Information Technology: Moderating, yet Strong
IT index is up >40% (mid-tier >100%) over the past year, supported by (1) earnings upgrade of ~5% for tier-1 IT and ~20% for mid-tier IT and...
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Pick of the Week: Wipro Ltd
Wipro Ltd is India’s one of the largest IT services exporter and has a strong global presence. It provides industry-wide solutions including next...
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Tata Consultancy Services (TCS IN): US$2.4bn Mega Buyback - Letter of Offer Out; TCS Cheap Vs Peers
The Letter of Offer for the INR180bn (~US$2.4bn) Buyback by Tata Consultancy Services has been published. No major changes is pro-ration...
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Tata Consultancy Services (TCS IN): US$2.4bn Mega Buyback
Indian IT giant TCS officially launched a US$2.4bn Buyback which is one of the largest buybacks in Indian history. The Buyback Price is INR4,500...
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Indian IT Services: Medium-Term Outlook Unattractive as Growth Slows, on Premium Valuation Levels
In this insight, I take a longer-term view on the 4 largest companies in the Indian IT Services sector, analysing their recent financial...
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