The brokerage expects margins to be ~20-21% over FY23- FY26E given its focus on large integrated deals where margins are lower in the initial phase of ramp up.
Tata Consultancy Services, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1175470.25 Crore) operating in IT Software sector.
Bajaj Electricals., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 14422.43 Crore) operating in Consumer Durables sector.
Divi's Laboratories, incorporated in the year 1990, is a Large Cap company (having a market cap of Rs 94817.41 Crore) operating in Pharmaceuticals sector.