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The brokerage expects TCS to ‘Outperform’ They have kept the target price for TCS at Rs 3,230, implying an upside of 25% from the current levels.
TCS' AI solutions revenue rose to $2.3 billion in Q4FY26 from $1.8 billion in Q3FY26.
KEY POINTS
- Clients are not cutting IT spending due to AI; instead, they are investing to become AI-ready.
- TCS reported $12 billion in deal wins for Q4FY26, up from $9.3 billion in the previous quarter.
- TCS announced a salary hike effective April 1, expecting a 150–200 basis point margin impact.
- BNP Paribas sees minimal impact from Middle East geopolitical tensions outside travel and transportation sectors.
COMPANIES
Summarized by Newsio from The Financial Express. How we summarize →