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.
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.