Company Background :
Tata Consultancy Services Ltd is a leading global IT services, consulting and business solutions organization. The company offers a range of IT services, outsourcing and business solutions. They also offer IT infrastructure services, business process outsourcing services, engineering and industrial services, global consulting and asset leveraged solutions.
Their segments include banking, financial services and insurance; manufacturing; retail and distribution, and telecom. The company is a part of Tata Group, one of Indias most respected business conglomerates and most respected brands.
They are headquartered in Mumbai. They are having 142 offices in 42 countries as well as 105 delivery centers in 20 countries. The company shares are listed on the National Stock Exchange and Bombay Stock Exchange of India.Tata Consultancy Services Ltd was incorporated in the year 1968.
Stock Performance:
During the last 1 year the scrip has given following returns
52 week low INR 1784
52 week high INR 2292
Currently trading near the year high. It has great potential to generate wealth for investors for a long term investors.
Recommendation :
Buy on declines and add to your long term portfolio. This scrip is rock solid in any kind of steep corrections due to its performance and management.
Raghav
Equity Analyst
Smart Investor
Equity Research
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