TCS down 2%: Wage hike pending, growth visibility hazy—Is now the time to Buy?
- Posted on July 11, 2025
- By Financial Express
- 3 Views
TCS down 2%: Wage hike pending, growth visibility hazy—Is now the time to Buy?
TCS stock down 2% after Q1 results, revenue falls 3.3% QoQ due to BSNL ramp-down. Brokerages cut earnings estimates, Nomura maintains Neutral call with a lowered price target of Rs 3,780. Motilal Oswal also raises growth concerns but maintains Buy rating with target of Rs 3,850.
