Buy Tata Communications, target Rs 736.50: ICICI Direct
Buy Tata Communications at a price target of Rs 736.50 and a stop loss at Rs 714.10 from entry point.
The current market price of Tata Communications is Rs 719.05.
Time period given by the analyst is intraday when Tata Communications price can reach defined target.
ICICI Direct recommended to keep a stop loss at Rs 714.10.
Tata Communications, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 20,481.52 Crore) operating in Telecommunications sector.
Tata Communications key Products/Revenue Segments include Telecommunication Services which contributed Rs 5,068.15 Crore to Sales Value (100 per cent of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Dr.Gopichand Katragadda, Dr.Uday B Desai, Mr.Bharat Vasani, Mr.G Narendra Nath, Mr.N Srinath, Mr.Saurabh Kumar Tiwari, Mr.Vinod Kumar, Ms.Renuka Ramnath.
Company has S B Billimoria & Co. as its auditors.
As on 30-09-2017, the company has a total of 285,000,000 shares outstanding.
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