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Apr 24, 2012, 05.11 PM IST | Source: Reuters

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 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 as per its announcement late on Monday.

* 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.

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