Infosys ADR up 4%, Wipro ADR up 5% - this is what happens when @TCS says we are at the start of the multi year technology transformation cycle @CNBCTV18News#TCSQ2 is back with a bang with a material beat on Rev + Margins, Expect material EPS upgrades
She said she didn’t have a business plan when she started in 2012 and here 7 yrs down it’s a 5000 cr cos with revenues of 1200 cr. Falguni Nayar of @MyNykaa@CNBCTV18News#TechAtWork
As I’m close to resuming work after a 6 month maternity break, my life’s immediate ambition has nothing to do with work, it is getting my little one to sleep the night !! 😂#motherhood#tallgoals#happyholi
Infosys was a big OW holding for institutions
Funds preferred #Infosys over #TCS
Infy relatively cheaper
Infosys was growing faster than TCS
Infosys also has a higher weightage in the nifty
Infosys weight at 6.75%
TCS at 4.33%
TCS buyback record date fixed 23th Feb 2022
Alert - On Jan 12, @TCS board announced buyback of up 4 cr shrs at `4500/sh for `18000cr. (Price is at 21% premium to fri close)
With IT stocks declining due to global tech meltdown & fears of rising rates, will investors tender more?
Tanla Platforms - Strong Q3
YOY
Rev up 35.3% at Rs 884.9 cr vs Rs 654.1 cr
EBITDA % at 22.9% vs 19.4%
PAT up 69% at Rs 158 cr vs Rs 93.5 cr
Gross margins at 22.9% vs 19.4%
in 5 years from FY2017-21
Rev up 4X
EBITDA up 8X
PAT up 9X
@Tanla_India@udaydasari@CNBCTV18News
At the gorgeous @TCS_News headquarters at banyan park office in Andheri - first in person interview in 18 months with the CFO Samir Sakseria and CHRO Milind Lakkad . Full interview on Monday at Cnbc TV18 .
