Monday, January 20, 2014

TCS= TATA CONSULTANCY SERVICES -Leading Indian Face ( brand) in world

INFY flair ed up the market after third quarter result. Now it was TCS turn. Again it has beaten the market forecast. In last some quarter it has been noticed that before result market prices start moving up and as result declares good or bad , the price take a dive.

This time the trend has changed as INFY shows. Let us keep our fingure crossed and see how market react morrow for TCS. My opinion ??? I an biased toward northward but not sharp turn expect ( as in case of INFY).


TCS India’s number one software exporter, reported a net profit of Rs 5,314 crore for the quarter ended December, up 13 percent sequentially, as the company maintained its robust operating margins. Quarterly revenues at Rs 21,294 crore were marginally lower than analysts estimates, but up 1.5 percent sequentially and 32.5 percent year-on-year.( Written on 16th jan 2014)



TCS bounce back smartly today. On last Friday it lost 6% and today it regain nearly the same. I was expecting it to move ahead after result but in slow pace (as i wrote after result declared). The plunge of 6% on Friday was unexpected and I was surprised. It may be the FII that off-loaded big chunk on Friday to terrify small deshi investors to sell TCS off and on Monday slowly accumulate TCS. Thus TCS went from weak hands to strong hands. Now one can expect the price go up but gradually.

Infosys and TCS both are face of BRAND INDIA. Though there are many corporates that are also extending the INDIAN BRAND. But these two are the most admired and related to IT sector, for which India and Indians are known in world.
TCS will become first Indian Company that will have one lakh employees at end of this fiscal year. It will have employees more then Accenture and many other global companies. The company has perhaps lowest attrition rate in big IT companies. It shows that TCS care about its employees the most.
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