Buy TCS, price target Rs 2,260: Kunal Bothra

INSUBCONTINENT EXCLUSIVE:
Kunal Bothra has a buy call on Tata Consultancy Services Ltd
with a target price of Rs 2260.0
The current price of Tata Consultancy Services Ltd
is Rs 2207.4
Kunal Bothra recommended to keep a stoploss at Rs 2165
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 825674.73 Crore) operating
in IT Software sector
Tata Consultancy Services Ltd
key Products/Revenue Segments include Consultancy Income which contributed Rs 121033.00 Crore to Sales Value (98.26 % of Total Sales) and
Sale of Equipment - Software Licences which contributed Rs 2137.00 Crore to Sales Value (1.73 % of Total Sales)for the year ending
31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 38977.00 Crore, up 2.11 % from last quarter Sales of
Rs 38172.00 Crore and up 5.76 % from last year same quarter Sales of Rs 36854.00 Crore Company has reported net profit after tax of Rs
8058.00 Crore in latest quarter
The company’s top management includes Dr.Pradeep Kumar Khosla, Dr.Ron Sommer, Mr.Aman 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 30-09-2019, the company has a total of 3,752,384,706 shares outstanding.