ICICI Direct has buy call on Tata Consultancy Services with a target price of Rs 3600. The current market price of Tata Consultancy Services Ltd. is Rs 3178.05.
Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1190293.95 Crore) operating in IT Software sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 42706.00 Crore, up 4.04 % from last quarter Total Income of Rs 41049.00 Crore and up 5.00 % from last year same quarter Total Income of Rs 40672.00 Crore. Company reported net profit after tax of Rs 8727.00 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 72.1 per cent stake in the company as of Sept 30, 2020, while FIIs held 16 per cent, DIIs 7.9 per cent and public and others 4 per cent.
