2.3 billion by Brand Finance, and it was ranked ninth in the IT services sector. By 2022, its brand value had grown by 730% to $16.7 billion, climbing to the second spot in the industry after Accenture.

Road runner! How TCS uses marathons to boost brand recognition

India’s largest IT services company, TCS, has delayed onboarding of freshers up to eight months. Business Today previously reported that companies including Infosys, Wipro, Tech Mahindra, Capgemini, Accenture, Mphasis, Mindtree, Deloitte, and HCL Tech have been delaying the onboarding of freshers.

‘Had an offer from Amazon, but chose TCS’: Tata Consultancy Services delays onboarding

Why did many U.S. tech companies let their employees go? What are the trends on jobs, attrition, operating profit margins among IT firms like TCS, Infosys and Wipro? Why is the start-up sector already hurting? What will happen if a worldwide recession sets in?

Explained | How will global layoffs impact India?

Here Are The Top Headlines Of The Hour:
1. In a tumultuous session on Friday, Indian equity benchmarks abruptly reversed course, falling from four-month highs as losses in financial and oil & gas shares offset gains in IT sector counters like TCS and Infosys.
2. In an interview with ET NOW, Laurence Balanco of CLSA said that he anticipates some volatility through 2023 and that the Nifty might hit 30,000 in the next three years. 
3. Westlife Foodworld Ltd., which runs the McDonald's brand of restaurants in western and southern India, saw its shares rise on Friday as the firm revealed its intention to open 250–300 new locations over the next five years. As part of its vision 2027 objectives, Westlife also hopes to triple its yearly revenues. The company projects that its revenues will increase from the Rs 1,576 crore it generated in the fiscal year 2022 to between Rs 4,000 and Rs 4,500 crore. 
4. Leading food producer Britannia Industries stated on Monday that it would continue to implement such calibrated pricing increases in order to maintain its profitability. 
5. For the third session in a row, Raymond soared 10.23% to Rs 1506.65. In three sessions, shares of Raymond have increased 13.76%. The stock reached a new high today, December 2, 2022, of Rs 1518. 
6. A day after the firm released its results report for the quarter ended September 2022, shares of leading fintech startup Paytm were trading unchanged in early trade on Wednesday. 
#DStreet #Gaining #ETNow
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D-Street Snaps 8 Day Gaining Streak | CLSA's 3-5 Year Nifty Target:30,000 | Top Headlines

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI. Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-l…

Day Trading Guide for December 02, 2022

Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions.

Tata Consultancy Services Ltd

Tata Consultancy Services Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

MARKET LIVE: Sensex, Nifty open flat; PSBs rally, TCS, Airtel drop 1%

Share Market News Live: Sensex, Nifty trade almost flat after RBI rate hike; ONGC, TCS, NTPC top drags

TCS’ Cognix impacts deals worth over $1.8 billion in two years

Day Trading Guide for December 06, 2022

TCS positioned as Leader for IT Services for Communications Service Providers

Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%

Road runner! How TCS uses marathons to boost brand recognition

‘Had an offer from Amazon, but chose TCS’: Tata Consultancy Services delays onboarding

Explained | How will global layoffs impact India?

News Video

D-Street Snaps 8 Day Gaining Streak | CLSA's 3-5 Year Nifty Target:30,000 | Top Headlines

Tata Consultancy Services Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

MARKET LIVE: Sensex, Nifty open flat; PSBs rally, TCS, Airtel drop 1%

Share Market News Live: Sensex, Nifty trade almost flat after RBI rate hike; ONGC, TCS, NTPC top drags

TCS’ Cognix impacts deals worth over $1.8 billion in two years

Day Trading Guide for December 06, 2022

TCS positioned as Leader for IT Services for Communications Service Providers

Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%

Road runner! How TCS uses marathons to boost brand recognition

‘Had an offer from Amazon, but chose TCS’: Tata Consultancy Services delays onboarding

Explained | How will global layoffs impact India?

News Video

D-Street Snaps 8 Day Gaining Streak | CLSA's 3-5 Year Nifty Target:30,000 | Top Headlines

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock