Buy Tata Elxsi, target Rs 950: Kunal Bothra
Buy Tata Elxsi at a price target of Rs 950 and a stop loss at Rs 885 from the entry point.
By ETMarkets.com |
Independent analyst Kunal Bothra has a buy call on Tata Elxsi with a target price of Rs 950.
The current market price of Tata Elxsi is Rs 908.70.
Time period given by the analyst is intraday when Tata Elxsi price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 885.
Tata Elxsi, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 5,659.06 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 30-09-2017, the company has a total of 62,276,440 shares outstanding.
The current market price of Tata Elxsi is Rs 908.70.
Time period given by the analyst is intraday when Tata Elxsi price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 885.
Tata Elxsi, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 5,659.06 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 30-09-2017, the company has a total of 62,276,440 shares outstanding.
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