CMP : 2,283
Target Price : 2,854
TCS posted a lower than expected top-line for 3QFY2016, while the EBDITA and
net profit were in line and higher than expected, respectively. The company
posted a 0.3% sequential de-growth in USD revenues to US$4,145mn (V/s our
expectation of US$4,177mn). In constant currency terms (CC), the company
posted a qoq revenue growth of 0.5%, mai..