TCS announces excellent first quarter results post Market Closing…It closed at Rs 433 but should open firm on Monday

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TCS closed at Rs 433 today…It should open firm on Monday  This evening it has announced an excellent First Quarter FY 10,despite pressure on billing rates On Revenues of Rs 7207 crs,the PAT is Rs 1534 crs,up 15% qoq and 19% yoy.The EPS is Rs 7.83…This gives a Market Multiple of less than 14…Infosys is 18+…so …

TCS announces excellent first quarter results post Market Closing…It closed at Rs 433 but should open firm on Monday Read More »