
Buy TCS
TCS
Buy
Price: Rs687 Target Price (Dec 10): Rs774
Management indicates high visibility
* High visibility for growth in near term: TCS management indicated
enough visibility for March 2010 to be a growth quarter, a significant
positive given that CY10 IT budgets are yet to be finalized. While TCS
management indicated towards lower volume growth in 3QFY10 c.f.
2QFY10 (volumes grew 5% q-o-q), due to lower working days, we view
high visibility for 4QFY10 as a key positive. Re-iterate Buy on TCS.

Recent Comments and talks
5 weeks 2 days ago
1 year 2 weeks ago
1 year 23 weeks ago
1 year 23 weeks ago
1 year 24 weeks ago
1 year 24 weeks ago
1 year 24 weeks ago
1 year 26 weeks ago
1 year 26 weeks ago
1 year 26 weeks ago