Sell Tata Consultancy Services, target Rs 2,000: Kunal Bothra

Independent analyst Kunal Bothra has a sell call on Tata Consultancy Services Ltd. with a target price of Rs 2000. The current market price of Tata Consultancy Services Ltd. is Rs 2094.5. Time period given by the analyst is Intra Day when Tata Consultancy Services Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 2150. Tata Consultancy Services Ltd., incorporated in 1995, has a market cap of Rs 785936.98 crore.

Tata Consultancy Services Ltd. key Products/Revenue Segments include Information Technology & Consultancy Services which contributed Rs 97356.00 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-03-2019, the company has reported a Consolidated sales of Rs 38010.00 Crore, up 1.80 % from last quarter Sales of Rs 37338.00 Crore and up 18.50 % from last year same quarter Sales of Rs 32075.00 Crore Company has reported net profit after tax of Rs 8152.00 Crore in latest quarter. The company’s top management includes Dr.P K Khosla, Dr.R Sommer, Mr.A Mehta, Mr.Daniel Hughes Callahan, Mr.Keki M Mistry, Mr.N Chandrasekaran, Mr.N G Subramaniam, Mr.O P Bhatt, Mr.Rajesh Gopinathan, Ms.Aarthi Subramanian, Ms.Hanne Birgitte Breinbjerg Sorensen. Company has B S R & Co. LLP as its auditoRs As on 31-03-2019, the company has a total of 3,752,384,706 shares outstanding.