Buy Tata Consultancy Services, target Rs 2,721.70: ICICI Direct

Buy Tata Consultancy Services at a price target of Rs 2,721.70 and a stop loss at Rs 2,643.90 from the entry point.

ICICI Direct has a buy call on Tata Consultancy Services with a target price of Rs 2,721.70.

The current market price of Tata Consultancy Services is Rs 2,679.85.

Time period given is intraday when Tata Consultancy Services price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 2,643.90.

Tata Consultancy Services, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 5,00,145.92 Crore) operating in Information Technology sector.

Tata Consultancy Services key Products/Revenue Segments include Information Technology & Consultancy Services which contributed Rs 92,693 Crore to Sales Value (100 per cent of Total Sales)for the year ending 31-Mar-2017.
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The company’s top management includes 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 Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 1,914,287,591 shares outstanding.
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