10 Oct 2025 | 5 Mins Read
TCS' Rs 50,000 cr AI data centre bet may face limited growth uplift
Flipitmoney
TCS share price is under pressure due to Jefferies' "Hold" rating and trimmed FY26-28 profit estimates. The brokerage finds TCS' data centre expansion a "weak growth phase" with limited upside, estimating the investment will add 0.6% extra revenue growth per year by FY31. TCS trades at 21x forward earnings, with Jefferies maintaining a target price of Rs 3,100.