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Buy TCS, target Rs 1875: Manas Jaiswal

Buy Tata Consultancy Services Ltd. at a price target of Rs 1875.0 and a stoploss at Rs 1799 from entry point.

ETMarkets.com|
Updated: Jun 14, 2018, 09.06 AM IST
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Manas Jaiswal of manasjaiswal.com has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 1875. The current market price of Tata Consultancy Services Ltd. is Rs 1824.2. The time period given by the analyst is Intra Day when Tata Consultancy Services Ltd. price can reach defined target.

Manas Jaiswal recommended to keep stop loss at Rs 1799. Tata Consultancy Services Ltd., incorporated in 1995, is a largecap company with a market cap of Rs 698408.68 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 31-03-2018, the company has reported a Consolidated sales of Rs 32075.00 Crore, up 3.79 % from last quarter Sales of Rs 30904.00 Crore and up 8.21 % from last year same quarter Sales of Rs 29642.00 Crore Company has reported net profit after tax of Rs 6925.00 Crore in latest quarter.

The company’s top management includes Dr.P K Khosla, Dr.R Sommer, Mr.A Mehta, Mr.N Chandrasekaran, Mr.N G Subramaniam, Mr.O P Bhatt, Mr.Rajesh Gopinathan, Mr.V Thyagarajan, Ms.Aarthi Subramanian, Prof.C M Christensen. Company has B S R & Co. LLP as its auditoRs As on 03-06-2018, the company has a total of 3,828,575,182 shares outstanding.

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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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