Tata Consultancy Services Ltd (TCS), a Tata group company is India’s No. 1 IT services provider. A pioneer in the Indian IT industry, it played a major role in the development of the IT Industry in India. It has been the largest software exporter for the last 30 years, now. The company is a global technology services company that provides IT business solutions to its clients. Recently, TCS was ranked 5th in Bloomberg Businessweek’s Tech 100.
Also, in the recent economic crisis, when many IT companies suffered, TCS was one company that stood out registering good growth rates. Its impressive June quarter performance has proved again that TCS has the ability to sustain and shine, even when other IT companies are just recovering.
- So, what factors will help TCS stay on a high-growth trajectory in future, too?
- At its current price, what should be your investment decision?