Tata Consultancy Services532540IT services
Citi maintained a sell rating on TCS and cut its target price to 1,840 rupees from 1,875 rupees
- Citi target price
- 1840 rupees
- Citi previous target price
- 1875 rupees
Heard on business television between 08:43:33 - 08:46:33 IST.
- Citi said overall numbers were largely in line with Q2 expectations.
- Flagged margin pressure as a key focus area to watch.
- Noted AI remains a key growth driver.
- Expects FY27 margin to be on the lower side based on earlier management comments.
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Source: Live TV News Channel · 9 Oct 2026
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