Buy Tata Consultancy Services Ltd., target Rs 2450: Reliance Securities

TCS is a low beta stock (0.96) and is trading well below its 50-day, 100-day and 200-day moving average of Rs 2548, Rs 2466 and Rs 2451, respectively

Reliance Securities has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 2450, current market price of Tata Consultancy Services Ltd. is 2429.8. Time period given by analyst is Intra Day, when Tata Consultancy Services Ltd. price can reach defined target. Reliance Securities recommended to keep stop loss at Rs 2400.

The stock has gained 1 per cent so far in the calendar year 2016. The stock is looking bullish on the charts.

TCS is a low beta stock (0.96) and is trading well below its 50-day, 100-day and 200-day moving average of Rs 2548, Rs 2466 and Rs 2451, respectively, as per data collated by ETMarkets.com. The stock is trading with a P/E of 21.04 and P/B of 7.52.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › Recos › Buy Tata Consultancy Services Ltd., target Rs 2450: Reliance Securities
Text Size:AAA
Success
This article has been saved

*

+