Buy Tech Mahindra, target Rs 650: Chandan Taparia
ETMarkets.com|
Feb 26, 2018, 08.33 AM IST
Chandan Taparia of Motilal Oswal Securities has a buy call on Tech Mahindra with a target price of Rs 650.
The current market price of Tech Mahindra is Rs 620.40.
Time period given by the analyst is 'Intra Day' when Tech Mahindra price can reach defined target.
Chandan Taparia recommended to keep a stop loss at Rs 607.
Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 60,759.57 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 31-12-2017, the company has a total of 979,361,244 shares outstanding.
The current market price of Tech Mahindra is Rs 620.40.
Time period given by the analyst is 'Intra Day' when Tech Mahindra price can reach defined target.
Chandan Taparia recommended to keep a stop loss at Rs 607.
Tech Mahindra, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 60,759.57 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 31-12-2017, the company has a total of 979,361,244 shares outstanding.
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