Showing posts with label Portfolio Advisor. Show all posts
Showing posts with label Portfolio Advisor. Show all posts

Thursday, July 21, 2011

TCS - Buy on declines

Tata Consultancy Services Limited (TCS) is an Indian IT services, business solutions and outsourcing company headquartered in Mumbai, India. It is the largest provider of information technology in Asia and second largest provider of business process outsourcing services in India.

TCS, a Tata group company (74 per cent shareholding) is the largest software services exporter from India. It is a global technology services company that provides end-to-end business solutions to its clients.

TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through a Global Network Delivery Model, recognised as the benchmark of excellence in software development. Along with its subsidiaries, TCS operates in 55 countries with over 1,60,000 employees.

TCS has performed robustly in all its parameters over the last six years. Its impressive fundamentals in the past form a strong base for its future.

TCS has registered an impressive 5 year Net Sales CAGR of 23.4 per cent; this has been a result of high repeat business (95 per cent+) from existing clientele and at the same time continuously increasing new clientele base.

Also, the company has managed to clock a consistent growth in profits, registering a robust 5 year EPS CAGR of 21.9 per cent. TCS has a great past and with its last few quarters performance, it has proved that it has the ability to be a winner, even in tough times.

TCS is India's largest IT company and one of the strongest brands. In the recent past it has outperformed its peers in terms of registering great financial performance. Its ability to generate repeat business from its strong client base and strategic acquisitions have been its major growth driver till today & with our ever-increasing dependence on technology solutions, a company like TCS is poised for good growth in the future.

The company has given decent returns to the investors

Time Span Price Change %Change
Today 1,122.65 -9.35 -0.82
Week 1,150.90 -18.90 -1.64
Month 1,069.55 62.45 5.83
Three Months 1,191.65 -59.65 -5.00
Six Months 1,212.60 -80.60 -6.64
One Year 827.40 304.60 36.81

Over a years time span the scrip gave a super returns of 36.81%. Though in the near term it could test 1100 levels buy on steep declines for a target of 1450

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Ingenious Investor
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Ravina Consulting
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