Buy Tata Consultancy Services, target Rs 2,210: CK Narayan
Buy Tata Consultancy Services Ltd. at a price target of Rs 2210.0 and a stoploss at Rs 2150 from entry point.
Tata Consultancy Services Ltd. key Products/Revenue Segments include Consultancy Income which contributed Rs 121033.00 Crore to Sales Value (98.26 % of Total Sales) and Sale of Equipment & Software Licences which contributed Rs 2137.00 Crore to Sales Value (1.73 % of Total Sales)for the year ending 31-Mar-2019.
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 38977.00 Crore, up 2.11 % from last quarter Sales of Rs 38172.00 Crore and up 5.76 % from last year same quarter Sales of Rs 36854.00 Crore Company has reported net profit after tax of Rs 8058.00 Crore in latest quarter. The company’s top management includes Dr.Pradeep Kumar Khosla, Dr.Ron Sommer, Mr.Aman 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 30-09-2019, the company has a total of 3,752,384,706 shares outstanding.