Buy Tata Consultancy Services, target Rs 1855: Dharmesh Shah

Dharmesh Shah of ICICI Direct has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 1855. The current market price of Tata Consultancy Services Ltd. is Rs 1756.15. Time period given by the analyst is Intra Day when Tata Consultancy Services Ltd. price can reach the defined target. Dharmesh Shah recommended to keep stoploss at Rs 1690. Tata Consultancy Services Ltd., incorporated in the year 1995, is a largecap company with a market cap of Rs 670230.37 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.