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Business Insider
2 days ago
- Business
- Business Insider
Morgan Stanley Keeps Their Hold Rating on Infosys Limited (INFY)
Morgan Stanley analyst Gaurav Rateria maintained a Hold rating on Infosys Limited (INFY – Research Report) today and set a price target of INR1,670.00. The company's shares closed today at INR1,632.90. Confident Investing Starts Here: Rateria covers the Technology sector, focusing on stocks such as Infosys Limited, Tata Consultancy Services Limited, and Tech Mahindra Limited. According to TipRanks, Rateria has an average return of 21.7% and a 54.55% success rate on recommended stocks. Infosys Limited has an analyst consensus of Moderate Buy, with a price target consensus of INR1,845.06. The company has a one-year high of INR2,006.80 and a one-year low of INR1,307.10. Currently, Infosys Limited has an average volume of 346.7K. Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INFY in relation to earlier this year.
Economic Times
12-06-2025
- Business
- Economic Times
How Cyrus Mistry helped TCS unlock USD1 billion
How a nudge from Cyrus Mistry helped TCS unlock a USD1 billion opportunity Cyrus Mistry wanted TCS to tap into Tata Group's business. In FY14, the company made INR197.71 crore in revenue, including reimbursements, from Tata Group. By FY17, that amount had grown to INR2,400 crore. Here's how TCS worked its way deeper into Tata Group's business. Is Zomato under siege? Quick commerce may be the next telecom The aggressive expansion of Blinkit is FONT SIZE SAVE PRINT COMMENT Refer & Earn
Time of India
11-06-2025
- Business
- Time of India
How a nudge from Cyrus Mistry helped TCS unlock a USD1 billion opportunity
How a nudge from Cyrus Mistry helped TCS unlock a USD1 billion opportunity Getty Images Cyrus Mistry (R) and N Chandrasekaran (L) during the TCS AGM in Mumbai in 2013. Synopsis Cyrus Mistry wanted TCS to tap into Tata Group's business. In FY14, the company made INR197.71 crore in revenue, including reimbursements, from Tata Group. By FY17, that amount had grown to INR2,400 crore. Here's how TCS worked its way deeper into Tata Group's business. By JOCHELLE MENDONCA 4 Mins Read, Jun 12, 2025, 05:00 AM IST SHARE THIS NEWS Close Font Size Abc Small Small Abc Normal Normal Abc Large Close For years, Tata Consultancy Services (TCS) – the crown jewel of the Tata Group – built its fortune servicing global giants. But quietly and steadily, its fortunes within the family have been rising too. Cyrus Mistry's tenure as the head of Tata Sons may have come to a contentious end, but a move he put in motion now yields close to USD1 billion of annual revenue. Mistry wanted TCS to tap into the Tata Group's vast internal ecosystem for more
Yahoo
11-06-2025
- Business
- Yahoo
Barclays Rises 32.3% YTD: Is it the Right Time to Buy the Stock?
Year to date, shares of Barclays PLC BCS have risen 32.3%. The stock has outperformed the S&P 500 index, the Zacks Finance sector, and the industry. Meanwhile, it has underperformed its close peer, Deutsche Bank DB, while outperforming HSBC Holdings PLC HSBC. Year-to-Date Price Performance Image Source: Zacks Investment Research However, lingering uncertainty around tariff policies continues to pose risks. Given this backdrop, let's assess whether Barclays stock is a lucrative bet or not. Restructuring Efforts to Boost Profitability: Barclays has been taking steps to divest unprofitable/less profitable operations and save expenses through business streamlining, while deploying capital into higher revenue-generating February 2025, Barclays sold its consumer finance business in Germany. Last year, the company transformed its operating divisions and divested its Italian mortgage portfolio and $1.1 billion in credit card these efforts, Barclays recorded gross savings of £1 billion in 2024 and £150 million in the first quarter of 2025. The company aims to achieve gross efficiency savings of £0.5 billion this year. By 2026, management expects total gross efficiency savings to be £2 billion and the cost-to-income ratio to be in the high 50s. Its first-quarter 2025 cost-to-income ratio was 57%.The company is investing these savings in high-growth businesses and markets. This April, Barclays entered into a collaboration with Brookfield Asset Management Ltd. to reshape its payment acceptance business with plans to inject roughly £400 million. In March, the bank had announced a capital injection of more than INR2,300 crore (£210 million) into its India operations, following an injection of almost INR3,000 crore (£300 million) in 2021. Last year, the company acquired Tesco's retail banking business, which complements its existing business. In 2023, Barclays acquired Kensington Mortgage, which bolstered its mortgage redeployment of capital into higher-growth businesses and markets through improving efficiency is a multifaceted approach to boosting profitability. Barclays remains committed to this approach, which is likely to help improve profitability over Capital Distributions: As of March 31, 2025, Barclays' liquidity coverage ratio and net stable funding ratio were 175.3% and 136.2%, respectively, well above the regulatory requirements. This indicates a solid liquidity and funding profile. Thus, a solid balance sheet position supports its enhanced capital company has been paying dividends regularly and plans to keep the total dividend payout stable at the 2023 level, with progressive dividend plans to return at least £10 billion of capital to shareholders between 2024 and 2026 through dividends and share buybacks, with a continued preference for bank has increased dividends six times in the past five years with an annualized growth rate of 45.04%. It has a dividend payout ratio of 28%. Barclays Dividend Yield Image Source: Zacks Investment Research Over the past two months, the Zacks Consensus Estimate for 2025 earnings per share has been revised 6.2% and 3% upward to $2.23 and $2.73, respectively. Estimate Revision Trend Image Source: Zacks Investment Research The Zacks Consensus Estimate for Barclays' 2025 and 2026 earnings implies year-over-year growth of 21.2% and 22.6%, respectively. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) BCS stock is currently trading at a forward 12-month price/earnings (P/E) of 7.17X. This is below the industry's 9.4X, reflecting an attractive valuation. Price-to-Earnings F12M Image Source: Zacks Investment Research On the other hand, Deutsche Bank and HSBC have a forward P/E of 8.31X and 8.64X, respectively. This reflects that Barclays is trading at a discount compared to its peers. Entering 2025, a major rebound in mergers and acquisitions (M&As) was expected, with deal-making activities likely to grow in the mid-20s. This optimism stemmed from pent-up demand, stabilizing or declining interest rates, tightening credit spreads, and strong public market valuations. Also, the Trump administration was perceived as business-friendly, with an expected removal of stringent oversight that could mark the end of the prolonged regulatory of these has transpired till now. Deal-making activities have been muted as ambiguity over the tariff and ensuing trade war has resulted in extreme market volatility. These developments have led to economic uncertainty. Against such a backdrop, companies are rethinking their M&A plans despite stabilizing rates and having significant investible management expects investment banking risk-weighted assets (RWAs) to be 50% of the Group RWAs in 2026. Further, the delay in the M&A rebound will impact the IB business of other global banks, including HSBC and Deutsche Bank, impacting revenue growth to some extent. Barclays' restructuring efforts to boost efficiency and redeployment of capital to higher revenue-generating businesses are likely to help the company's financials. Further, a solid liquidity profile enables sustainable capital distributions. Bullish analyst sentiments and attractive valuations are other the bank's core operating performance remains a concern. Net interest income (NII) and net fee, commission, and other income have been witnessing a volatile trend over the last several quarters owing to a tough operating backdrop. Though NII and net fee, commission, and other income rose in 2024 and in the first quarter of 2025, in light of structural hedges and Tesco bank buyout, the uncertainty about the performance of the capital markets might weigh on the company's top line, which makes us apprehensive about its growth prospects. Further, the likelihood of a significant IB rebound this year remains low amid concerns regarding tariff policies, making BCS stock a cautious shareholders may benefit from holding for strong long-term returns, while potential investors should wait for greater macroeconomic clarity before taking a currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Barclays PLC (BCS) : Free Stock Analysis Report Deutsche Bank Aktiengesellschaft (DB) : Free Stock Analysis Report HSBC Holdings plc (HSBC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
09-06-2025
- Business
- Business Insider
Geojit Research Sticks to Its Hold Rating for Jio Financial Services Limited (JIOFIN)
In a report released today, from Geojit Research maintained a Hold rating on Jio Financial Services Limited (JIOFIN – Research Report), with a price target of INR276.00. The company's shares closed last Friday at INR294.10. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The analyst consensus on Jio Financial Services Limited is currently a Hold rating. Based on Jio Financial Services Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR2 billion and a net profit of INR3.13 billion. In comparison, last year the company earned a revenue of INR2.4 billion and had a net profit of INR3.32 billion
