Buy Tata Consultancy Services, target Rs 2,210: Dr CK Narayan

INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Tata Consultancy Services Ltd
with a target price of Rs 2210
The current market price of Tata Consultancy Services Ltd
is Rs 2185.45
Time period given by the analyst is Intra Day when Tata Consultancy Services Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 2170
Tata Consultancy Services Ltd., incorporated in 1995, is a largecap company with a market cap of Rs 820064.92 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.