Buy Tech Mahindra, target Rs 550: Kunal Bothra
Buy Tech Mahindra Ltd. at a price target of Rs 550.0 and a stop loss at Rs 505 from entry point.
The current market price of Tech Mahindra is Rs 519.15.
Time period given by the analyst is 'Intra Day' when Tech Mahindra price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 505.
Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 50,708.53 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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