Best Short Sell Call:
TCS: Result today aftermarket hours. Negative surprise. Q4 PAT to be much lower than bloomberg estimates and market expecting even higher nos. Today, stock didn't fall much even after 940 mn dollar penalty ( which we feel co will have to pay as unlikely to win in appeal) as marketmen expecting Infosys type results. Our info/ estimates likely to be as accurate as our numerous calls in Q3 result season.
STBT tgt Rs 2410
TCS: Result today aftermarket hours. Negative surprise. Q4 PAT to be much lower than bloomberg estimates and market expecting even higher nos. Today, stock didn't fall much even after 940 mn dollar penalty ( which we feel co will have to pay as unlikely to win in appeal) as marketmen expecting Infosys type results. Our info/ estimates likely to be as accurate as our numerous calls in Q3 result season.
STBT tgt Rs 2410
Results are good
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