Stock market analyst Hitendra Vasudeo of stockmechanics.com has maintained ‘buy’ rating on Tata Consultancy Services (TCS) stock with an intraday target of 885.
According to Mr. Vasudeo, interested traders can purchase the stock above Rs 852 with a strict stop loss of Rs 837. If the stock market remains on positive track, the next target will be above Rs 895.
Shares of the company, on Monday (Aug 14), closed at Rs 841.80 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 173723. Current EPS & P/E ratio stood at 47.40 and 17.76 respectively. The share price has seen a 52-week high of Rs 1151 and a low of Rs 719.10 on BSE.