{"id":1031153,"date":"2026-08-26T07:47:01","date_gmt":"2026-08-26T02:17:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1031153"},"modified":"2026-08-26T08:53:22","modified_gmt":"2026-08-26T03:23:22","slug":"tcs-porsche-deal-why-morgan-stanley-citi-other-brokerages-still-see-up-to-20-downside-potential","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/26\/tcs-porsche-deal-why-morgan-stanley-citi-other-brokerages-still-see-up-to-20-downside-potential\/","title":{"rendered":"TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potential"},"content":{"rendered":"<p>Shares of Tata Consultancy Services (TCS) gained over 1% on Tuesday after India\u2019s largest IT services provider signed a five-year deal with Porsche AG valued at \u20ac1.25 billion ($1.45 billion) and acquired the German automaker\u2019s IT arm, MHP, for \u20ac320 million ($373.4 million) in an all-cash transaction. <\/p>\n<p>The acquisition is expected to be completed within three-four months, subject to necessary approvals. The deal marks a significant expansion of TCS\u2019 partnership with the German luxury carmaker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Tata Consultancy Services (TCS) gained over 1% on Tuesday after India\u2019s largest IT services provider signed a five-year deal with Porsche AG valued at \u20ac1.25 billion ($1.45 billion) and acquired the German automaker\u2019s IT arm, MHP, for \u20ac320 million ($373.4 million) in an all-cash transaction. The acquisition is expected to be completed within three-four months, subject to necessary approvals. The deal marks a significant expansion of TCS\u2019 partnership with the German luxury carmaker.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1031153","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1031153"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031153\/revisions"}],"predecessor-version":[{"id":1031172,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031153\/revisions\/1031172"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}