TCS Share Price Target: Tata Consultancy Services (TCS), India’s largest IT services company, reported a net profit of Rs 12,075 crore for the July–September quarter (Q2 FY26), down 5.4% sequentially, missing Street estimates of around Rs 12,744 crore. On a yearly basis, profit rose 1.4%. Revenue stood at Rs 65,799 crore, up 2.4% year-on-year and 3.7% quarter-on-quarter.
Brokerages issued mixed opinions after the q2 results of TCS. Some of them highlighting margin strength and AI-led initiatives, while others flagged weak growth and rising capital intensity
UBS on TCS: Neutral, target raised to Rs 3,435
UBS maintained a neutral stance and raised its target price to Rs 3,435 from Rs 3,400. The brokerage said TCS delivered a margin beat in Q2, supported by ongoing AI investments. However