TCS shares hit 52-week - Buy, sell or hold? Check details here
TCS share price target: The counter opened in green at Rs 4,503 and went on to hit the 52-week high of Rs 5,464.75 - a gain of Rs 1.67 per cent from the previous close of Rs 4,489.35.
TCS share price target: Tata Consultancy Services (TCS) is among the stocks that emerged as the biggest gainers as benchmark equity indices Sensex and Nifty climbed in early trade on Tuesday.
The counter opened in green at Rs 4,503 and went on to hit the 52-week high of Rs 5,464.75 - a gain of Rs 1.67 per cent from the previous close of Rs 4,489.35. This is also the company's 52-week high of the stock on the BSE. The 52-week low of TCS is Rs 3,313. Last seen, the counter was trading at Rs 4,512.65.
TCS share price target
Brokerage firm Macquarie has added Tata Consultancy Services (TCS) to its "Marquee idea list". The brokerage has maintained its "outperform" recommendation on the stock and has raised the target to Rs 5,740 from Rs 4,750.
The brokerage said that TCS has created a legacy modernisation framework based on Artificial Intelligence.
Anil Singhvi's View on TCS
Zee Business Managing Editor also said that investors can buy TCS Futures for targets of Rs 4,530, Rs 4,555 and Rs,4585. He suggested that investors can keep a stop loss of Rs 4,440.
TCS share price history
The counter has given a return of around 106 per cent in 5 years. In one year and two years, it has given a positive return of 34 per cent and 33 per cent respectively.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
L&T Finance, Mankind Pharma and 5 more: Brokerage recommends buying these 7 stocks for up to 3 months for huge profit| Check targets, stop losses
SIP+SWP: Rs 15,000 monthly SIP investment for 20 years and Rs 100,000 monthly income for 45 years; know how it is possible
Depositing large amounts of cash into your bank account may attract income tax department scrutiny; know under which conditions
SBI Senior Citizen FD Rates 2024: What you can get if you invest Rs 3.5 lakh, Rs 7 lakh, Rs 10.50 lakh, and Rs 14 lakh in 1-, 3-, and 5-year FDs
15x15x15 Formula: In how many years Rs 15,000 monthly SIP can grow to over Rs 1 crore; see calculations
12:31 PM IST