TCS gets thumbs-up from markets
It was a thumbs up for the TCS management from the stock markets for its rupee management. TCS share price surged by 2.3 per cent Tuesday in a falling market.Part of this boost was thanks to buy calls from analysts across the board. And what is convincing the markets is an 8 per cent growth in dollar terms cushioning of margins with big deals.While HSBC kept a target price of Rs 1,450 UBS target stood at Rs 1,570. Kotak and Angel Broking kept a target price of Rs 1,350, Rs 1,425 respectively.
