Tata Consultancy Services (TCS), India's largest IT software services exporter saw a net growth of 3% from its previous quarter in the fourth quarter results. It reported a net profit at Rs 2402 crore. The company met the industry and market expectations all alike. (Read Analysis: TCS vs Infosys in Q4: Udayan analyses)
In an exclusive interview with CNBC-TV18, IT analysts Sandip Agarwal of Antique Stock Broking and Shashi Bhushan of Prabhudas Liladhar react to quarterly results and the share their expectations going forward for the financial year.
Agarwal says that he is bullish on the stock but would recommend a hold at current levels because he sees the room for margin expansion is to be low.
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