Buy TCS\, price target Rs 2\,290: Dharmesh Shah

Dharmesh Shah of ICICI Direct has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 2290.0 . The current price of Tata Consultancy Services Ltd. is Rs 2203.25 . Dharmesh Shah recommended to keep a stoploss at Rs 2154 .

Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 826744.16 Crore) operating in IT Software sector.

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 31-12-2019, the company has reported a Consolidated sales of Rs 39854.00 Crore, up 2.25 % from last quarter Sales of Rs 38977.00 Crore and up 6.74 % from last year same quarter Sales of Rs 37338.00 Crore Company has reported net profit after tax of Rs 8143.00 Crore in latest quarter.

The company’s top management includes . Company has B S R & Co. LLP as its auditors As on 31-12-2019, the company has a total of 3,752,384,706 shares outstanding.