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Buy Tata Consultancy Services, target Rs 2,210: Dr CK Narayan

Buy Tata Consultancy Services Ltd. at a price target of Rs 2210.0 and a stoploss at Rs 2170 from entry point.

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Last Updated: Apr 25, 2019, 09.04 AM IST
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Dr CK Narayan of Chart Advise has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 2210. The current market price of Tata Consultancy Services Ltd. is Rs 2185.45. Time period given by the analyst is Intra Day when Tata Consultancy Services Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 2170. Tata Consultancy Services Ltd., incorporated in 1995, is a largecap company with a market cap of Rs 820064.92 crore.

Tata Consultancy Services Ltd. key Products/Revenue Segments include Information Technology & Consultancy Services which contributed Rs 97356.00 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-03-2019, the company has reported a Consolidated sales of Rs 38010.00 Crore, up 1.80 % from last quarter Sales of Rs 37338.00 Crore and up 18.50 % from last year same quarter Sales of Rs 32075.00 Crore Company has reported net profit after tax of Rs 8152.00 Crore in latest quarter. The company’s top management includes Dr.P K Khosla, Dr.R Sommer, Mr.A Mehta, Mr.Daniel Hughes Callahan, Mr.Keki M Mistry, Mr.N Chandrasekaran, Mr.N G Subramaniam, Mr.O P Bhatt, Mr.Rajesh Gopinathan, Ms.Aarthi Subramanian, Ms.Hanne Birgitte Breinbjerg Sorensen. Company has B S R & Co. LLP as its auditoRs As on 31-03-2019, the company has a total of 3,752,384,706 shares outstanding.

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