HDFC Securities Recommends Buy, Sell, Add Call to Tata Group Stocks, IT Software Stock

HDFC Securities has picked 3 stocks and assigned buy, sell, and add call. Two of these stocks are from Tata Group. HDFC Securities has recommended add call to TCS, buy call to Infosys, and sell call to Tata Elxsi. Check details below:

1. Buy Infosys: HDFC Securities has recommended buy call to large cap IT Software sector stock, Infosys Ltd with target price of Rs 1815 apiece. Last trading price of Infosys is Rs 1383.50 apiece with intraday rally of 0.44%. If you buy Infosys share now, you can fetch potential gain of 31%. The stock's 52-week high price is Rs 1918.50 apiece and 52-week low price is Rs 1355.50 apiece, respectively. The company has a market capitalisation of Rs 5,73,953.28 crore. The stock fell 26% in last 1-year, gave return of 3% in last 2-years, and 111% in last 3-years. It soared 143% in last 5-years.

2. Add TCS: The analyst has suggested investors to add TCS share with target price of Rs 3560 apiece. Last trading price of the stock is Rs 3138.10 apiece with intraday gain of 0.73%. If you add Tata Consultancy Services Ltd share, you can get potential upside of 13%. The large cap IT Software stock's 52-week high price is Rs 3835.50 apiece and 52-week low price is Rs 2926.00 apiece, respectively. The company has a market capitalisation of Rs 11,48,246.91 crore. It declined 15% in last 1-year, gave return of 4% in last 6-months, 2% in last 2-years, and 72% in last 3-years.

3. Sell Tata Elxsi: HDFC Securities has assigned sell call to mid-cap IT Software sector stock, Tata Elxsi with target price of Rs 6000 apiece. Last trading price of Tata Elxsi is Rs 5952.30 apiece on BSE. The stock gave 124% return in last 2 years, 830% return in last 3-years and 504% return in last 5-years. In last 1-year, it fell 30% and 29% in last 6-months.

The company's market capitalisation is Rs 37,068.81 crore.

Disclaimer: The stocks have been picked from the brokerage report of HDFC Securities. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.