“TCS results were marginally better than our expectations. The 4.4% volume growth was better than what we had thought and is the highlight of the quarter. The company has maintained a confident outlook for FY14 and is based on the demand trends and scale ups which the company is seeing.
TCS has reported an above industry growth with sustained margins. We believe that, aggressive demand generation initiatives and effective execution across existing and new services are allowing the company increase the wallet share within existing clients and garner new marquee accounts. We maintain our positive bias for the stock.”
TCS has reported an above industry growth with sustained margins. We believe that, aggressive demand generation initiatives and effective execution across existing and new services are allowing the company increase the wallet share within existing clients and garner new marquee accounts. We maintain our positive bias for the stock.”
