TCS - A Key Beneficiary Of Outsourcing,  Cloud Adoption Wave, Says Prabhudas Lilladher
Signage for Tata Consultancy Services Ltd. is displayed outside the company’s headquarters in Mumbai, India,

TCS - A Key Beneficiary Of Outsourcing,  Cloud Adoption Wave, Says Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Tata Consultancy Services Ltd. reported the strongest third-quarter growth in nine years. (up 4.1% QoQ constant currency terms, up 0.4% YoY CC).

Accomplished positive CC growth YoY in Q3 itself, a quarter earlier than expected by the management.

TCS Management expects tech spend to strengthen in CY21 with strong multi-year technology transformation opportunity.

There is upside to growth and margin estimates on account of faster revenue conversion of deals and continued strong demand for cloud and digital adoption.

Click on the attachment to read the full report:

Prabhudas Lilladher TCS Q3 Result Review.pdf

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