TCS may move to Rs 2650, says Gaurang Shah

Gaurang Shah of Geojit BNP Paribas told CNBC-TV18, "We do have positive coverage on Tata Consultancy Services (TCS), Infosys, HCL Technologies, Tech Mahindra, and Mindtree to name a few frontline midcap in the IT pack. Extend your time horizon to one year plus and you could look for targets Rs 2,650."At 14:54 hrs Tata Consultancy Services was quoting at Rs 2,224.60, up Rs 28.55, or 1.30 percent. It has touched a 52-week low of Rs 2,167.95.