TCS Share: Purchase Tata Consultancy Providers, Goal Value Rs 3420: ICICI Direct


ICICI Direct has positioned a purchase name with a goal worth of Rs 3420. The present market worth of Tata Consultancy Providers is Rs 3299.2. The time interval given by the analyst is intraday when . The worth might attain the goal set.

Tata Consultancy Providers Ltd., included within the yr 1995, is a Giant Cap firm (having a market cap of Rs 1207047.87 Crore) working in IT Software program sector.

TATA CONSULTANCY SERVICES LTD The key merchandise/income segments embody Consultancy Revenue and Gross sales of Gear and Software program Licenses for the yr ended 31-March-2022.

monetary scenario

For the quarter ended 30-06-2022, the Firm reported Consolidated Whole Revenue of Rs 53547.00 Crore, up 3.83% from final quarter’s Whole Revenue of Rs 51572.00 Crore and 16.07 from Rs 46132.00 Crore for the corresponding quarter final yr. % above. Firm has reported Internet Revenue after Tax of Rs 9519.00 Crore in newest quarter.

funding logic
The Bullish Hammer Like candle on the month-to-month chart on the 80% retracement of the CY21 rally is a good risk-reward.


Promoter/FII Holdings
As of June 30-June-2022, promoters held 72.3 per cent stake within the firm, whereas FIIs held 13.5 per cent, DIIs 8.36 per cent.

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