TCS Long Term Buy Call

TCS Long Term Buy CallTechnical analyst Anita Gandhi of Arihant Capital Markets is bullish on Tata Consultancy Services Limited (TCS) and has maintained 'buy' rating on the stock with a target of Rs 1361.

The analyst said that the stock can achieve the said target in a period of 12 months.

Today, the stock of the company opened at Rs 1120 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 26.57 respectively.

Leading IT and consulting firm Tata Consultancy Services (TCS) has launched its primary learning and development centre in Hyderabad.

The company said that it launched the new centre for campus trainees.

The centre is outfitted to prepare 6,000 professionals in a period of one year.

It will provide TCS learning curriculum in a period of 3 months to those who join TCS straightly after finishing their studies.

TCS vice-president V Rajanna stated, "TCS remains committed to the growth of IT sector in Andhra Pradesh. With over five global development centres (GDCs) functioning in the city and the second phase of Synergy Park being built, we continue to invest in the state both in terms of infrastructure and talent."