TCS has a lousy day on Dalal Street post quarterly result declaration
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TCS fell 2.6 percent to 2,455 rupees on the
TCS failed to meet sales forecast for the fourth time in a row. Q1 Sales rose 6 percent sequentially to 25,668 crore rupees, below analysts expectations.
CLSA said it saw strong margin performance at TCS emanating from productivity gains.
Barclays added it continued to see strength in execution at TCS which should lead to industry leading sales growth.
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Credit Suisse continues to view TCS as a core holding despite near term stock constraints.
Morgan Stanley said it sees strong deal wins and broad-based growth rates across verticals.
And
(Image credits: wikipedia)
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