Top brokerage calls for October 11: Analysts cut target price for TCS, IndusInd Bank post earnings
Updated : 2019-10-11 08:16:32
IndusInd Bank and TCS kicked off the September quarter (Q2) earnings season, with TCS missing estimates and IndusInd Bank showing a rise in NPAs. TCS reported a 1.8 percent jump in net profit at Rs 8,042 crore. While IndusInd Bank reported a rise of 52.2 percent in consolidated net profit at Rs 1,400.96 crore. Most brokerages cut target price for both the stocks post their Q2 earnings.