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Reduce TCS, target of Rs 375: IIFL

Posted on: June 27th 2009 in Brokerage Recommendations.

IIFL has maintained its reduce rating on Tata Consultancy Services with a target price of Rs 375 in its June 25, 2009 research report. “Tata Consultancy Services TCS’s management has been vocal in highlighting a return to sequential growth (US$ revenues) by as early as 2QFY10. Wi…

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