{"id":921659,"date":"2025-04-12T08:37:03","date_gmt":"2025-04-12T03:07:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=921659"},"modified":"2025-04-12T09:05:34","modified_gmt":"2025-04-12T03:35:34","slug":"tcs-muted-on-demand-uncertainty-jefferies-lists-3-big-worries","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/04\/12\/tcs-muted-on-demand-uncertainty-jefferies-lists-3-big-worries\/","title":{"rendered":"TCS muted on demand uncertainty: Jefferies lists 3 big worries"},"content":{"rendered":"<p>TCS is muted even as the rest of the IT pack is firm with Nifty IT up nearly 2%. In fact TCS is the only IT stock in red on Nifty after the Q4FY25 earnings missed estimates. Jefferies maintains a Hold rating on the stock with a revised price target of Rs 3,400 per share, implying just a 5% upside from current levels. <\/p>\n<p>Jefferies cut the \u201cFY26\/27 EPS estimates each by 3.5% and expect an 8% EPS CAGR over FY26-28E. Whilst stock has de-rated to 22x PE and has limited derating risks, upsides are capped until the US GDP growth outlook improves.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TCS is muted even as the rest of the IT pack is firm with Nifty IT up nearly 2%. In fact TCS is the only IT stock in red on Nifty after the Q4FY25 earnings missed estimates. Jefferies maintains a Hold rating on the stock with a revised price target of Rs 3,400 per share, implying just a 5% upside from current levels. Jefferies cut the \u201cFY26\/27 EPS estimates each by 3.5% and expect an 8% EPS CAGR over FY26-28E. Whilst stock has de-rated to 22x PE and has limited derating risks, upsides are capped until the US GDP growth [&hellip;]<\/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":[63,4,12],"tags":[],"class_list":["post-921659","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/921659","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=921659"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/921659\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=921659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=921659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=921659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}