TCS Q1 outcomes: 5 the explanation why it isn’t an all-clear sign for TCS buyers
TCS reported a largely inline quarter with income and EPS marginally above consensus (about 0.8 per cent), whereas EBITDA was 1.5 per cent above. Most verticals and geographies noticed sequential development too. Given this, one may ask the query ‘Have the enterprise fundamentals within the IT sector bottomed out?’ If that’s the case, given TCS’ … Read more