Buy Tech Mahindra, target Rs 525: Pritesh Mehta
Buy Tech Mahindra at a price target of Rs 525 and a stop loss at Rs 475 from the entry point.
By ETMarkets.com |
Pritesh Mehta of IIFL has a buy call on Tech Mahindra with a target price of Rs 525.
The current market price of Tech Mahindra is Rs 488.75.
Time period given by the analyst is intraday when Tech Mahindra price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 475.
Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 45,965.71 Crore) operating in Information Technology sector.
Tech Mahindra key Products/Revenue Segments include Software Services which contributed Rs 23,165.40 Crore to Sales Value (100 per cent of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Mr.Anand G Mahindra, Mr.Anupam Puri, Mr.C P Gurnani, Mr.M Damodaran, Mr.Ravindra Kulkarni, Mr.T N Manoharan, Mr.Ulhas N Yargop, Mr.V S Parthasarathy, Mr.Vineet Nayyar, Mrs.M Rajyalakshmi Rao.
Company has Deloitte Haskins & Sells LLP as its auditors.
As on 30-09-2017, the company has a total of 976,021,040 shares outstanding.
The current market price of Tech Mahindra is Rs 488.75.
Time period given by the analyst is intraday when Tech Mahindra price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 475.
Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 45,965.71 Crore) operating in Information Technology sector.
Tech Mahindra key Products/Revenue Segments include Software Services which contributed Rs 23,165.40 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 Mr.Anand G Mahindra, Mr.Anupam Puri, Mr.C P Gurnani, Mr.M Damodaran, Mr.Ravindra Kulkarni, Mr.T N Manoharan, Mr.Ulhas N Yargop, Mr.V S Parthasarathy, Mr.Vineet Nayyar, Mrs.M Rajyalakshmi Rao.
Company has Deloitte Haskins & Sells LLP as its auditors.
As on 30-09-2017, the company has a total of 976,021,040 shares outstanding.
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