Buy TCS, says Ashish Chaturmohta

Ashish Chaturmohta of IIFL Wealth feels that one should buy TCS.

Chaturmohta told CNBC-Awaaz, "Investors should buy TCS. The stock is looking good on chart. If the stock crosses 1070-1075 then we can see level of Rs 1115 in future."
The company's trailing 12-month (TTM) EPS was at Rs 41.26 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 25.25. The latest book value of the company is Rs 99.53 per share. At current value, the price-to-book value of the company was 10.47. The dividend yield of the company was 1.34%.