Out of 47 analysts covering TCS, 30 have maintained a buy opinion on the stock. 10 of them have given a "hold" rating, while 7 of them have advised "sell" on the stock. TCS released its September quarter results after market close on October 10, 2024. The company's profit has been Rs 11909 crore, which has been weaker than the estimate. It has declined by 1.1 percent on a quarter-on-quarter basis. The company's profit in the first quarter was Rs 12040 crore. At the same time, the market had estimated a profit of Rs 12422 crore. The company's quarterly income has been better than estimates. However, both EBIT and EBIT margin have been lower than estimates. Along with the quarterly results, the company has announced the second interim dividend for its investors. Shareholders will get a dividend of Rs 10 per share.

NOMURA's opinion - NEUTRAL rating, target Rs 4,150 per share

JEFFERIES ON TCS- BUY rating with target Rs 4,735 per share HSBC ON TCS- BUY rating with target Rs 4,540 per share Circuit Filter Change: Early in the morning, the exchange changed the circuit filters of these 20 small and big companies - action will be seen in the shares JPMORGAN ON TCS- OVERWEIGHT rating with target Rs 5,100 per share MOSL ON TCS- BUY rating, target Rs 5,400 per share Brokerage firm Jefferies says that the quarterly results have been lower than expected due to North America and margin headwinds. But BSNL may improve TCS' margins. However, the brokerage house has cut its estimates by 1% to 2% and expects TCS' earnings per share (EPS) to grow at 11% CAGR in financial years 2025 and 2027. JPMorgan called the results a "rare miss" , but a quarter that had some silver linings. Vedanta Share: Company's biggest announcement of the year early in the morning - keep an eye on the stock For the second half of the current fiscal, JPMorgan expects growth to improve broadly from financial services and technology as the BSNL contract expires. The brokerage said it would use any sharp decline in TCS to add to its position, while maintaining its "overweight" stance and lowering its target slightly to ₹5,100 from ₹5,200. Bernstein expects near-term weakness for TCS, but expects demand to pick up in the coming quarters as macros improve, the BFSI segment continues to recover and a healthy order book. As a result, it has maintained its "outperform" rating on TCS with a price target of ₹4,680. Motilal Oswal has recommended "Buy" with a price target of ₹5,400, which is the highest in the market for the company.