Technical analyst Rakesh Bansal of New Age Wealth has maintained 'buy' rating on Tata Consultancy Services Limited (TCS) stock with a 4-5 day target of Rs 1210.

According to analyst, the interested investors can buy the stock with a stop loss of Rs 1115.

The stock of the company, on March 3, closed at Rs 1150.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1221 and a low of Rs 708 on BSE.

Current EPS & P/E ratio stood at 43.15 and 26.63 respectively.

India's biggest software company Tata Consultancy Services (TCS) stated that it has pocketed a deal for establishing and handling the state data centre (SDC) for Puducherry.

The state data centre, which was previously kicked off by Minister of State for Communications and IT Sachin Pilot, is all set for commissioning.

In a declaration, administration of Puducherry Secretary (IT) R P Pal stated, "This data centre will prove to be a milestone in the IT enablement of the state. Puducherry e-Governance Society (PeGS) under the Directorate of Information Technology is committed to the development of state and has completed several assignments."

Tata Consultancy Services (TCS) declared an increase of 30% on y-o-y basis in the consolidated net profit for the three month period ended December 2010 to Rs 23.70 billion.

Company's overall income for the said period surged 26.3% on y-o-y basis (4.1% on q-o-q basis) to Rs 96.63 billion.