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Tata Consultancy Services




Q2FY20 :


Price when result was announced : 2000


- Constant currency growth came at six quarter low of 8.4% after high of 12.7% in Q4FY2019.

- USA sales have been stable from past three quarters at 50.6%

- BFSI segment has been contributing in the range of 30.5% - 31.2% since last seven quarters.

- Total clients have reached at 2357 with highest addition of 43 since past five quarters.

- Attrition Rate is at 11.6% that is highest since Q1FY2018

- Balance Sheet is stable with cash positions and receivables under control.


Recommendation : HOLD