Stay invested in TCS

Published on Thu, Oct 12, 2006 at 18:29 |  Source : Moneycontrol.com

Updated at Fri, Oct 13, 2006 at 11:23  

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Tata Consultancy Services |

Sajiv Dhawan of JV Capital Services is of the view that one should stay invested in Tata Consultancy Services , TCS.

Dhavan told CNBC-TV18, "When one compare Tata Consultancy Services with Infosys Technologies , he/she expect both to be almost at par and come out with similar sort of result, so expectation again are going to be very high. One has seen a good run up in the stock. Again it doesn't look that cheap but unless it disappoint one is going to see the sector as a whole and TCS, Infosys continue to outperform in this particular sector."

He further added, "So, remain invested in this stock wait to see what the results come out like next week and then make a fresh investment decision. That is a stock that we do like for longer time and portfolio investors who can average out the purchase and stagger that investment over a period of time." 

Disclosure: Analyst and his clients might have interest in above stock.

  

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