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TCS - Mega Deals Led Outperformance: HDFC Securities

Maintain Add on TCS with a target price of Rs 4,500, based on 28 times FY26E EPS, in line with its five year average PEG.

<div class="paragraphs"><p>TCS image used for representational purpose. (Source: Tata Consultancy Services/Facebook)</p></div>
TCS image used for representational purpose. (Source: Tata Consultancy Services/Facebook)
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