Analyst optimistic about TCS s growth, citing strong execution and deal pipeline. Premium valuations justified by client engagement.Tanksale says: "There are definitely uncertainties lagging the growth drivers on the laggard part but TCS is likely to cope up. But still, it is very important to watch out for the vertical commentary and outlook."
Tata Consultancy Services, Infosys, HCL Technologies, and Wipro have all seen a decrease in sub-contractor expenses as a percentage of revenue, signaling improved profitability. These costs had surged during the pandemic but have now fallen below or near pre-outbreak levels.
Deal win momentum slows down for Indian IT players - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.