Buy Tata Elxsi, target Rs 885: Dr CK Narayan
Buy Tata Elxsi at a price target of Rs 885 and a stop loss at Rs 855 from entry point.
By ETMarkets.com |
Dr CK Narayan of Chart Advise has a buy call on Tata Elxsi with a target price of Rs 885.
The current market price of Tata Elxsi is Rs 864.10.
Time period given by the analyst is intraday when Tata Elxsi price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 855.
Tata Elxsi, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 5,381.31 Crore) operating in Information Technology sector.
Tata Elxsi key Products/Revenue Segments include Software Development Charges which contributed Rs 1,201.01 Crore to Sales Value (97.40 per cent of Total Sales) and Traded Goods which contributed Rs 32.03 Crore to Sales Value (2.59 per cent of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Dr.Gopichand Katragadda, Mr.Madhukar Dev, Mr.N Ganapathy Subramaniam, Mr.P McGoldrick, Mr.Sudhakar Rao, Mrs.S Gopinath, Prof.M S Ananth.
Company has Deloitte Haskins & Sells as its auditors.
As on 31-03-2017, the company has a total of 31,138,220 shares outstanding.
The current market price of Tata Elxsi is Rs 864.10.
Time period given by the analyst is intraday when Tata Elxsi price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 855.
Tata Elxsi, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 5,381.31 Crore) operating in Information Technology sector.
Tata Elxsi key Products/Revenue Segments include Software Development Charges which contributed Rs 1,201.01 Crore to Sales Value (97.40 per cent of Total Sales) and Traded Goods which contributed Rs 32.03 Crore to Sales Value (2.59 per cent of Total Sales)for the year ending 31-Mar-2017.
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The company’s top management includes Dr.Gopichand Katragadda, Mr.Madhukar Dev, Mr.N Ganapathy Subramaniam, Mr.P McGoldrick, Mr.Sudhakar Rao, Mrs.S Gopinath, Prof.M S Ananth.
Company has Deloitte Haskins & Sells as its auditors.
As on 31-03-2017, the company has a total of 31,138,220 shares outstanding.
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