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TCS vs Infosys vs Wipro vs HCLTech: Stock performance, PE ratio, returns TTM, Q1 results

TCS, Infosys, HCLTech and Wipro are major players in the Indian IT sector. But due to the macroeconomic headwinds and drop in tech demand, the IT sector has cut down its growth outlook for the upcoming quarters, and it is also evident on the decline in stock prices. Let us take an in-depth view at each company.
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TCS fares better with lowest attrition rate; Infosys, Wipro lag


TCS fares better with lowest attrition rate; Infosys, Wipro lag
India s largest IT services company Tata Consultancies Services (TCS) continues to have the lowest attrition rate among the top three tech companies in India at 7.2 per cent for the quarter ending March 2021
Manoj Sharma | April 16, 2021 | Updated 11:37 IST
All the three big companies expect attrition rate to inch up in the April-June quarter of FY21
The big three of Indian IT industry, TCS, Infosys and Wipro have announced their fourth quarter financial results and all of them have ended the financial year 2020-21 on a high note. A high attrition rate amid huge demand for professionals, however, remains a worry. India s largest IT services company Tata Consultancies Services (TCS) continues to have the lowest attrition rate among the top three tech companies in India at 7.2 per cent for the quarter ending March 2021. ....

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TCS reports 15% rise in Q4 net at Rs 9,246 cr; declares dividend of Rs 15


India s largest software exporter Tata Consultancy Services (TCS) on Monday reported 15% increased in its consolidated net profit at Rs 9,246 crore for the fourth quarter ending March 31, 2021. It was Rs 8,049 crore in the year-ago period.
Consolidated revenue from operations rose 9.4% to Rs 43,705 crore as against Rs 39,946 crore a year ago.
Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said: “Our investments over the last decade in building newer capabilities, and in research and innovation, position us well for the multi-year technology services opportunity ahead. While we continue to dominate in our traditional areas of strength, we are making good progress in gaining share in the growth and transformation opportunity. Our focus going into FY22 will be to engage with clients in their growth agenda, propelled by innovation and leverage of collective knowledge.” ....

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