Anand Rathi keeps INR 2,430 target for Tata Consultancy Services stock

Published on 10/14/2026 at 12:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue grew 2.40 percent year over year. Tata Consultancy Services stock was INR 2,304.90 on October 14, 2026, up 1.57 percent on the day on NSE.

Analyst target and quarterly growth

Anand Rathi maintained a Buy rating and an INR 2,430 target on October 9, 2026.
Revenue grew 2.40 percent year over year in the second quarter of fiscal 2026-27.
Tata Consultancy Services stock was last at INR 2,304.90 on October 14, 2026 at 3:29 p.m. IST, up 1.57 percent on the day on the NSE.
Market capitalization stood at INR 8.3 trillion, with a P/E ratio of 16.16.

TCS, INE467B01029, Illustration mit AI erstellt.

Tata Consultancy Services (INE467B01029) has an Anand Rathi target of INR 2,430, which lies 5.43 percent above the latest NSE price of INR 2,304.90. According to Moneycontrol on October 9, 2026, Anand Rathi maintained its Buy rating and the INR 2,430 target.

Revenue growth stays positive

TCS reported USD 7.642 billion of revenue in the second quarter of fiscal 2026-27, up 2.40 percent year over year and 0.20 percent quarter over quarter in constant currency. The company also reported USD 1.450 billion of net profit and a 19.00 percent net margin for the quarter, according to TCS on October 8, 2026.

Annualized artificial intelligence revenue reached USD 3.1 billion in the same quarter, crossing 10.00 percent of total revenue. That gives the quarterly revenue figure a second operating reference, while the reported 2.40 percent growth shows that expansion remains measured rather than broad-based.

Stock remains below yearly high

Tata Consultancy Services stock was last at INR 2,304.90 on the NSE on October 14, 2026 at 3:29 p.m. IST, up 1.57 percent on the day from INR 2,269.30. Trading volume reached 12,388,335 shares against an average of 3,529,902 shares.

The 52-week range ran from INR 1,976.80 to INR 3,350.00. The latest price stood 31.20 percent below the high and 16.60 percent above the low, placing the share closer to the bottom than the top of its yearly range.

Valuation and peer comparison

Market capitalization stood at INR 8.3 trillion, while the P/E ratio was 16.16 and the trailing dividend yield was 0.05 percent. The valuation picture is more restrained than the target language: Anand Rathi's INR 2,430 target is 5.43 percent above the latest NSE price, not a direct forecast of earnings growth.

Comparison with peers

TCS (NSE, INR): plus 1.57 percent, P/E 16.16, market capitalization INR 8,339.3 billion
Infosys (NSE, INR): plus 2.44 percent, P/E 14.70, market capitalization INR 4,406.5 billion
Wipro (NSE, INR): plus 1.14 percent, P/E 13.57, market capitalization INR 1,690.8 billion

Price and trading status

The latest NSE price of INR 2,304.90 was last quoted on October 14, 2026 at 3:29 p.m. IST, up 1.57 percent from the NSE price of INR 2,269.30 on October 13, 2026. The next quarterly reporting period covers October through December 2026, with the company investor calendar listing quarterly reporting cycles.