15 January 2007

tcs


TCS would report a double-digit growth in topline. But we would like to be a little more conservative; our estimates are around 9% for the topline growth, margins maybe slightly impacted because of rupee strengthening but they could still report profit growth on a sequential basis of around 7-8%. So a good growth is expected and it is likely to be a dark horse. One can look to take a short-term bet in terms of result expectations.” Analysts expect TCS to report 6.59% QoQ growth in Q3FY07, driven by high volume growth. Ramp-ups in large deals are also expected to add to revenue growth.

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