Tata Consultancy Services: Premium at Excessive Levels, Pricing in Overly Optimistic Relative Growth
Tata Consultancy Services (TCS) is India’s largest IT services company. This bellwether is an extremely high-quality company as is evidenced by its...
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HCL Technologies: Doubts over Organic Growth, Eroding Returns, Drives Undeserved Discount Rating
HCL Technologies (HCLT) is India’s 3rd largest IT services company. It is a high-quality company, as is evidenced by its 5yr average ROIC of 23%...
442 Views
Sensex Rebalance Preview: Early Look
The S&P BSE Sensex is the flagship index of the Bombay Stock Exchange (BSE). The index has 30 stocks and is a free float weighted market cap...
556 Views
Market Neutral Pair - Wipro/HCL Tech
Wipro Ltd (WPRO IN) has underperformed Hcl Technologies (HCLT IN) by 23% over the last six months. Historically, the stocks move in a wide band...
612 Views
Mindtree (MTCL IN): L&T’s Hostile Takeover Offer Is an Awkward Opening Gambit
Late Monday evening, Larsen & Toubro (LT IN) launched India’s first ever hostile takeover in the tech sector. L&T is seeking to acquire a...
808 Views