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Tata Consultancy Services
WE ARE FUNDAMENTALLY VERY SOUND
Posted by :
NODIKTracked by: 0 Boarder
Yes it will bounce back, which is visible ,reasons given are not trust worthy at all. ...
In reply to:
WE ARE FUNDAMENTALLY VERY SOUND
Posted by :
basit222
INDIA IS A STRONG ECONOMY,BELIVE US WE ARE FUNDAMENTALLY VERY SOUND .TRUST INDIA ,TRUST FINANCE MINISTRY . DON`T PANIC WE WILL BOUNCE BACK.
WE ARE FUNDAMENTALLY VERY SOUND
Posted by :
investor11Tracked by: 0 Boarder
I think you are right somebody said "the way to makemoney when blood is flowing on the street" and that is what is happening now.
If you have free money to park stock market is the right destination.Select a few blue chip may be from this list invest and get handsom return of 100% in 2 years time. ...
In reply to:
WE ARE FUNDAMENTALLY VERY SOUND
Posted by :
basit222
INDIA IS A STRONG ECONOMY,BELIVE US WE ARE FUNDAMENTALLY VERY SOUND .TRUST INDIA ,TRUST FINANCE MINISTRY . DON`T PANIC WE WILL BOUNCE BACK.
WE ARE FUNDAMENTALLY VERY SOUND
Posted by :
basit222Tracked by: 0 Boarder
INDIA IS A STRONG ECONOMY,BELIVE US WE ARE FUNDAMENTALLY VERY SOUND .TRUST INDIA ,TRUST FINANCE MINISTRY . DON`T PANIC WE WILL BOUNCE BACK. ...
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Posted by :
manish9724Tracked by: 0 Boarder
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TCS Sept qtr PAT seen at Rs 1410 cr: M Oswal
Posted by :
GuestTracked by: 0 Boarder
TCS will sign the contract for starting the Passport Seva project, a public-private initiative to improve passport services in India.
The formal contract will be signed on October 13 by Foreign Secretary Shivshankar Menon and TCS chief executive officer and managing director, S Ramadorai.
The techno-commercial evaluation of the bids then zeroed in on TCS as the "best value bidder".
In return for better services, the private service provider will charge a fee of about Rs 200 for each transaction.
Within eight years, the number of passports issued has nearly tripled from 2.2 million in 2000 to six million in 2008.
The contract is estimated to be worth Rs 10-15 billion for TCS.
...
In reply to:
TCS Sept qtr PAT seen at Rs 1410 cr: M Oswal
Posted by :
IT_Bulls
TCS should announce a profit of atleast Rs 1325 crores to take the stock to Rs 1100 levels.
NSE Block Deal
Posted by :
GuestTracked by: 0 Boarder
Actually, there were three block deals on NSE.
The turnover of TCS on NSE was four times the normal day turnover in cash trades....
In reply to:
NSE Block Deal
Posted by :
zoombusiness
NSE Block Deal
TATA CONSULTANCY SERVICES 100237 Shares At 521
NSE Block Deal
Posted by :
zoombusinessTracked by: 0 Boarder
NSE Block Deal
TATA CONSULTANCY SERVICES 100237 Shares At 521
...
Infy 32 percent growth; Rs 10 dividend
Posted by :
IT_BullsTracked by: 0 Boarder
Infosys Technologies Ltd. has informed the Exchange that the Board, at its meeting held on October 10, 2008, has declared an interim dividend of Rs.10/- on each equity share.
Infosys Technologies Ltd. has informed the Exchange regarding a press release dated October 10, 2008, titled As per Indian GAAP "Q2 revenues in Indian Rupee grew by 32% year on year; sequential growth 12%, Q2 revenues in US Dollar grew by 5.3% sequentially; 7.1% in constatnt currency" & As per IFRS "Q2 revenues grew by 19% year on year; constant currency 19.5%, Q2 revenues grew sequentially by 5.3%; constant currency 7.1%". ...
TCS Sept qtr PAT seen at Rs 1410 cr: M Oswal
Posted by :
IT_BullsTracked by: 0 Boarder
Infosys profit at Rs 1432 crores; 10 percent QoQ profit....
In reply to:
TCS Sept qtr PAT seen at Rs 1410 cr: M Oswal
Posted by :
IT_Bulls
A 13 percent QoQ growth translates to 50% growth YoY.
And that translates to P/E of atleast 40.
Expected EPS for TCS in this year is Rs 68 to Rs 70.
Tomorrow`s PROJECTIONS for this STOCK
Posted by :
DUstocksTracked by: 0 Boarder
As per the latest Speed of Trend (SOT) analysis, TCS is already OVERSOLD on RSI. Possible buying opportunity.
SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
625.31 594.13 570.36 539.18 515.41 484.23 460.46
NIFTY SUPPORT & RESISTANCE LEVELS for TOMORROW, Friday, 10th October, 2008 :
R3 R2 R1 P S1 S2 S3
3910.50 3757.45 3635.55 3482.50 3360.60 3207.55 3085.65
Please don`t interpret SOT figures in ABSOLUTE terms for setting up your trades, use them only for general directional guidance - all at your risk & responsibility of course. If you do not understand what SOT projections are all about, just ignore this post, rather than setting up your trade upon something you know nothing about.
...
TCS Sept qtr PAT seen at Rs 1410 cr: M Oswal
Posted by :
IT_BullsTracked by: 0 Boarder
DNA India:
TCS considering a US listing later this year.
TCS is the only company among India’s top four software services players which has not yet listed on a US stock exchange.
Infosys Technologies and Satyam Computers are already listed on Nasdaq
while Wipro is listed on the New York Stock Exchange.
Ramadorai had talked about the London Stock Exchange and the Deutsche Börse as possible candidates for listing in Europe.
The cost of maintaining a listing in the US is more than in Europe but despite this
the US scores because a listing there is good for the company’s profile.
Ramadorai also said that a large part of TCS’ revenue target of $10 billion by 2010
would be met through the infrastructure services and BPO segments.
...
In reply to:
TCS Sept qtr PAT seen at Rs 1410 cr: M Oswal
Posted by :
IT_Bulls
A 13 percent QoQ growth translates to 50% growth YoY.
And that translates to P/E of atleast 40.
Expected EPS for TCS in this year is Rs 68 to Rs 70.
EPS and PE rerating for TCS
Posted by :
IT_BullsTracked by: 1 Boarder
Citigroup Global Services, earlier known as E-Serve International had been valued at Rs 1,200 crore, when the stock was delisted from the bourses.
Post the TCS deal, Citi would contribute 280 million dollars per year, against GE`s contribution of 200 million dollars to TCS revenues, thus over taking GE as the largest client.
The Citi deal would catapult TCS to the number two position in the BPO space after Genpact.
Citi has been TCS` customer since 1992 and the latest deal is expected to enhance TCS`s expertise in the banking sector. ‘‘This transaction would complement our domain expertise and bring new capabilities to TCS that will help drive growth,`` said S Ramadorai, CEO and MD, TCS.
...
In reply to:
TCS Sept qtr PAT seen at Rs 1410 cr: M Oswal
Posted by :
IT_Bulls
A 13 percent QoQ growth translates to 50% growth YoY.
And that translates to P/E of atleast 40.
Expected EPS for TCS in this year is Rs 68 to Rs 70.
Buy TCS with a target of Rs 1700
Posted by :
IT_BullsTracked by: 0 Boarder
Also read: Citi capable of facing current challenges: Vikram Pandit
For USD 505 million, TCS will get nine-and-half year contract from Citigroup amounting to USD 2.5 billion.
Citigroup Global Services expects revenues of USD 278 million in CY08. It has 12,000 employees. The transaction is to be closed by Q4 CY08.
Commenting on the deal, S Ramadorai, CEO, TCS said that Citigroup will become one of the top five customers post the deal. The company will get expertise in core banking to create new market for third party financial services, he said. He further stated that it will leverage on capabilities to serve large global banks.
...
In reply to:
Buy TCS with a target of Rs 1700
Posted by :
IT_Bulls
TCS is a 7 billion dollar company - earns Rs 34000 crores in a year.
Its market cap now is Rs 55000 crores only.
Buy.
BSE Announcements on TCS
Posted by :
MMB MessengerTracked by: 0 Boarder
Tata Consultancy Services Ltd (TCS) has informed BSE regarding a press release dated October 08, 2008, titled "Tata Consultancy Services To Acquire Citigroup Global Services for Dollar 505 million"....
NSE Announcements on TCS
Posted by :
MMB MessengerTracked by: 0 Boarder
Tata Consultancy Services Limited has informed the Exchange regarding a press release dated October 08, 2008, titled "Tata Consultancy Services To Acquire Citigroup Global Services for $ 505 million". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
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