Buy Tech Mahindra, target Rs 540: Kunal Bothra
Buy Tech Mahindra Ltd. at a price target of Rs 540.0 and a stop loss at Rs 480 from entry point.
The current market price of Tech Mahindra is Rs 500.10.
Time period given by the analyst is intraday when Tech Mahindra price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 480.
Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 48,817.39 Crore) operating in Information Technology sector.
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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