Quaero Capital S.A. acquired a new stake in TDCX Inc. (NYSE:TDCX – Get Rating) in the 4th quarter, Holdings Channel reports. The firm acquired 70,517 shares of the company’s stock, valued at approximately $1,350,000.
Other large investors also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Holdings Inc. bought a new stake in shares of TDCX in the 4th quarter valued at $2,865,000. Matthews International Capital Management LLC bought a new stake in TDCX during the 4th quarter valued at $2,511,000. SeaTown Holdings Pte. Ltd. bought a new stake in TDCX during the 4th quarter valued at $1,915,000. Bank of America Corp DE bought a new stake in TDCX during the 4th quarter valued at $9,705,000. Finally, Teacher Retirement System of Texas bought a new stake in TDCX during the 4th quarter valued at $24,646,000.
Shares of NYSE TDCX traded up $0.54 during trading on Friday, hitting $10.59. The stock had a trading volume of 351,548 shares, compared to its average volume of 229,536. TDCX Inc. has a 12 month low of $9.51 and a 12 month high of $30.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.84 and a current ratio of 5.84. The firm has a fifty day moving average of $12.57 and a two-hundred day moving average of $15.94.
Separately, HSBC initiated coverage on shares of TDCX in a research note on Wednesday, March 23rd. They set a “buy” rating and a $19.00 price target for the company.
TDCX Company Profile (Get Rating)
TDCX Inc, together with its subsidiaries, provides outsource contact center services for technology and other blue-chip companies in Singapore, Malaysia, Thailand, the Philippines, Japan, China, Spain, India, Colombia, and Romania. It offers digital customer experience solutions, including after-sales service and customer support across various industry verticals, such as travel and hospitality, digital advertising and media, fast-moving consumer goods, technology, financial services, fintech, government and non-governmental organizations, gaming, e-commerce, and education.
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