TCS Share Price: Buy Tata Consultancy Services, target price Rs 3358: Prabhudas Lilladher

Prabhudas Lilladher has buy call on with a target price of Rs 3358. The current market price of Tata Consultancy Services is Rs 3013.8.

Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 1133145.13 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 Crore and up 5 % from last year same quarter Total Income of Rs 40672.00 Crore. Company reported net profit after tax of Rs 8727 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.



Source Link