Infosys vs TCS: a study in contrasts
Infosys, India's second-largest software services exporter drops 4% in contrast to the 8.9% surge in main rival Tata Consultancy Services.
* Infosys on April 13 reported fiscal Q4 net profit of Rs 2316 crore vs the Rs 2930 crore earned by top-ranked Tata Consultancy Services
* Infosys shares have fallen 16% since its earnings results as of Monday's close.
* Morgan Stanley says it expects TCS shares to gain relative to the main India index over the next 60 days.