Tata Consultancy Services Experiences Revision in Score Amid Flat Q3 FY24-25 Results

Jan 10 2025 07:20 PM IST
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Tata Consultancy Services (TCS) has recently experienced a revision in its score by MarketsMojo following flat financial results in the third quarter of FY24-25. Despite this adjustment, TCS continues to demonstrate strong long-term fundamentals, including a robust average Return on Equity and a low Debt to Equity ratio. The stock has been added to MarketsMojo's list, highlighting its significant market presence and stability.
Tata Consultancy Services (TCS), a leading player in the IT software industry, has recently undergone an adjustment in its evaluation by MarketsMOJO. The stock's performance in the third quarter of FY24-25 has been characterized by flat financial results, prompting a revision in its score. Despite this, TCS maintains strong long-term fundamental strength, highlighted by an impressive average Return on Equity (ROE) of 40.36% and a healthy annual growth rate in net sales of 10.28%.

The company boasts a low Debt to Equity ratio, averaging at 0 times, which underscores its financial stability. Additionally, TCS is technically positioned in a mildly bullish range, supported by positive indicators such as MACD and Bollinger Bands. With institutional holdings at 23.57%, TCS benefits from the analytical capabilities of these investors.

As the largest company in its sector, TCS commands a significant market capitalization of Rs 14,60,495 crore, representing 30.44% of the entire industry. The stock has also been added to MarketsMOJO's list, reflecting its ongoing relevance in the market landscape.
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