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Buy Tata Consultancy Services, target price Rs 1,970: Chandan Taparia

The analyst suggested a stoploss at Rs 1750 .

ETMarkets.com|
Last Updated: Mar 30, 2020, 08.46 AM IST
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Chandan Taparia of Motilal Oswal Securities has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 1970.0 . The current price of Tata Consultancy Services Ltd. is Rs 1818.6 Time period given by the analyst is intra-day when Tata Consultancy Services Ltd. price can reach defined target. . Chandan Taparia recommended to keep a stoploss at Rs 1750 .

Tata Consultancy Services Ltd., incorporated in 1995, has a market cap of Rs 682408.68 crore.
Tata Consultancy Services' key products/revenue segments include Information Technology & Consultancy Services which contributed Rs 97356.00 crore to sales value (100 per cent of total sales) for the year ending March 31, 2018.
For the quarter ended December 31, the company reported consolidated sales of Rs 39854.00 crore, up 2.25 per cent from last quarter sales of Rs 38977.00 crore and up 6.74 per cent from last year same quarter sales of Rs 37338.00 crore. The company reported net profit after tax of Rs 8143.00 crore in the latest quarter.
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