This is an intraday call for the day traders who want to make sound profit in today’s trading session.

According to the analysts, TCS can be purchased with the stop loss of Rs 524 to achieve the intraday target of Rs 535. If the stock remains positive then the stock may be purchased for the next intraday target of Rs 547.

Shares of the company, on Tuesday (Feb 10), closed at Rs 524 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 639929. The share price has seen a 52-week high of Rs 1054 and a low of Rs 418 on BSE. The current P/E ratio is 10.92 and EPS is 48 per share.

To jointly develop and deliver IT services and solutions, Tata Consultancy Services (TCS), on Feb 10, has joined hands with networking and communications infrastructure provider Cisco Systems Inc.

The two companies in a joint declaration said they would work on delivering next generation data centres for customers, with TCS developing compatible technology to match Cisco's data centre networking infrastructure.

As per the deal, TCS will fabricate a new technology practice centered on CISCO’s industry-leading data centre networking and security solutions.

At first, the companies’ strategic coalition will concentrate on India as well as mutual enterprise clients in US and UK in the key verticals of banking and finance services, telecommunication, and administration plus SMEs.

The companies have also formed a CISCO Technology Lab at the TCS Campus in Chennai, India.

The Cisco Technology Lab in Chennai will permit TCS to construct network-based data center solutions, examine frameworks, build up skills and certify employees in Cisco data centre technologies.

They companies are also developing go-to-market solutions that meet the infrastructure and network requirements of global corporations.

TCS, on Feb 06, said that it has finished the enterprise resource planning (ERP) implementation of Cochin Port Trust in record time to permit the South Indian port to become India’s first ‘e-thuramugham’ or ‘ePort’.

Moreover, the company, on Jan 30, is seen as a leader in the race to win an outsourcing contract valued at $60-100 million from the Japanese electronics, Sony.

Other best options from the same segment are Infosys, Wipro and HCL Tech.