 "TCS")
Information technology (IT) bellwether Tata Consultancy Services (TCS) elicited a mixed set of responses from analysts on Dalal Street as they remained conflicted as to whether the miss on Q1 earnings was just a blip or a sign of times to come.
While the brokerages on a consensus did revise their earnings estimates downwards on revenue miss in the June quarter of the financial year 2021-22 (Q1FY22) and flagged rich valuations, they largely held 'Buy' or 'Hold' calls on the stock.
TCS missed analyst expectations as India business
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