Monday, November 23, 2020

TCS | Stock to Buy | Price Outlook

 

TCS LTD

Stock/Share Price: 2711


➽ In this article we will discuss recent development in the StockShare of TCS in the Stock Market. Tata Consultancy Services Limited (the Company) and its subsidiaries (collectively together with the employee welfare trusts referred to as the Group) provide IT services, consulting and business solutions and have been partnering with many of the worlds largest businesses in their transformation journeys for the last fifty years. 

Recent Key Strengths

Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Growth in Net Profit with increasing Profit Margin (QoQ)

Company with No Debt

Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Annual Net Profits improving for last 2 years

FII / FPI or Institutions increasing their shareholding

Strong Momentum: Price above short, medium and long term moving averages

MFs increased their shareholding last quarter



Recent Weaknesses

Decline in Quarterly Net Profit with falling Profit Margin (YoY)

Declining Net Cash Flow : Companies not able to generate net cash

Book Value Per Share deteriorating for last 2 years

Highest promoter stock pledges



Technical Chart 


TCS stock is in strong uptrend . After the recent correction and consolidation stock today break an important resistance of 2688 with good volume.
So long position can be initiated in the stock with the potential upside level of 2889, 2978 in the short period of time.



Recent Valuation Summary


After the multi year of good performance valuation is not stressed much  and currenty available at good valuation to buy.


Recent Financial Summary

Both sales and net profit increased significantly from the previous quarter.


Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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